About Us

Formed in 2013, the Partnership’s primary investment objectives are and have been to acquire producing and non-producing oil and gas properties with development potential onshore in the United States, engage leading

operators of the assets acquired to maximize operating results, maintain financial flexibility to strategically enhance the value of the properties through drilling and other development activities, and provide our limited partners attractive returns in a tax efficient investment in oil and gas properties. Our General Partner is Energy Resources 12 GP, LLC, whose members are affiliates of Glade Knight, Chairman and Chief Executive Officer, and David McKenney, Chief Financial Officer. The experience of our team is outlined below.

Our Team

Glade M. Knight

Chairman of the Board and Chief Executive Officer

Mr. Knight has been part owner of and Chief Executive Officer of Energy Resources 12 GP, LLC (the “General Partner”) since its formation in December 2016. Mr. Knight is also part owner of and the Chief Executive Officer of Energy 11, L.P., a partnership focused on investments in the oil and gas industry. Mr. Knight also is the founder and has served as Executive Chairman of Apple Hospitality REIT, Inc. since May 15, 2014, and previously served as Chairman and Chief Executive Officer. Mr. Knight was also the founder of each of the former Apple REIT Companies and served as their Chairman and Chief Executive Officer from inception until the companies were sold to a third party or merged with Apple Hospitality REIT, Inc. In addition, Mr. Knight served as Chairman and Chief Executive Officer of Cornerstone Realty Income Trust, Inc. from 1993 until it merged with a subsidiary of Colonial Properties Trust in 2005. Following the merger in 2005 until April 2011, Mr. Knight served as a trustee of Colonial Properties Trust. Cornerstone Realty Income Trust, Inc. owned and operated apartment communities in Virginia, North Carolina, South Carolina, Georgia and Texas. Mr. Knight is the founding Chairman of Southern Virginia University in Buena Vista, Virginia. He also is a member of the Advisory Board to the Graduate School of Real Estate and Urban Land Development at Virginia Commonwealth University. Additionally, he serves on the National Advisory Council for Brigham Young University and is a founding member of the University’s Entrepreneurial Department of the Graduate School of Business Management.

David S. McKenney

Director, Chief Financial Officer, and Secretary

Mr. McKenney has been part owner of and the Chief Financial Officer of the General Partner since its formation in December 2016. Mr. McKenney is also part owner of and the Chief Financial Officer of Energy 11, L.P., a partnership focused on investments in the oil and gas industry. Mr. McKenney was the President of Capital Markets of Apple REIT Ten, Inc. from its inception until it merged with Apple Hospitality REIT, Inc. in September 2016. Mr. McKenney previously served as President of Capital Markets for Apple Hospitality REIT, Inc. In addition, Mr. McKenney was the President of Capital Markets of Apple REIT Six, Inc., a real estate investment trust, from 2004 until the company merged with an affiliate of Blackstone Real Estate Partners VII in May 2013. Mr. McKenney served in the same capacity for Apple Hospitality Five, Inc., a lodging REIT, from 2002 until the company was sold to Inland American Real Estate Trust, Inc. in October of 2007, and Apple Hospitality Two, Inc., a lodging REIT, from 2001 until the company was sold to an affiliate of ING Clarion in May of 2007. From 1994 to 2001, Mr. McKenney served as Senior Vice President and Treasurer of Cornerstone Realty Income Trust, Inc., a REIT that owned and operated apartment communities in Virginia, North Carolina, South Carolina, Georgia and Texas. From 1992 to 1994, Mr. McKenney served as Chief Financial Officer for The Henry A. Long Company, a regional development firm located in Washington, D.C. From 1988 to 1992, Mr. McKenney served as a Controller at Bozzuto & Associates, a regional developer of apartments and condominiums in the Washington, D.C. area. Mr. McKenney holds Bachelor of Science degrees in Accounting and Management Information Systems from James Madison University.