Matt Luna, vice president of development at Houston-based Kraken Oil and Gas LLC, is today’s featured Forty Under 40 honoree.
While still a full-time student, Luna began to work part time at Brigham Exploration. Upon graduating, he already had two years of corporate experience at an oil and gas operator and went on to join Equinor ASA, which operated as Statoil at the time.
After a successful career at Equinor, Luna then took a leap into the private-equity space with Kraken Oil and Gas, which he described as his most memorable professional experience.
“I had worked my way up at Statoil starting from reservoir engineer to drilling engineer to development planner over the entire Bakken asset,” he said. “I had every resource at my fingertips, being at a large organization, and basically an unlimited budget for development plans, resources, etc.”
“I decided to make the jump to Kraken because I felt like I was ready for a more entrepreneurial opportunity and one that would be able to move quicker on its feet,” he continued.
Lonestar Resources is currently on track to deliver production and financial results at the high end of its guidance for the second quarter, says Frank D. Bracken III, CEO of the Eagle Ford Shale producer set to be acquired by Penn Virginia.
Callon Petroleum and Carrizo Oil & Gas said Dec. 20 that shareholders from both companies voted to approve its pending merger, which had initially faced shareholder opposition.
Today’s featured 25 Influential Women in Energy honoree is Eileen Perillo, vice president of finance for unconventionals at Shell USA Co.