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Chip Rimer, Chord’s current executive vice president and COO will retire on Jan. 12. Henke's 30 years of upstream oil and gas experience includes leadership positions at Gary Permian and Encana Group, the company said.
Chord also appointed Susan Cunningham as independent chair of the company’s board, effective Jan. 1.
With more than 35 years of oil and gas experience, Cunningham has served on Chord’s board since July 2022 and currently chairs the board’s ESG committee and on the board’s compensation and human resources committee.
Lynn A. Peterson is set to retire as the executive chair of Chord’s board on Dec. 31, reducing the board’s size to nine members, the release said.
“Lynn was a pioneer in the shale revolution and helped transform the Williston into one of the premier U.S. energy basins,” Cunningham said. “The board and Chord Energy have benefited from Lynn's decades of industry leadership and contributions which have put the company in a strong position for continued success."
2024-02-08 - Athabasca Oil and Cenovus Energy plan to ramp up production from about 2,000 boe/d to 6,000 boe/d by 2025.
2024-01-03 - Ellipsis U.S. Onshore, backed by private equity firm Westlawn Group, bolted on more assets in the Permian Basin and expanded its reach into Colorado and Louisiana.
2023-12-19 - Liberty Energy’s entry rounds out the upstream portion of Tamboran Resources’ plan to develop the Beetaloo Basin in northern Australia.
2023-12-26 - Permian Basin well productivity has trended down. Top-tier drilling locations are scarce. Capital is at a premium. E&Ps need low-cost inventory and scale, and they’re willing to pay big bucks to get them.
2024-01-05 - The dust has settled on acquisitions, and the leading players have publicized five-year plans that demonstrate a commitment to increasing production from Canada’s premier shale plays.