Board of Directors

Steven Gray

Chairman

Mr. Gray has served as a Director since September 2022 and as Chairman of the Board since January 2023. He served as Co-founder, Director, and Chief Executive Officer of RSP Permian Inc. from 2010 until its merger with Concho Resources in 2018. After the merger with Concho, he joined Concho’s Board of Directors and served until Concho was acquired by ConocoPhillips in 2021. Prior to forming RSP Permian, Mr. Gray founded several successful oil and gas ventures spanning nearly 20 years in partnerships with Natural Gas Partners, a Dallas, Texas based private equity firm. Before that Mr. Gray spent 11 years employed in the oil and gas industry in various capacities as a petroleum engineer.

Mr. Gray currently serves on the Board of Directors of Range Resources Corporation and the Texas Tech Foundation Advisory Board. He is a member of the Petroleum Engineering Academy and past member of the Dean’s Council for the College of Engineering at Texas Tech University where he received his Bachelor of Science degree in Petroleum Engineering.

Bio

Robert Anderson

Robert Anderson has served as a Director since November 2023. Previously, Mr. Anderson served as Chief Executive Officer of Earthstone Energy, Inc. from 2020 until it was acquired by Permian Resources in November 2023. He also previously held other roles at Earthstone, including President and Executive Vice President, Corporate Development and Engineering. Before joining Earthstone in 2014, Mr. Anderson held the role of Executive Vice President, Corporate Development and Engineering at Oak Valley Resources until the closing of its strategic combination with Earthstone in December 2014. He is a petroleum engineer with over 30 years of diversified domestic and international experience, and he held various other engineering roles of increasing responsibility for other major oil companies and independents prior to joining Oak Valley Resources in 2013.

Mr. Anderson has previously been on the board of Earthstone Energy, Inc. and a private E&P company with operations in Texas and Louisiana. He is currently an At-Large Director of the Independent Petroleum Association of America (IPAA). Mr. Anderson has a B.S. degree in Petroleum Engineering from the University of Wyoming and an MBA from the University of Denver.

Bio

Maire Baldwin

Ms. Baldwin has served as a Director since September 2022. Prior to that, she served as a Director for Centennial Resource Development from October 2016 to August 2022. Ms. Baldwin was previously employed as an Advisor to EOG from March 2015 until April 2016. Prior to that, she was employed at EOG as Vice President of Investor Relations from 1996 to 2014. Ms. Baldwin has served as a director of the Houston Parks Board since 2011, a non-profit dedicated to developing parks and green space to the greater Houston area where she serves on several committees. She is co-founder of Pursuit, a non-profit dedicated to raising funds and awareness of adults with intellectual and developmental disabilities. Ms. Baldwin has an MBA from the University of Texas at Austin and a B.A. in Economics from the University of Texas at Austin.

Bio

Frost Cochran

Mr. Cochran has served as a director since November 2023 and had previously served as a director of Earthstone Energy, Inc. since April 2022 until it was acquired by Permian Resources in November 2023. He is a Managing Director and founding partner of Post Oak Energy Capital, LP (“Post Oak”), a Houston based investor in oil & gas operating companies, minerals, related midstream infrastructure and services. Prior to founding Post Oak, Mr. Cochran served as the President of the holding company of Belden & Blake which held operating interests in oil and gas properties and related infrastructure in the Appalachian basin. In 2002, he co-founded and served as President of Signal Hill Power, a merchant power owner operator in the Texas ERCOT market. Mr. Cochran served as a Managing Director of Torch Energy from 1998 until March 2002, Managing Director and Partner at Energy Asset Management LLC from 1996 through 1998, Vice President of Enron Development Corporation from 1993 until 1996, as Project Finance Manager at Destec Energy Inc., a subsidiary of The Dow Chemical Company, from 1991 until 1993 and with Kemper Securities Group from 1989 until 1991.

Mr. Cochran serves on the boards of several Post Oak portfolio companies in the upstream, midstream and services sectors of the energy industry and is a member of Post Oak’s investment committee. Mr. Cochran is a member of the Independent Petroleum Association of America and the Texas Independent Producers and Royalty Owners. Mr. Cochran received a M.B.A. from the University of Texas at Austin and a B.B.A. from the University of Mississippi.

Bio

Karan Eves

Ms. Eves has served as a Director since September 2022. She is the Chief Operating Officer of Boaz Energy II, LLC, which she co-founded in 2013. In 2011 she founded Boaz Energy, LLC and served as the company’s Chief Executive Officer. In 2010, Ms. Eves founded Markar Energy Company, an independent engineering consulting firm, and served as its Chief Executive Officer until 2011. Ms. Eves began her career at Merit Energy Company in 2004 and held various roles over her six years with the company, including serving as the Interim Division Manager for Merit’s East Rockies Division. She has served in numerous volunteer roles in her community including Trinity School TCA President, Sustainer of the Junior League of Midland and Sunday School Teacher, and she sits on the finance committee for several nonprofit organizations in Midland. Ms. Eves graduated from Texas Tech University with a Bachelor of Science in Petroleum Engineering.

Bio

Will Hickey

Mr. Hickey has served as our Co-Chief Executive Officer and a Director since September 2022. Prior to that, he co-founded Colgate Energy with Mr. Walter in 2015 and served as Colgate’s President & Co-Chief Executive Officer and a member of Colgate’s Board of Managers. Prior to the formation of Colgate, Mr. Hickey worked for the energy private equity firm EnCap Investments where he evaluated and monitored investments across the oil and gas space with a focus on the Permian Basin. Prior to that, Mr. Hickey worked for Pioneer Natural Resources where he rotated through numerous engineering positions including Chief of Staff to the Chief Operating Officer. Mr. Hickey received his Bachelor of Science in Petroleum Engineering from the University of Texas at Austin. Mr. Hickey also holds a Masters of Business Administration from Southern Methodist University.

Bio

Aron Marquez

Mr. Marquez has served as a Director since September 2022. He is the Chief Executive Officer of Wildcat Oil Tools, LLC, an international oil field services and technology company, which he founded in 2012. In 2009, Mr. Marquez founded St. Andrews Royalties LLC, an oil and gas royalty company, for which he serves as President. Prior to founding these companies, Mr. Marquez held various roles from 2004 to 2009 at Nabors Industries, including District Manager overseeing the company’s well servicing operations in West Texas and New Mexico. In 2019, Mr. Marquez founded Flecha Azul Tequila LLC, a premium tequila company, and continues to be active in the company’s management following its expansion through a joint venture with industry professionals in 2021. Mr. Marquez also serves as Chief Executive Officer of Black Quail Apparel LLC, a company that manufactures and sells premium golfing and leisure apparel, and co-founder of Ombré Men, an innovative men’s skincare company. He serves on the Board of Directors for the First Tee of West Texas and previously served on the Midland Community Hospital Advisors Board, the Midland YMCA Board and the United Way of Odessa Board. Mr. Marquez graduated from the University of Oklahoma with a Bachelor of Arts in Organization Leadership.

Bio

William Quinn

Mr. Quinn has served as a Director since September 2022. He is a Founder and Managing Partner of Pearl Energy Investments (“Pearl”). Prior to founding Pearl in 2015, Mr. Quinn served as Managing Partner of Natural Gas Partners (“NGP”). In his capacity as Managing Partner, he co-managed NGP’s investment portfolio and played an active role in the full range of NGP’s investment process. Mr. Quinn received a B.S.E. in Finance, with honors, from the Wharton School of the University of Pennsylvania and an M.B.A. from the Stanford University Graduate School of Business.

Bio

Jeffrey Tepper

Mr. Tepper has served as a Director since September 2022. Prior to that, he served as a Director for Centennial Resource Development from October 2016 to August 2022. Mr. Tepper is founder of JHT Advisors LLC, an M&A advisory and investment firm. From 1990 to 2013, Mr. Tepper served in a variety of senior management and operating roles at the investment bank Gleacher & Company, Inc. and its predecessors and affiliates, where he was Head of Investment Banking and a member of the Firm’s Management Committee. As Gleacher’s former Chief Operating Officer, he also oversaw operations, compliance, technology and financial reporting. In 2001, Mr. Tepper co-founded Gleacher’s asset management activities and served as President. Gleacher managed over $1 billion of institutional capital in the mezzanine capital and hedge fund areas. Mr. Tepper served on the Investment Committees of Gleacher Mezzanine and Gleacher Fund Advisors. Between 1987 and 1990, Mr. Tepper was employed by Morgan Stanley & Co. as a financial analyst in the mergers & acquisitions and merchant banking departments. In addition, Mr. Tepper serves, or has served, as a Director of the following companies, Decarbonization Plus Acquisition Corporation IV (since 2021), Decarbonization Plus Acquisition Corporation III (2021), Decarbonization Plus Acquisition Corp (2020 – July 2021), Decarbonization Plus Acquisition Corporation II (2020 – 2022), and Alta Mesa Resources, Inc. (2017 – 2020). Mr. Tepper graduated from Columbia Business School with a Masters in Business Administration and holds a Bachelor of Science in Economics from The Wharton School of the University of Pennsylvania with concentrations in finance and accounting.

Bio

Robert Tichio

Mr. Tichio has served as a Director since September 2022. Prior to that, he served as a Director for Centennial Resource Development from October 2016 to August 2022. Mr. Tichio is the CEO of Fortescue Capital and was previously with Riverstone Holdings from 2006 through 2023, where he was most recently Partner. Prior to joining Riverstone, Mr. Tichio was in the Principal Investment Area of Goldman Sachs, which manages the firm’s private corporate equity investments. Mr. Tichio began his career at J.P. Morgan in the Mergers & Acquisitions group where he concentrated on assignments that included public company combinations, asset sales, takeover defenses and leveraged buyouts. Mr. Tichio serves on the board of directors of Agriculture & Natural Solutions Acquisition Corporation (ANSC), as well as other private companies. Mr. Tichio graduated from Harvard University with a Master of Business Administration from Harvard University and holds a Bachelor of Arts degree from Dartmouth College.

Bio

James Walter

Mr. Walter has served as our Co-Chief Executive Officer and a Director since September 2022. Prior to that, he co-founded Colgate Energy with Mr. Hickey in 2015 and served as Colgate’s President & Co-Chief Executive Officer and as a member of Colgate’s Board of Managers. Prior to the formation of Colgate, Mr. Walter worked for the energy private equity firm Denham Capital where he evaluated and monitored investments across the oil and gas space with a focus on the Permian Basin. Prior to that, Mr. Walter worked for Boston Consulting Group, primarily focusing on evaluating upstream assets for leading exploration and production companies. Mr. Walter received his Bachelor of Arts in the Plan II Honors Program and a Bachelor of Business Administration in Finance from the University of Texas at Austin.

Bio