New E&P firm secures $250 million investment

By OGJ editors
-- Gulf Coast Energy Resources LLC, Houston, has received commitments for investments totaling as much as $250 million for exploration and development on the Texas and Louisiana Gulf Coast.

The private company was formed this year with a strategy that it describes as focused on “the exploration of proven hydrocarbon trends utilizing advanced seismic technology augmented by the acquisition and exploitation of producing fields.”

The financial commitment came from private-equity firm Warburg Pincus and company managers.

Kevin Guilbeau is president and chief executive officer of GCER. Other managers are C. Gordon Lindsey, vice-president, exploration and business development; Manual Mondragon, chief financial officer; Steve Longdon, vice-president, engineering; and Jay Parker, exploration manager.

Related Articles

Ultra Petroleum selects senior vice-president

04/01/2014 Ultra Petroleum Corp., Houston, has appointed Brad Johnson to succeed William Picquet, who will retire from the company at the end of the month, as...

Columbia Pipeline names chief executive officer

04/01/2014 Columbia Pipeline Group (CPG), a unit of NiSource Inc., has named Glen L. Kettering as its executive vice-president and group chief executive offic...

New Gulf Resources appoints chief executive officer

04/01/2014 New Gulf Resources LLC, Tulsa, has appointed Ralph A. Hill as chief executive officer and chairman of its board. He previously served as chief exec...

Empire names chief executive officer

03/31/2014 Empire Oil & Gas NL, Claremont, Western Australia, has selected Ken Aitken as its chief executive officer. He will assume the position in May.

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!


Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected