CEO AND MANAGING PARTNER
Mr. Blackwell brings with him over 12 years of energy experience and 20 plus years of executive level experience.
During his tenure as President of Petromax Operating Steve oversaw the deployment of over $100 million of investor capital into 3 operated fields where they leased over 86,000 net mineral acres and drilled 39 horizontal wells.
Additionally, he oversaw the divestment process of the assets for just under $900 million with an average rate of return of 370%. In his role as Chief Operating Officer at US Energy Development he oversaw the deployment of over $100 million of investor capital into drilling 29 wells in the companies Eagle Ford shale asset. In his time at the company he was able to decrease the costs per well by 25%, increase the average EUR’s by 5% and increase the ROI.
Steve holds a BS in Business Admin., Finance & Accounting from Central Michigan University
PRESIDENT AND MANAGING PARTNER
Jared has been responsible for deploying approx. $5 Billion in CapEx and brings 15 years of experience in the energy industry.
Jared previously served as COO at US Energy Development and VP of Operations at Petromax Operating. Additionally, he has served in various operational and engineering roles with Encana and Unit Petroleum.
Jared holds a BS in Mechanical Engineering from University of Tulsa.