Jamie McCoy, vice president and CFO of Canyon Creek Energy, is today’s featured Forty Under 40 honoree.
At Canyon Creek, McCoy oversees the financial functions of the company and works to leverage his network to identity and execute plans for additional avenues of growth. In this role, he has helped the Tulsa, Okla.-based company grow substantially and significantly broadened its investor base “in both size and nature of capital.”
McCoy believes that his past career experience has been critical to his contributions to Canyon Creek.
He began his career as an audit manager at EY, a Big Four accounting firm. After nine years in professional services, he joined an operating company to contribute financial expertise while having the opportunity to learn the actual business of oil and gas.
“While I felt like I could be successful in that environment [at EY], I knew that I had to pursue other opportunities to be a part of building something,” he said. “Leaving EY was probably the toughest decision of my career, but ultimately it put me on the path to where I am now.”
Eni has made a gas and condensate discovery in the Mahani exploration prospect located onshore in the Area B Concession of Sharjah (UAE) on Jan. 27, which was awarded to Eni in the first International Competitive Exploration Licensing Round conducted by the Petroleum Council of Sharjah.
The company said Jan. 27 that the Uaru exploration well made the 16th discovery on the block, hitting about 29 m (94 ft) of high-quality oil-bearing sandstone reservoir.
Companies added three oil rigs in the week to Jan. 24, bringing the total count to 676, energy services firm Baker Hughes Co. said in its weekly report.