Silverback
Exploration II, LLC (Silverback) announced today the addition of
Matthew Alley to its senior leadership team as chief financial officer.
Alley brings more than 15 years of corporate and energy finance and
investment experience to the Silverback team. In his new role, Alley is
responsible for all financial functions of the company including
structuring potential transactions, financial modeling and analysis,
budgeting and reporting, and strategic planning.
“We are very pleased to have Matthew Alley, a seasoned energy finance
professional, join our team,” said Silverback’s chief executive officer,
Stephen Lipari. “I have worked with Matthew in the past and can
personally attest to his professionalism and expertise in managing the
finance functions of a growing business. I am confident that Matthew’s
experience and business acumen will be a successful addition to the
Silverback team.”
Prior to Silverback, Alley spent two years as chief financial officer
and vice president of finance with Palomar Natural Resources, an oil and
gas operator with assets in the United States and Poland. Additionally,
Alley was manager of corporate finance at Aspect Energy, an independent
energy exploration and investment company, where he focused on corporate
and financial matters relating to projects in the Gulf Coast and
multiple unconventional basins in the United States, as well as
international projects in Hungary, Kurdistan and Italy. Alley’s
responsibilities at Aspect included leading the corporate finance team
focused on financial planning and analysis, corporate finance modeling
and transaction execution, preparation of project economics, hedging,
treasury and cash management and shareholder and management reporting.
Prior to Aspect, Alley was a project manager at Gerbig Management and an
investment analyst at Quellos Private Capital Markets.
Alley holds a Bachelor of Science degree in economics and computer
science from the University of Puget Sound.
About Silverback Exploration II
Silverback Exploration II is an independent oil and natural gas
exploration company based in San Antonio. The company is led by Chief
Executive Officer Stephen Lipari, Chief Commercial Officer David Frye,
Chief Exploration Officer Jon Conaway and Chief Financial Officer
Matthew Alley. George M. Young Jr. and Ted Collins Jr. serve as
nonexecutive advisers. Silverback II is backed by a $500 million equity
commitment from EnCap Investments L.P. For more information, please
visit www.silverbackexp.com.
About EnCap Investments L.P.
Since 1988, EnCap Investments has been the leading provider of venture
capital to the independent sector of the U.S. oil and gas industry. The
firm has raised 20 institutional oil and gas investment funds totaling
approximately $33 billion and currently manages capital on behalf of
more than 350 U.S. and international investors. For more information,
please visit www.encapinvestments.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171017005607/en/
Copyright Business Wire 2017
Source: Business Wire
(October 17, 2017 - 9:00 AM EDT)
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