Members of the executive team behind RSP Permian are back following the former Dallas-based E&P’s $9.5 billion merger last year with Concho Resources Inc.
Former RSP Permian executives Scott McNeill, Jim Mutrie and Josh Rosinski have organized a new blank check company named Switchback Energy Acquisition Corp. with backing from Natural Gas Partners LP.
On May 28, the blank-check company, also known as a special acquisition company or a SPAC, confidentially filed a S-1 with the U.S. Securities and Exchange Commission (SEC). Confidential S-1s are traditionally used by companies planning on going public to register their securities with the SEC.
Switchback’s IPO is expected to commence after the SEC completes its review process, subject to market and other conditions, according to a company press release.
At RSP Permian, McNeill served as CFO and a member of the company board since its formation. Prior to joining RSP in 2013, he spent 15 years as an investment banker advising a wide spectrum of companies operating in the energy industry.
RELATED: Concho To Acquire RSP Permian In $9.5 Billion Merger
Mutrie formerly served as RSP Permian’s vice president, general counsel and corporate secretary. Rosinski previously served as vice president of engineering at RSP Permian, according to his profile on LinkedIn.
Emily Patsy can be reached at epatsy@hartenergy.com.
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