Frank Willoughby Email and Phone Number
As a seasoned Chief Financial Officer with over 36 years of experience, I have a proven track record of driving business growth and maximizing revenue across various sectors. My expertise lies in transforming startups into highly reputable and profitable entities, through strategic balance sheet structuring and capital deployment.I excel at identifying new revenue opportunities and delivering comprehensive financial oversight that aligns with operational priorities and strategic goals. My top-down approach ensures that financial strategies support overall business objectives while fostering strong, successful relationships with internal teams and external partners.With a commitment to enhancing financial growth and profitability, I bring expert management and strategic leadership to every role. My ability to adapt and excel in small, dynamic environments highlights my versatility and dedication to driving success.
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Chief Financial OfficerVerde Co2 2020 - PresentAs a member of the executive leadership team, I played a crucial role in establishing and expanding a groundbreaking company in the carbon capture and storage (CCS) sector, transitioning from my previous role directing an oil exploration and production company. Moreover, I manage the finance and accounting functions, oversee major business priorities, and drive growth through CCS research and financial modelling. I work closely with Verde’s executive team to secure contracts and sequestration leases from key partners.Among my notable achievements, I:- Collaborated with Verde’s executive team to identify and develop key CCS market ventures, ensuring future profitability and financial viability.- Helped secured a $250M capital commitment, leading to the advancement of two successful CCS projects in Texas and Louisiana, including the acquisition and establishment of major CO2 injection leases. -
Chief Financial OfficerThrone Petroleum Resources 2016 - 2020Houston, Texas, UsAs a founding partner of Throne II, I led the financial efforts of company's entry into unconventional oil and gas exploration. Working closely with the executive team, I helped conduct a thorough assessment of the Permian Basin to identify high-revenue potential assets. Furthermore, I leveraged my network and business expertise to help Throne break into the market and secure over $80M in equity capital. With this funding, Throne acquired oil and gas leases, producing properties, and established well drilling and extraction operations.Among my notable achievements, I:- Managed the financial acquisition of 200 wells in the Permian Basin, using advanced technology to assess risk and diversify extraction sites, reducing production risks.- Streamlined operations by integrating new oil and gas accounting software, leading to cost savings by eliminating the need for external resources.- Negotiated vendor rate reductions by nearly 50% in 2020.- Supported team development by facilitating participation in COPAS events, enhancing collaboration, skills, and growth. -
Chairman & Ceo/CfoShoreline Energy Llc 2006 - 2016With three partners, I founded and led Shoreline Energy, where we secured an initial capital investment of $20M. I oversaw the acquisition of 10 producing properties for well development and drilling, expanded capital, and grew initial equity to $50M. Under my leadership, the company became one of South Louisiana's largest oil and gas producers, reaching production levels of up to 5,000 barrels of oil equivalent (BOE) per day.Among my notable achievements, I:- Led acquisitions across South Louisiana, driving significant growth in production and reserves.
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Chief Financial OfficerMarlin Energy Llc 2003 - 2006I co-founded the company with an initial investment of $30M, driving expansion to over 24 fields through key acquisitions.I helped drive efforts to achieve a production rate of 10,000 BOEPD and grew PV10 proved reserves to $400M. Additionally, I managed all financial functions, including facilitating capital raising and strategic financial planning.Among my notable achievements, I:- Helped boost equity development from $30M to $220M and was instrumental in Marlin’s sale to Energy XXI for $421M, achieving a 3.5x MOIC and over 70% IRR.-Collaborated with banks to implement a 3-year hedging strategy, reducing production and financial risks, and regularly advised the board on investment strategies to enhance revenue and lower costs.
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Multiple Financial Positions (Corporate Officer, Controller, Treasurer & Vp Of Planning)Ocean Energy Inc. 1992 - 2003Since 1992, I advanced through several financial roles within the company, managing key functions including financial analysis, modeling, and quarterly/annual reporting. I played a significant role in establishing, expanding, and steering the company through its IPO process and successful mergers until its sale in 2003.
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Senior AccountantFreeport-Mcmoran 1992 - 1993Phoenix, Az, Us -
Senior AccountantBp 1990 - 1992London, England, Gb -
Senior AccountantPeat, Marwick Main & Co. 1990 - 1990
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AccountantPeat, Marwick Main & Co. 1988 - 1990
Frank Willoughby Education Details
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Louisiana State UniversityAccounting
Frequently Asked Questions about Frank Willoughby
What company does Frank Willoughby work for?
Frank Willoughby works for Verde Co2
What is Frank Willoughby's role at the current company?
Frank Willoughby's current role is Chief Financial Officer | Visionary Leader in Business Growth & Revenue Optimization.
What schools did Frank Willoughby attend?
Frank Willoughby attended Louisiana State University.
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