Matt Blomstedt is the business development point person at Sabine, seeing new deals through to the end; he facilitates information sharing, proposals, negotiations and deal closings. “It’s far and away a team effort, but my job is to keep everything moving.” Prior to Sabine, he worked as landman for SandRidge Energy Inc. and Shell.
Accomplishments: Played a large role in helping Sabine transform as a company through four acquisitions and joint ventures, three in South Texas and one in the Panhandle, last year. Holds a BA in economics from Texas State University and graduated with his MBA from the University of Texas in May. Has been published in Landman
Magazine. While at Shell, volunteered for Habitat for Humanity in New Orleans after Hurricane Katrina.
On dealmaking: “I think the key when you have multiple balls in the air is to stay focused on your goal and also try to understand what the other side is trying to accomplish. Because each seller has something else, something different that they’re looking for, and has a different personality.”
Goals: Long-term, sees himself raising capital with like-minded individuals and starting an E&P company to “look for value where others don’t see it.” For the time being, though, “I’m young, I’m still learning, and I love what I’m doing here.”
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