Ambyint, the leader in AI-powered production and artificial lift optimization, has appointed Blake McLean to its executive leadership team as CFO. He is an oil and gas industry veteran with nearly 20 years of experience in finance, strategy, and innovation.
McLean will oversee the overall financial strategy within Ambyint, helping the organization extend its suite of optimization solutions across all wells and artificial lift systems. His background includes 14 years at industry-leading energy investment bank Simmons & Company International and three years at independent natural gas producer EQT Corp., most recently as senior vice president of investor relations and strategy.
“Blake’s depth of knowledge in the oil and gas financial sector is an excellent addition to our team,” Alex Robart, CEO of Ambyint, said. “During this time of rapid growth, it’s essential that we have industry veterans who can play a central role in driving our market expansion strategy and ultimately allow customers to increase margins through production optimization. I have no doubt that Blake will provide a strong hand in helping Ambyint continue its upward trajectory.”
Earlier this month, Ambyint announced it secured a $15 million Series B funding round led by Cottonwood Venture Partners with additional investment from Mercury Fund and Ambyint’s management team.
Recommended Reading
Triangle Energy, JV Set to Drill in North Perth Basin
2024-04-18 - The Booth-1 prospect is planned to be the first well in the joint venture’s —Triangle Energy, Strike Energy and New Zealand Oil and Gas — upcoming drilling campaign.
TotalEnergies Cements Oman Partnership with Marsa LNG Project
2024-04-22 - Marsa LNG is expected to start production by first quarter 2028 with TotalEnergies holding 80% interest in the project and Oman National Oil Co. holding 20%.
Is Double Eagle IV the Most Coveted PE-backed Permian E&P Left?
2024-04-22 - Double Eagle IV is quietly adding leases and drilling new oil wells in core parts of the Midland Basin. After a historic run of corporate consolidation, is it the most attractive private equity-backed E&P still standing in the Permian Basin?
TotalEnergies to Acquire Remaining 50% of SapuraOMV
2024-04-22 - TotalEnergies is acquiring the remaining 50% interest of upstream gas operator SapuraOMV, bringing the French company's tab to more than $1.4 billion.
EIG’s MidOcean Closes Purchase of 20% Stake in Peru LNG
2024-04-23 - MidOcean Energy’s deal for SK Earthon’s Peru LNG follows a March deal to purchase Tokyo Gas’ LNG interests in Australia.