Leadership – Page 2 – Oil & Gas 360

Baker Botts Names New Partners-in-Charge in Houston, New York City

April 1, 2019

Baker Botts announced some leadership changes at the law firm’s key offices coinciding with John Martin’s appointment as the firm’s managing prtner, which became effective today. In the energy space, Rebeca Huddle became partner-in-charge of the firm’s Houston office. A former Justice on the Texas Court of Appeals for the First District, Huddle’s practice focuses on complex commercial litigation. Rebeca

Prophetic: “Time is Up for Management, Change is Needed Now”

February 25, 2019

On Feb. 4, New York private investment firm Fir Tree Partners issued an open letter to Halcon Resources (stock ticker: HK, $HK) demanding a management change and the installation of two directors to lead the immediate pursuit to sell the company for cash or stock. “Given management’s unwillingness or inability to take the necessary actions to increase shareholder value, Fir

EQT Announces Leadership Changes

October 26, 2018

EQT Announces Leadership Changes

API Names New President and CEO

May 2, 2018

Mike Sommers will be the new president and CEO of the American Petroleum Institute, following an election this afternoon by API’s board. Sommers brings two decades of political experience to API, including his current role as president and CEO of the American Investment Council. Sommers will succeed Jack Gerard, who said earlier this year that he will step down this

Russia's May oil output hits 11-month low on dirty oil crisis - Oil & Gas 360

Add Salt Creek Midstream to the Delaware Basin

April 16, 2018

Ares Management, L.P. (ticker ARES) and ARM Energy Holdings, LLC have partnered up to develop Salt Creek Midstream, LLC in the Delaware Basin. The company is owned by funds managed by the Ares Private Equity Group and ARM Energy. ARM Midstream Management, LLC, a subsidiary of ARM Energy, will serve as operator of the project. 260 MMcf/d of expandable processing

EIG’s FS Energy and Power Fund – at $4.3 Billion – is Largest Energy BDC

April 9, 2018

FS Investments (FS) and EIG Global Energy Partners (EIG) closed a transaction today, allowing EIG to manage FS Energy and Power Fund (FSEP). According to the company’s press release, FSEP will be the largest energy-focused business development company (BDC) in the marketplace with $4.3 billion in assets under management. “We are excited to enter the next phase of our partnership

Apache Names TPH Alum as Head of Planning and Energy Fundamentals

March 6, 2018

Apache Corporation (ticker: APA) has named David Pursell as SVP of planning and energy fundamentals, effective March 12, 2018. “I am pleased to welcome Dave to Apache’s executive management team. Dave’s skills, expertise and capabilities will further enhance our robust internal planning processes and assist in the execution of our long-term profitable growth strategy,” said John J. Christmann IV, Apache’s

Southwestern Energy Makes Senior Leadership Changes

February 26, 2018

Southwestern Energy Company (ticker: SWN) said that Julian Bott is joining the company as EVP and will become CFO on March 5, 2018. Jennifer Stewart, who has served as CFO on an interim basis, will become SVP of government and regulatory affairs. The company also said that it has named Michael Hancock as VP of financial planning and analysis. This

EQT Splits Upstream and Midstream Businesses

February 21, 2018

Tax-free separation creates two Appalachian-based energy companies EQT Corporation (ticker: EQT) has approved a plan to separate its upstream and midstream businesses, creating a standalone publicly traded corporation (NewCo) that will focus on midstream operations. The separation is intended to qualify as tax-free to EQT shareholders for U.S. federal income tax purposes, and is expected to be completed by the

Securing the Highest Quality Executive Leadership is the Primary Focus of Preng & Associates

February 12, 2018

Resulting from an aging and talent-strained work force, today’s oil and gas companies that require a search for exceptionally qualified senior executives and directors, must have a search led by recruiters with global resources and networks, a deep understanding of the specific requirements, and the reputation to engage and attract the best management and boardroom talent. Preng & Associates, Inc.

Laredo Petroleum Announces Management Moves

February 7, 2018

Laredo Petroleum, Inc. (ticker: LPI) announced this week that Patrick J. Curth, senior VP of exploration and land, will transition to a senior advisor role in anticipation of his retirement in March 2019. VP of Exploration and Geosciences Technology James R. Courtier, VP of Reservoir Engineering Jason R. Greenwald and VP of Land Mark H. Elliott will jointly assume leadership

Double Eagle III’s Wingspan Covers $1 Billion

February 6, 2018

Double Eagle Energy Holdings III announced that inclusive of a recent capital raise, the company has secured equity commitments of more than $1 billion. The equity commitments are anchored through funds managed by affiliates of Apollo Global Management, LLC (ticker: APO). Double Eagle’s equity commitments will support the company’s ongoing acquisition and development initiatives in the Permian Basin and will

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