X0708 D/A LIVE 0002114080 MDS 2026-Shale Development, LP 603 STANWIX STREET SUITE 1750 PITTSBURGH PA PENNSYLVANIA 15222 855-807-0807 DELAWARE None None Limited Partnership true 2025 - MDS Energy Development, LLC 603 Stanwix Street, Suite 1750 Two Gateway Center Pittsburgh PA PENNSYLVANIA 15222 Executive Officer Director Promoter Managing General Partner of the Issuer Michael D. Snyder 603 Stanwix Street, Suite 1750 Two Gateway Center Pittsburgh PA PENNSYLVANIA 15222 Executive Officer Promoter CEO of the Managing General Partner Randall L. Morris 603 Stanwix Street, Suite 1750 Two Gateway Center Pittsburgh PA PENNSYLVANIA 15222 Executive Officer COO of the Managing General Partner Michael S. Knapp 603 Stanwix Street, Suite 1750 Two Gateway Center Pittsburgh PA PENNSYLVANIA 15222 Executive Officer President of the Managing General Partner Richard A. Saadeh 603 Stanwix Street, Suite 1750 Two Gateway Center Pittsburgh PA PENNSYLVANIA 15222 Executive Officer Executive VP of the Managing General Partner Woody W. Soemantoro 603 Stanwix Street, Suite 1750 Two Gateway Center Pittsburgh PA PENNSYLVANIA 15222 Executive Officer Executive VP of National Accounts and Due Diligence of the Managing General Partner Zachary J. Avi 603 Stanwix Street, Suite 1750 Two Gateway Center Pittsburgh PA PENNSYLVANIA 15222 Executive Officer Executive VP of Investments of the Managing General Partner Heather A. Rogerson 603 Stanwix Street, Suite 1750 Two Gateway Center Pittsburgh PA PENNSYLVANIA 15222 Executive Officer VP of Accounting and Secretary of the Managing General Partner Oil and Gas Decline to Disclose 06c true 0002114080-26-000006 2026-04-13 false true false 50000 Realta Equities, Inc. 23769 None None 1201 N. Orange Street Suite 729 Wilmington DE DELAWARE 19801 All States false KCD Financial, Inc. 127473 None None 3061 Allied Street Suite B Green Bay WI WISCONSIN 54304 All States false Ausdal Financial Partners, Inc. 7995 None None 5187 Utica Ridge Rd Davenport IA IOWA 52807 All States false MML Investors Services, LLC 10409 None None 1295 State Street Springfield MA MASSACHUSETTS 01111 All States false Colorado Financial Service Corporation 104343 None None 188 Inverness Drive West Suite 100 Centennial CO COLORADO 80112 All States false DAI Securities, LLC 36673 None None 2800 Century Parkway NE Suite 650 Atlanta GA GEORGIA 30345 AL ALABAMA AK ALASKA AZ ARIZONA AR ARKANSAS CA CALIFORNIA CO COLORADO CT CONNECTICUT DE DELAWARE DC DISTRICT OF COLUMBIA FL FLORIDA GA GEORGIA HI HAWAII ID IDAHO IL ILLINOIS IN INDIANA IA IOWA KS KANSAS KY KENTUCKY LA LOUISIANA ME MAINE MD MARYLAND MA MASSACHUSETTS MI MICHIGAN MN MINNESOTA MS MISSISSIPPI MO MISSOURI MT MONTANA NE NEBRASKA NV NEVADA NH NEW HAMPSHIRE NJ NEW JERSEY NM NEW MEXICO NY NEW YORK NC NORTH CAROLINA ND NORTH DAKOTA OH OHIO OK OKLAHOMA OR OREGON PA PENNSYLVANIA RI RHODE ISLAND SC SOUTH CAROLINA SD SOUTH DAKOTA TN TENNESSEE TX TEXAS UT UTAH VT VERMONT VA VIRGINIA WA WASHINGTON WV WEST VIRGINIA WI WISCONSIN WY WYOMING false Emerson Equity, LLC 130032 None None 155 Bovet Road Suite 725 San Mateo CA CALIFORNIA 94402 All States false Arete Wealth Management, LLC 44856 None None 1115 W Fulton Market 3rd Floor Chicao IL ILLINOIS 60607 All States false G.A. 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MICHIGAN MN MINNESOTA MO MISSOURI MT MONTANA NV NEVADA NH NEW HAMPSHIRE NJ NEW JERSEY NM NEW MEXICO NY NEW YORK NC NORTH CAROLINA OH OHIO OK OKLAHOMA OR OREGON PA PENNSYLVANIA SC SOUTH CAROLINA SD SOUTH DAKOTA TN TENNESSEE TX TEXAS UT UTAH VA VIRGINIA WA WASHINGTON WI WISCONSIN WY WYOMING false IBN Financial Services, Inc. 42360 None None 404 Old Liverpool Rd Liverpool NY NEW YORK 13088 AL ALABAMA AK ALASKA AZ ARIZONA AR ARKANSAS CA CALIFORNIA CO COLORADO CT CONNECTICUT DE DELAWARE DC DISTRICT OF COLUMBIA FL FLORIDA GA GEORGIA HI HAWAII ID IDAHO IL ILLINOIS IN INDIANA IA IOWA KS KANSAS KY KENTUCKY LA LOUISIANA ME MAINE MD MARYLAND MA MASSACHUSETTS MI MICHIGAN MN MINNESOTA MS MISSISSIPPI MO MISSOURI MT MONTANA NE NEBRASKA NV NEVADA NH NEW HAMPSHIRE NJ NEW JERSEY NM NEW MEXICO NY NEW YORK NC NORTH CAROLINA ND NORTH DAKOTA OH OHIO OK OKLAHOMA OR OREGON PA PENNSYLVANIA RI RHODE ISLAND SC SOUTH CAROLINA SD SOUTH DAKOTA TN TENNESSEE TX TEXAS UT UTAH VT VERMONT VA VIRGINIA WA WASHINGTON WV 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Greenwood Village CO COLORADO 80111 All States false Cetera Financial Specialists LLC 10358 None None 1450 American Lane 6th Floor Suite #650 Schaumburg IL ILLINOIS 60173 All States false Cetera Investment Services LLC 15340 None None 400 First St. S. Suite 300 St. Cloud MN MINNESOTA 56301 All States false Cetera Wealth Services LLC 13572 None None 2301 Rosecrans Ave #5100 El Segundo CA CALIFORNIA 90245 All States false Lincoln Investment Planning, LLC 519 None None 601 Office Center Drive Suite 300 Fort Washington PA PENNSYLVANIA 19034 All States false 200000000 119617035 80382965 The "Total Offering Amount" assumes the Dealer Manager does not exercise a Greenshoe option. If such option is exercised, the "Total Offering Amount" is $300,000,000. false 890 20000000 true 0 Assumes the maximum amount of offering proceeds are received, without the Dealer Manager exercising the Greenshoe option. 180000000 true Assumes the maximum offering proceeds are received, without the Dealer Manager exercising the Greenshoe option. Proceeds are paid to the Managing General Partner for use in the drilling, completion, and operation of the Issuer's wells. false MDS 2026-Shale Development, LP Michael D. Snyder Michael D. Snyder CEO of the Managing General Partner 2026-09-14