Ceritas Energy Fund II

Energy Spectrum and Quantum Energy Partners established Ceritas II in February 2008 to pursue midstream opportunities. Ceritas II previously constructed natural gas gathering systems in the Piceance Basin in western Colorado as well as in the Marcellus Shale play in central Pennsylvania and has since monetized each of these assets. In December 2012, Ceritas II formed a joint venture with a leading industry technology provider to pursue opportunities to process natural gas liquids from the CO2 recycle stream in CO2 flood projects. Ceritas II sold its interest in the joint venture in April 2019.