The Adviser is a private firm located in Plano, Texas. The Adviser provides investment advisory
services on a discretionary basis to private investment vehicles for the purpose of acquiring,
managing and optimizing oil and natural gas properties, and currently consists of eleven private
investment funds, Urban Oil and Gas Partners A, LP, Urban Oil and Gas Partners A-1, LP,
Urban Oil and Gas Partners B, LP, Urban Oil and Gas Partners B-1, LP, Urban Oil and Gas
Partners C, LP, Urban Oil and Gas Partners C-1, LP, Urban Oil and Gas Partners D, LP, Urban
Oil and Gas Partners D-1, LP, Urban Oil and Gas Partners E, LP, Urban Oil and Gas Partners
E-1, LP, and UOG ABS Issuer I, LLC .(each, a “Fund”, and together, the “Funds”) 1
In connection with sponsoring a Fund, the general partner (the “General Partner”) or manager
(“Manager”) of the Fund delegates to the Adviser responsibility for management, operation, and
control of the investment and trading activities of the Fund, to the fullest extent permitted by law
and the governing documents of the Fund, subject to the supervision and decision-making power
of the General Partner or Manager.
The Adviser was formed in 2013. The Funds are managed by the two principals of the Adviser,
consisting of Mrs. Bonnie C. Shea and Mr. Matthew T. Kirby (collectively, the “Principals”).
The Adviser’s investment review team has extensive experience in managing direct investments
in oil and gas on behalf of high net worth and institutional investors throughout the U.S. The
Principals and the investment team have a long-standing professional relationship that extends
beyond Urban Oil and Gas as a number of senior personnel have worked together in various
capacities prior to UOG.
Investment advisory services include establishing each Fund's investment objective and selecting
direct oil and gas investments according to each Fund's specific investment strategy, as described
in the applicable Fund’s investment memorandum
(if any) and governing documents (collectively,
the “Offering Documents”). The investment activity of the Adviser generally focuses on
acquisitions that may provide the following: (i) Diversification; (ii) Capital Preservation; and
(iii) Capital Appreciation.
The Investors may not restrict investments by the Funds in any capacity beyond the Offering
Documents, and except in limited circumstances, Investors are not permitted to withdraw from a
Fund prior to the Fund’s dissolution. Interests in the Funds are not registered under the U.S.
Securities Act of 1933, as amended (the “Securities Act”), and the Funds are not registered
under the Investment Company Act of 1940, as amended (the “Investment Company Act”).
Accordingly, interests in the Funds are offered and sold exclusively to Investors satisfying the
applicable eligibility and suitability requirements, for private transactions within the United States.
1 As an SEC-registered investment adviser, the Adviser owes a fiduciary duty to all of its clients. In 2006,
the decision by the Court of Appeals for the D.C. Circuit in Goldstein v. SEC, 451 F.3d 873 (D.C. Cir. June
23, 2006), with respect to private funds, clarified that the “client” of an investment adviser to a private fund
is the fund itself and not an investor in the fund. For purposes of this Brochure, the terms “Fund” or
“Funds,” refer to the advisory clients of the Adviser.
All discussion of the Funds in this Brochure, including but not limited to their investments,
the strategies used in managing the Funds, and conflicts of interest faced by the Adviser in
connection with the management of the Funds are qualified in their entirety by reference to
each Fund’s respective Offering Documents.
The Adviser does not participate in wrap fee programs.
As of December 31, 2023, the Adviser managed $789,845,550 in discretionary assets. The
Adviser does not currently manage assets on a non-discretionary basis.