I’m a business-savvy strategist with extensive experience driving growth and profitability for Fortune 500 companies across a range of industries. My passion lies in turning high-level corporate goals into tangible, profitable outcomes.With a knack for strategy, I excel at leading high-stakes investment projects and advancing corporate objectives. I have a solid background in managing significant capital deployments and acquiring vital seismic and geological data to boost prospect evaluations and enhance company asset portfolios.Negotiating key agreements and navigating complex regulatory environments is my forte, and I consistently deliver projects that enhance shareholder value. I'm skilled in crafting and implementing sales and marketing strategies that drive business success.Building strong partnerships, launching growth initiatives, and improving organizational efficiency are key aspects of my approach. Leading cross-functional teams to deliver projects on time and within budget, even in fast-paced environments, is where I thrive.
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Principal Managing PartnerPetrolex Investments, LlcLafayette, La, Us -
Managing PartnerPetrolex Investments, Llc 2012Lafayette, Louisiana Area🔷Petrolex Investments, LLC | Lafayette, LA / Houston, TX 2013– 2022During this tenure, I maximized revenue streams and expanded market presence by identifying and cultivating high-value prospects worldwide. In ensured optimal business performance by leading negotiations for seismic acquisitions, drilling recompletions, pipeline rights-of-way, and regulatory and mineral leasing agreements. I optimized resource allocation and project profitability by providing strategic counsel to executives on Authorization for Expenditure (AFE) decisions.Some of my key contributions during this role included:• Promoted informed decision-making by guiding reserve-resource assessments.• Fostered strategic partnerships and business growth by securing funding for upstream drilling ventures.• Directed allocation of $19.5M in capital expenditures, ensuring efficient resource utilization and maximizing return on investment.• Achieved significant revenue generation opportunities by directing assembly of 40,000-acre lease block, positioning it as North America's premier natural gas prospect.• Enhanced company's competitive advantage and long-term sustainability by obtaining state's second ultra-deep natural gas unit.• Provided valuable insights for future exploration and development initiatives by conducting comprehensive 4,000-square-mile magnetic gravity study and basin analysis.• Minimized exploration risks by managing acquisition and analysis of over 400 square miles of 3D seismic data.• Improved business productivity by steering planning and execution of stage-gated capital deployments totaling approximately $19.5M for Fortune 500 company. -
Chief Technology OfficerHolleman & Kenney, Llc Jan 2010 - Dec 2013Lafayette, Louisiana, United States🔷Holleman & Kenney, LLC | Lafayette, LA 2010 – 2013During this job, I guaranteed comprehensive project management by heading seismic reprocessing, administering prospect sales and marketing operations, administering financial activities, and providing geoscience supervision. I saved costs by negotiating advantageous seismic acquisition and leasing agreements.Some of my proudest achievements during this role included:• Fostered collaborative work environment by training and mentoring diverse team of over 20 professionals.• Streamlined work processes by managing $21M drilling fund.• Contributed to sale of exploration play to Bayou Bend Petroleum by facilitating expert consultation to Summit Energy Company.
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Consulting Geoscientist / High Performance Computer (Hpc) MarketerMicrosoft Jan 2007 - Nov 2009Lafayette, Louisiana Metropolitan Area🔷Microsoft Corporation | Redmond, WA / Lafayette, LA 2007 – 2009During this time period, I determined the power of High-Performance Computing (HPC) technology by leading proof-of-concept engagements tailored to oil and gas sector. I amplified operational proficiency by illustrating practical advantages of HPC in seismic processing and computational fluid dynamics. I boosted functionality and user satisfaction by co-investing in redevelopment of Spectral Power software.My key accomplishments included:• Enabled industry-wide progress by offering essential support for HPC presentations and demonstrations, while empowering stakeholders with insights into transformative technologies. -
Chief Geologist/Geophysicist Managing PartnerSummit Energy 1997 - 2006Lafayette, Louisiana Metropolitan Area🔷Summit Energy Company | Lafayette & New Orleans, LA 1997 – 2006Privately held company with $72.1 million in deployed CapEx and revenue. Company was sold in 2007.Chief Geologist / Geophysicist / Managing PartnerProject managed and provided leadership for two major 3D seismic acquisition programs that cost approximately $21 million. Evaluated geoscience databases supporting for producing oil and gas properties in Texas and Louisiana. MARSH ISLAND WILDLIFE REFUGE• Arranged $16 million in financing from in-house investors and other high-net-worth investors who funded a 165,000-acre state lease to support the acquisition of a new 110-square-mile proprietary 3D project within a wildlife refuge.• Played the most critical role in management & execution of company’s largest exploration and development project that yielded 24 high-value gas prospects. • Supervised total of 75 staff as project manager and geophysical team leader.• Directly responsible for managing the highly complex and environmentally challenging, regulatory permitting process for this three-year scope of work, including negotiations with numerous federal and state agencies, Congressmen, State Senators & Representatives, subject matter experts and State of Louisiana attorneys.• $29 million in net proceeds earned by selling the Summit Energy company assets to newco Bayou Bend Petroleum based on potential resource exposure of >4Tcf (four trillion cubic feet) of natural gas & petroleum liquids.JEFFERSON ISLAND• Led the 3D design, acquisition, processing, reprocessing, interpretation and in-house funding of a $5.2 million 3D program and supervised approximately 50 personnel.• Solicited Halliburton Energy Services to fund $16 million, seven-well drilling program at Jefferson Island and negotiated $3.2 million partial reimbursement for $5 million in sunk costs for seismic acquisition.• Discovered new-field-oil & gas pay sands in three wells on this salt dome, brownfield redevelopment project. -
Geoscience Employee & ConsultantGreat Southern Oil & Gas, Petro-Drive, Maersk Energy And Freelance Consulting Jan 1984 - 1996Lafayette, Louisiana Metropolitan AreaAdditional Experience: Consulting Geologist for Maersk Energy, Independent Prospecting Consultant, Staff Development Geologist for Great Southern Oil & Gas Company, Inc.
Michael E. Kenney Education Details
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Petroleum Engineering
Frequently Asked Questions about Michael E. Kenney
What company does Michael E. Kenney work for?
Michael E. Kenney works for Petrolex Investments, Llc
What is Michael E. Kenney's role at the current company?
Michael E. Kenney's current role is Principal Managing Partner.
What schools did Michael E. Kenney attend?
Michael E. Kenney attended University Of Louisiana At Lafayette.
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