Board of Directors


Michael E. Mercer (President and CEO)

Michael E. Mercer has served as President and Chief Executive Officer and Director of the Company since June 4, 2018. Mr. Mercer served as President and Chief Executive Officer and Director of EV Energy Partners, L.P. from March 2015 to June 2018. Prior to that, he was the Senior Vice President and Chief Financial Officer since 2006. He was a consultant to EnerVest from 2001 to 2006. Prior to that, Mr. Mercer was an investment banker for 12 years. He was a Director in the Energy Group at Credit Suisse First Boston in Houston and a Director in the Energy Group at Salomon Smith Barney in New York and London. He holds a BBA in Petroleum Land Management from the University of Texas at Austin and an MBA from the University of Chicago Booth School of Business.

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Colby Dunn

Colby Dunn is a member of the investment team of Finepoint Capital LP, a Boston-based investment firm. Mr. Dunn joined the firm in 2015 and is focused on deep-value opportunities across various industries and geographies. Prior to joining Finepoint, Mr. Dunn was an investment analyst at Goldman Sachs focusing on distressed credit and special situations investments. He graduated from the Massachusetts Institute of Technology with a bachelor’s degree in Materials Science and Engineering.

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Patrick Hickey

Patrick Hickey is a Managing Director and a senior member of the Houston-based oil and gas investment team for EIG Partners. Prior to joining EIG in 2003, Mr. Hickey was with Wells Fargo Energy Capital, where he was responsible for originating and executing mezzanine financings for oil and gas producers. Prior to joining Wells Fargo, Mr. Hickey held a similar position with Duke Capital Partners, where he was responsible for senior debt and equity financings in addition to mezzanine financings. Prior to joining Duke, he spent ten years with Enron Corporation in various energy finance and marketing roles. Mr. Hickey also worked for ARCO as a reservoir engineer for five years. Mr. Hickey received a Petroleum Engineering degree from the University of Texas and a Master of Business Administration from Harvard University.

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James F. Murchison

James F. Murchison served as Chief Financial Officer and Board Member of Venado Oil & Gas, LLC from September 2016 when Venado partnered with KKR & Co LLP to consolidate proven oil and gas assets in the Eagle Ford Shale of South Texas to May 2018. Since establishing its private equity support from KKR through Mr. Murchison’s departure, Venado acquired $1.6 billion of assets totaling 112,000 net acres and producing 43,000 barrels of oil equivalent per day. Prior to joining Venado, Mr. Murchison spent 15 years in the banking industry focusing on the oil and gas space. Over the course of his career, Mr. Murchison’s work has touched most of the major basins in the lower 48 states and has involved capital formation, corporate mergers and acquisitions, asset acquisitions and divestitures, restructuring, reserve based lending, and IPOs. Mr. Murchison joined Raymond James & Associates in their energy investment banking group as a Senior Associate in 2005 and departed in 2016 as a Managing Director and Head of E&P Advisory. Prior to Raymond James, Mr. Murchison spent four years as a credit analyst at BNP Paribas and Southwest Bank of Texas originating and structuring reserve and cash flow based loans. Mr. Murchison received his Bachelor’s degree in Liberal Arts in the English Honors Program from the University of Texas in 1999 and his Master of Business Administration from the University of Texas in 2005.

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Steven J. Pully

Steven J. Pully provides consulting and investment banking services for companies and investors focused on the oil and gas sector. From 2008 until 2014, Mr. Pully served as General Counsel and a Partner of the investment firm Carlson Capital, L.P. Mr. Pully was also previously a Senior Managing Director at Bear Stearns and a Managing Director at Bank of America Securities focused on energy investment banking. Mr. Pully is on four public company boards, Bellatrix Exploration, Goodrich Energy, Titan Energy and VAALCO Energy and has also served on numerous other boards of public and private companies in the oil and gas and other industries, including as a director of EPL Oil & Gas and Energy XXI within the past five years. Mr. Pully is a Chartered Financial Analyst, a Certified Public Accountant in the State of Texas and a member of the State Bar of Texas. Mr. Pully earned his undergraduate degree in Accounting from Georgetown University and is also a graduate of The University of Texas School of Law.

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