Spencer Kimball, government relations manager for 4 Point Resources, introduced the company’s recent Uinta Basin acquisition and operational plans, telling the meeting the firm now operates roughly 900 gross locations and reported about 33,000 BOE per day as a current production snapshot. He said 4 Point is backed by approximately $2 billion in private-equity investment and has increased active rigs from one to two since the acquisition.

Kimball emphasized tribal relationships, noting roughly half of some leaseholds contain tribal or allotted minerals and that 4 Point holds monthly coordination meetings with tribal energy staff and federal agencies on communitization agreements and revenue flows. He announced community investments including scholarships, with half reserved for tribal members or descendants.

On market access, Kimball said 4 Point has partnered with Energy Transfer to expand capacity at the Price River Terminal (PRT) in Wellington, Carbon County. The planned upgrades described include a new continuous-loop rail track, nine new rail loading arms, four offload lanes and substantially expanded heated-tank storage; Energy Transfer is working through permitting, and Kimball said the expansion could be completed in roughly 18 months if permitting proceeds smoothly.

Kimball also discussed policy priorities: a Flow Partners study that models basin development potential under accelerated permitting, the need for more federal permitting capacity (BLM, BIA) for higher-development scenarios, and ongoing work on respacing/spacing and bonding rules with the state. He urged engagement with legislators about potential tax proposals that could affect basin investment.