An experienced management team.

Our senior management has extensive experience averaging more than 25 years of experience in the oil and gas industry. We work hard; we play fair.


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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Terry Wagstaff (VP Acquisitions and Engineering)

Terry Wagstaff has served as Vice President of Acquisitions and Engineering of the Company since June 2018. Mr. Wagstaff served as Vice President of Acquisitions and Engineering of EV Energy Partners, L.P. from April 2014 to June 2018. Prior to this appointment he served as Senior Technical Advisor - Acquisitions and Engineering for the Institutional business of EnerVest, Ltd., since October 2008. Prior to joining EnerVest Wagstaff worked for El Paso in a variety of engineering roles, including establishing practices and procedures in the internal reserves group and working on an asset team, on which he was responsible for drilling 100 wells per year in the Black Warrior Basin. He also evaluated acquisition opportunities throughout his tenure at El Paso.

Wagstaff began his career at Marathon Oil Company in 1980, and later worked for Keplinger & Associates, Prime Operating Company, Torch Energy Advisors and Nuevo Energy Company. He earned a BS in Petroleum Engineering from Texas A&M University, where he was a member of Pi Epsilon Tau (Petroleum Engineering Honor Society) and a MBA, Finance Concentration, from Rice University. He is a Registered Professional Engineer in Texas and a member of the Society of Petroleum Engineers.

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