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Currently advising start-up companies in upstream oil and gas. Also working with bank / legal trust departments in managing minerals. With a balance of commercial and technical skills I have a “hands-on” approach to achieving goals and objectives in acquisitions, engineering, financing, development, production and divestments. Skilled in seeking, evaluating, assimilating and developing assets to maximize value.
Independent
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AdvisorIndependent 2020 - PresentHouston, Texas AreaProvide guidance to start up companies in the oil and gas upstream industry. Support bank / legal trust departments in managing royalty interest.
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AdvisorOsaka Gas Usa 2015 - 2020Osaka Gas USA ("OGUSA") is a wholly owned subsidiary of Osaka Gas Co. in Japan. OGUSA formed to expand Osaka Gas' presence in the United States. I provided business development counseling in acquiring natural gas production of on-shore gas assets located in TX, OK, LA, and AR. Arranged introductions and assessment of potential partnerships and acquisitions. In 2018 closed $145 million acquisition from Sabine Oil and Gas Corp. and in 2019 added to position by acquiring entire company for $610 million. -
Svp, Eagle Ford Asset Manager And CfoStonegate Production Company, Llc 2007 - 2015Houston, Texas AreaCo-founder as CFO established procedures and policies for start-up regarding finance, accounting, IT and human resources. Prepared business plan and budgets. Managed banking relationships, risk management, accounting, IT and office management. Prepared investment memorandums for entry into resource plays. Took on operations and built operating team, drilled and completed over 100 horizontal wells. Executed $400 million annual operating plan under budget and ahead of schedule. -
Sr. Vice President And CfoCdx Gas, Llc 2002 - 2006Dallas, TexasRecapitalize the company through term notes and private equity. Engineered the sale of the company to TCW Asset Management (and others) for $835 million. Managed operations, evaluations and development of projects in United States and Canada. Used probabilistic and deterministic methods in preparing company wide budget and planning. Responsible for banking relationships including reserve engineering and financing via senior secured revolving debt.
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Vice President, Asset ManagementDevx Energy, Inc. 1996 - 2001Dallas, TexasResponsibilities included field operations, acquisition evaluations, and reserve reports. Focused on developing and executing plans to maximize value of each asset - evaluating the contribution of each property to the corporate goals and determining the best course of action to maximize each property’s contribution. Completed 13 acquisitions in five years. Sold the company to Comstock Resources for $150 million.
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Executive Vice PresidentEcho Production, Inc. 1993 - 1995Graham, TexasIn charge of all operating assets in 5 states consisting of a gas plant, over 300 wells plus 4 waterflood projects producing in excess of 3 mboe per day. Maintained pipe yard, warehouse, roustabout crews, mechanics, haul trucks and rig-up trucks. Supervised all engineering – drilling, completion, production and reservoir.
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Operations ManagerTriad Energy Corporation 1982 - 1993Houston, TexasResponsible for all operating and engineering activities of firm as reserves increased 5 fold and assets increased 3 fold directing budget forecasting, analysis and business planning for an annual operating budget that increased 7 fold. Drilled and completed over 60 wells, enhanced waterflood operations, operated gas pressure maintenance projects in West Texas, Gulf Coast, Oklahoma and Kansas.
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Drilling EngineerBlocker Exploration Company 1980 - 1982Houston, TexasResponsible for preparing drilling and completion programs, budget information with a $40 million budget drilling over 70 wells from South Texas along the Gulf Coast to South Louisiana offshore; set up system for determining oil country tubular goods requirements.
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Field EngineerTexas Oil & Gas Corporation 1978 - 1980Palestine, TexasResponsible for evaluations, economics, drilling, completions, stimulation, recompletions, workovers and on-site supervision of operations.
Ed Butler Skills
Ed Butler Education Details
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B.S. In Petroleum Engineering -
Master Of Business Administration (M.B.A.)
Frequently Asked Questions about Ed Butler
What company does Ed Butler work for?
Ed Butler works for Independent
What is Ed Butler's role at the current company?
Ed Butler's current role is Advisor - Oil, Gas and Minerals.
What is Ed Butler's email address?
Ed Butler's email address is eb****@****ate.net
What is Ed Butler's direct phone number?
Ed Butler's direct phone number is +171360*****
What schools did Ed Butler attend?
Ed Butler attended Texas A&m University, The University Of Texas At Austin.
What skills is Ed Butler known for?
Ed Butler has skills like Petroleum, Energy Industry, Energy, Management, Gas, Strategic Planning, Contract Negotiation, Oil And Gas, Natural Gas, Negotiation, Leadership, Financial Analysis.
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