Mercuria

Phoenix Global Resources is an independent oil and gas exploration & production company.

Validere Technologies Inc. is a Toronto-based company that specializes in providing critical information about liquids to large markets, particularly in the oil and gas sector. Founded in 2015, Validere develops portable devices such as the Validere Identifier, which assesses liquid safety by comparing samples against a comprehensive library, and EDGE Connect, which facilitates secure connections between buyers and sellers to identify arbitrage opportunities. The company's solutions enable industry participants to optimize their operational and trading decisions by delivering real-time quality intelligence and actionable testing data. This innovation allows oil and gas companies to accurately monitor product quality, streamline logistics, and enhance trading strategies, resulting in significant cost savings and increased revenue. Validere's technology supports transparency and accountability in liquid measurement, making it a valuable resource for producers and midstream organizations.

ClearFlame Engines, Inc. specializes in developing and manufacturing engines for heavy-duty applications, focusing on decarbonizing these engines to mitigate the reliance on diesel fuel. The company has created a patented system that allows for the production of high-performance engines at reduced costs, benefiting various sectors including marine, agriculture, transportation, power generation, rail, and construction. Founded in 2016 and based in Woodridge, Illinois, ClearFlame aims to lower operating costs while offering substantial fuel savings to its clients, addressing environmental challenges associated with traditional diesel engines.

Lilac Solutions has developed a new ion exchange technology to address the challenges faced by lithium producers. Lilac's technology cuts capital and operating costs, accelerates project startup, boosts lithium recovery, and unlocks new resources. Their process is modular and can be ramped up quickly through pilot and commercial projects. Lilac is a mining technology company and is building partnerships with brine developers and operators around the world.

Beyond6 is a diversified energy solutions company focused on decarbonization. Through our growing network of CNG stations for the transportation industry and other decarbonization services, we are delivering opportunities to fleets across the country.

Trefoil is an exploration and production company focused in Mendoza, Argentina. Smedvig Capital invested a total of $12m of equity growth capital in a series of investments commencing in 1996 and a similar level of debt. The company was led by a team of very experienced Argentine oil executives who were well placed to capitalize on the favourable industry dynamics in the region. This included Roberto Monti, the former CEO of YPF, the then Argentine State oil company. Trefoil was listed on the Oslo Stock Exchange in 2005 and later sold to Mercuria in 2011 with both founders and investors realising substantial returns.