LOGOS RESOURCES ANNOUNCES UPSIZED EQUITY CAPITAL COMMITMENT FROM ARCLIGHT CAPITAL PARTNERS TO $100 MILLION TOTAL EQUITY COMMITMENT

FARMINGTON, N.M.–(BUSINESS WIRE)–LOGOS Resources, LLC (“LOGOS”), an oil and gas exploration company, today announced an upsized equity capital commitment to $100 million from ArcLight Capital Partners, LLC (“ArcLight”). LOGOS plans to use the equity commitment to develop its existing acreage in the core of the Gallup oil resource play in the San Juan Basin, utilizing both horizontal and vertical drilling technology. LOGOS will also use the additional capital to expand its footprint and pursue additional acreage acquisition opportunities.