Brandon Standifird, CFO of U.S. Energy Development Corp., is today’s featured Forty Under 40 honoree.
Standifird joined U.S Energy in 2018 as vice president of corporate finance and was promoted the following year to serve as the CFO of the Arlington, Texas-based E&P operating company, which designs and manages direct investment opportunities for accredited investors and institutional partners.
Throughout his career, Standifird has helped successfully finance $750 million of high profile deals with established banks and institutions. He also played a key role in the closing of multiple public and private debt deals including the closing of a syndicated $500 million credit facility, as well as a $300 million public debt deal.
Prior to joining U.S. Energy, Standifird worked for PwC, which included significant projects and transactions in a variety of industries, such as manufacturing, telecommunications, real estate and financial services. This experience, he said, afforded him insight into diverse management procedures and helped prepare him for his current role with U.S. Energy.
“During the first half of my career with PwC, I had been assigned to work on several oil and gas clients, this included working on special transactions, quarterly reviews, debt offerings, equity offerings, SOX work as well as annual audits,” Standifird said. “My interest in oil and gas grew as I learned the ins and outs of the industry as well the flow of transactions from the time capital is first spent to the date of production.”
“Upon leaving PwC, I found my first job in oil and gas and have been a huge supporter of industry ever since,” he added.
Today’s featured Forty Under 40 honoree is Nick Vandivere, CEO of ThoughtTrace which is a Houston-based software company using AI and machine learning to streamline operations for the energy industry.
Today’s featured Forty Under 40 honoree is Hunter Wallace, Atlas Sand’s COO who has led in the design, construction and capitalization of two frack sand plants in the Permian Basin.
Archer Ltd . CEO John Lechner has resigned from his position, effective immediately, the company said on March 22.