When Parker Reese was very young, he played on a giant sand pile deposited on the side of his grandparents’ house, the remains of a frack job performed by his grandfather’s operating company in Kansas. Reese is a third-generation oilman—his father also worked for a large oil company—so it is no surprise he followed in the family boot steps.

Today, at 35, he is the CEO of Ameredev II, an EnCap Investments-backed private company based in Austin and with a position in Lea County, N.M. Reese formed Ameredev II in March 2017 with a $400 million equity commitment from EnCap, which has since been upsized to $700 million.

Reese chatted with Oil and Gas Investor about his entrepreneurial philosophies and his plans for Ameredev.

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