Joe J. Colletti, business development manager for acquisitions and divestitures at ExxonMobil Upstream Business Development Co., is today’s featured Forty Under 40 honoree.
Despite, today, overseeing business development opportunities in the U.S. for Exxon Mobil—one of the world’s largest public oil and gas companies, Colletti began his career as a nuclear systems engineer.
In 2013, he transitioned from his six-year engineering tenure with Exxon Mobil Corp. to become the operations manager for the private E&P Zarvona Energy LLC.
After three years at Zarvona, Colletti was promoted to vice president of business and project development, where he helped grow Zarvona into one of the most notable private operators in the U.S.
Colletti said the small company environment taught him to be resourceful and “to understand the importance of every aspect of the industry.”
Here’s a snapshot of recent energy deals including the acquisition of Dominion's natural gas transmission and storage segment by Warren Buffett’s Berkshire Hathaway in a transaction worth nearly $10 billion.
Here’s a quicklist of oil and gas assets on the market including the sale of operated properties in South Texas as part of a regional exit by Blackbeard Operating.
Blackbeard Operating retained TenOaks Energy Advisors as its exclusive adviser in connection with the sale of its operated properties in South Texas as part of a regional exit.