Effectively managed the startup of MBI’s A&D efforts, beginning in 2012. With the successful closing of the initial 10 deals under his belt, he then assembled MBI’s A&D technical team with a focus to deploy $1 billion in capital over a three-year period.
Prior to joining MBI, worked at Encana’s Denver office where discipline rotations rounded out his petroleum engineering experience, leading to a role in asset management.
“I was attracted to a big picture role because you have to understand inputs from each professional group on a team. You can’t value an entire asset without understanding all the pieces in place.”
Earned a BS in petroleum engineering from the Colorado School of Mines and is a licensed petroleum engineer.
Accomplishments: Evaluated over 100 assets in the past two to three years ranging up to $400 million, mostly in the Williston Basin. Led the divestment of MBI’s nonoperated acreage followed by the acquisition of an operated position in the Powder River Basin.
“I came on board as a one-man shop and was given the opportunity to grow my team with support of MBI management and Jim Arthaud. With MBI’s long history of industry experience and connections, coupled with strong financial partners, we’re taking next steps into an operated position along with continued A&D efforts.” Through his A&D efforts, a strong relationship has been built with a private-equity firm, which formed a business around MBI’s divestments.
Advice to young professionals: “There was a clear thing that helped me get to where I am and something I still utilize-- take on as much as you can and don’t be quick to say ‘no.’ You might find yourself in positions where you are working on something that doesn’t fit your role, but you will learn so much.”
Goals: “To strike while the iron is hot and improve on efficiencies to keep up with deal flow."
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