Caleb Powell

Cholla Inc.

Founded by L.W. "Slim" Powell in 1957, Cholla Inc. is a private exploration, development, and investment company. Over 60+ years, Cholla Inc. has developed into an entrepreneurial organization that leverages its operating capabilities and venture mindset(wildcatter roots) to create long-term value within three business units: oil & gas exploration "Cholla Petroleum", Bitcoin mining Loadcenter & grid infrastructure "Cholla Energy", and energy venture capital "Cholla Ventures". We are a team of innovators, engineers, explorationists, operators, bitcoiners, and business professionals unified in our commitment to developing energy resources that are transformational and environmentally responsible. We understand the unique capabilities required in greenfield development and have decades of experience taking ideas to fruition. We have a steadfast conviction that the greatest value is created for society, companies, and individuals when bottom-up innovation is respected, fostered, and encouraged. Cholla has established a proven track record of grit, perseverance, creative problem-solving, and dynamic thinking to achieve long-term value creation for our company and its stakeholders. Our Vision: We aim to leverage our venture mindset and operating capabilities to be the partner of choice in the discovery and development of energy resources that are transformational and environmentally responsible. Company Quote: "The ultimate resource is people - especially skilled, spirited, and hopeful people endowed with 🗽- who will exert their wills and imaginations for their own benefit and inevitably benefit the rest of us as well." - Julian Simon