Q4 2024 and Subsequent Event Highlights Continuing to advance front-end engineering and design ("FEED") for proposed natural gas-to-gasoline project in the Permian Basin Closed $50 million equity investment by Cottonmouth Ventures, LLC ("Cottonmouth"), a wholly-owned subsidiary of Diamondback Energy, Inc. ("Diamondback") Verde Clean Fuels, Inc. ("Verde" or "the Company") (NASDAQ:VGAS) today reported results for the fourth quarter and full year 2024. "We continue to advance our plans to deploy our proprietary liquid fuels processing technology through the development of commercial production plants. During 2024, we signed a joint development agreement with Cottonmouth and began FEED

Cottonmouth purchases 12.5 million shares of Verde Class A common stock at a price of $4.00 per share Brings Cottonmouth's total investment in Verde to $70 million and makes Cottonmouth the second largest shareholder of Verde Proceeds from the investment are expected to be used to further the development and construction of potential natural gas-to-gasoline production plants and for other general corporate purposes In connection with the closing of the investment, Verde appoints a director designated by Cottonmouth to its Board of Directors Verde Clean Fuels, Inc. ("Verde" or, the "Company") (NASDAQ:VGAS) announced today the closing of the previously announced $50 million equit

Cottonmouth and Verde have entered into an agreement for a $50 million equity investment through the purchase of 12.5 million shares of Verde Class A common stock by Cottonmouth at a purchase price of $4.00 per share Closing of the investment is anticipated to occur during Q1 2025, subject to satisfaction of customary closing conditions Proceeds from the investment are expected to be used to further the development and construction of potential natural gas-to-gasoline production plants in the Permian Basin and for other general corporate purposes The investment would increase Cottonmouth's total investment in Verde to $70 million and Cottonmouth would become the second largest sha

Third Quarter 2024 and Subsequent Company Highlights Proceeding with front end engineering and design ("FEED") for proposed Permian Basin project with Diamondback Energy Announced appointment of Mr. George Burdette as Chief Financial Officer in October 2024 Verde Clean Fuels, Inc. ("Verde" or "the Company") (NASDAQ:VGAS) today reported results for third quarter 2024. "We remain focused on our plans to deploy our proprietary liquid fuels processing technology through the development of commercial production plants. During Q3 2024, we continued to progress the FEED for the proposed Permian Basin project with Diamondback, which could serve as a template for additional projects going

George Burdette joins Verde leadership team bringing more than 15 years of financial, commercial, corporate development, and investment management experience Verde Clean Fuels, Inc. ("Verde" or "the Company") (NASDAQ:VGAS) announces the appointment of George Burdette as Chief Financial Officer ("CFO"). "We are pleased to announce the appointment of George Burdette as CFO. George brings a wealth of experience and expertise in all aspects of finance and will be instrumental as we advance our plans to deploy our proprietary liquid fuels processing technology through the development of commercial production plants," said Ernie Miller, Verde's Chief Executive Officer. Mr. Burdette will be res

Verde Clean Fuels, Inc. ("Verde" or the "Company") (NASDAQ:VGAS), a renewable energy company focused on the development of commercial production facilities to convert syngas derived from diverse feedstocks into gasoline, today reported second quarter 2024 GAAP diluted net loss per share of $(0.14). The second quarter 2024 consolidated net loss was $2.8 million, of which $0.9 million was attributable to Verde. The second quarter net loss consists primarily of ongoing general and administrative and research and development expenses related to the Company's continuing focus on development of its first commercial facility based on Verde's proprietary STG+® technology which is designed to produc

Proposed project aims to utilize Verde Clean Fuels' proprietary STG+® process to convert natural gas from Diamondback Energy's Permian Basin operations into gasoline Verde Clean Fuels, Inc. ("Verde" or "the Company") (NASDAQ:VGAS), a renewable energy company focused on converting syngas derived from diverse feedstocks into gasoline, today announced that it has selected Chemex Global, LLC ("Chemex") as the contractor to spearhead the front-end engineering and design ("FEED") phase of the Company's previously announced joint development agreement ("JDA") with Cottonmouth Ventures, LLC, a subsidiary of Diamondback Energy (NASDAQ:FANG) for the proposed development, construction, and operation

Verde Clean Fuels, Inc. ("Verde") (NASDAQ:VGAS) today announced that the Company will participate in upcoming investor and industry events. Verde CEO Ernie Miller will participate in the UBS Decarbonization Conference on June 6, 2024 in New York City, where he will meet with investors. Mr. Miller also plans to participate in the e-Fuels Summit August 26-27, 2024 in Houston, TX. About Verde Clean Fuels, Inc. Verde Clean Fuels, Inc. is a renewable energy company focused on the development of commercial production plants to convert syngas, derived from diverse feedstocks including biomass or stranded or flared natural gas into gasoline through its innovative and proprietary liquid fuel

Verde Clean Fuels, Inc. ("Verde" or the "Company") (NASDAQ:VGAS), a renewable energy company focused on the development of commercial production facilities to convert syngas derived from diverse feedstocks into gasoline, today reported first quarter 2024 GAAP diluted net loss per share of $(0.13). The first quarter net loss consists of ongoing general and administrative and research and development expenses related to the Company's continuing focus on development of its first commercial facility based on Verde's proprietary STG+® technology which is designed to produce gasoline utilizing either stranded natural gas or waste feedstocks. Business Update Highlights Through May 14, 2024 Verd

Verde Clean Fuels' proprietary STG+® process could be utilized to turn carbon, captured directly from the air, and green hydrogen into methanol Verde Clean Fuels, Inc. (NASDAQ:VGAS) ("Verde" or the "Company"), a renewable energy company focused on the development of commercial production facilities to convert syngas derived from diverse feedstocks into gasoline, today announced that a consortium led by TDA Research, Inc. ("TDA"), and including Verde, has been awarded funding from the US Department of Energy (DOE) to complete a conceptual design study for a system having the potential of capturing and utilizing ambient CO2 to produce "green" methanol. Under the award, TDA will design a d