Houston’s Preng & Associates began recruiting board members, senior executives and critical talent across the energy value chain in 1980.

In that time, the company has conducted more than 3,300 engagements for over 680 clients in 63 countries in upstream, midstream, downstream, oilfield services and equipment, natural resources, engineering, water management, power and utilities and the consulting/financial sectors.

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David Preng, Founder and President of Preng & Associates

David Preng, President and Founder of Preng & Associates, told Oil & Gas 360® that the secret to making a successful match boils down to three key functions:

  • Dig deeply into an individual’s background for capability;
  • Uncover and understand the key issues in the candidate’s life that need to be crossed before we can get to “YES”;
  • Do a thorough assessment for “chemistry” to ensure the individual will fit into our client’s culture.

“Our expertise comes from knowing where to contact prospective candidates, understanding where they are in their career cycle, creating interest, starting the process and ensuring it is brought to a timely and successful conclusion,” Preng told Oil & Gas 360®.

In an interview last week with Fox Business News, David Preng said that the low oil prices will spur demand due to oil’s affordability, and no matter the pressure or surplus in the global oil economy, demand will always remain. Preng said today’s oil and gas executive has to have the vision and understanding of more unconventional plays within the industry’s fast moving landscape.

“The world is forecasted to need 120 million barrels per day by 2030. We’re going to need this extra production that we’ve developed from the use of our technology,” Preng told Fox Business.

Preng’s New Website Allows Candidates to Create a Custom Database

Preng & Associates recently launched a new website, www.preng.com, created by EnerCom, Inc., that allows executive candidates to create and update their own unique database within the Preng search organization.

Important disclosures: The information provided herein is believed to be reliable; however, EnerCom, Inc. makes no representation or warranty as to its completeness or accuracy. EnerCom’s conclusions are based upon information gathered from sources deemed to be reliable. This note is not intended as an offer or solicitation for the purchase or sale of any security or financial instrument of any company mentioned in this note. This note was prepared for general circulation and does not provide investment recommendations specific to individual investors. All readers of the note must make their own investment decisions based upon their specific investment objectives and financial situation utilizing their own financial advisors as they deem necessary. Investors should consider a company’s entire financial and operational structure in making any investment decisions. Past performance of any company discussed in this note should not be taken as an indication or guarantee of future results. EnerCom is a multi-disciplined management consulting services firm that regularly intends to seek business, or currently may be undertaking business, with companies covered on Oil & Gas 360®, and thereby seeks to receive compensation from these companies for its services. In addition, EnerCom, or its principals or employees, may have an economic interest in any of these companies. As a result, readers of EnerCom’s Oil & Gas 360® should be aware that the firm may have a conflict of interest that could affect the objectivity of this note. The company or companies covered in this note did not review the note prior to publication. EnerCom, or its principals or employees, may have an economic interest in any of the companies covered in this report or on Oil & Gas 360®. As a result, readers of EnerCom’s reports or Oil & Gas 360® should be aware that the firm may have a conflict of interest that could affect the objectivity of this report.


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