Burgundy

Burgundy Xploration is a Houston-based independent exploration and production company focused on advancing the Icewine Project, a large-scale, liquids-rich oil development on Alaska’s North Slope. The company controls approximately 60,000 contiguous acres within the Toolik River Unit, a proven petroleum basin with direct access to the Dalton Highway and the Trans-Alaska Pipeline System, enabling a capital-efficient path to production and market access. Burgundy’s strategy centers on applying modern Lower 48 drilling and completion techniques to underdeveloped North Slope reservoirs, targeting multiple stacked pay zones across conventional and unconventional formations. With significant geological de-risking completed and a phased development plan underway, the company is focused on disciplined execution, scalable growth, and accelerating near-term cash flow in a stable U.S. jurisdiction.