Ryan Strawn, president of Appalachian Mineral Partners, is today’s featured Forty Under 40 honoree.
After graduating from the University of Texas at Austin, Strawn started an investment banking career on the Lehman Brother energy team. There, his interest in the investment banking space faded, but he fell in love with the energy business.
A stint at HM Capital Partners allowed him to see the inner workings of companies across the energy spectrum, and it prepared him to work at a midstream startup, Caiman Energy, which introduced him to the Appalachian region.
Strawn’s familiarity with Appalachia, combined with his partnership with Phillip Thomas, inspired him to strike out on his own, and he co-founded Appalachian Mineral Partners with Thomas in 2012.
Since then, Appalachian Mineral Partners has closed on multiple funds. Strawn is “pleased with our funds’ performance both on an absolute basis and relative to other energy investments despite an extremely challenging environment over the past eight years,” he said.
Exclusively focused on the Appalachian Basin, the firm is currently purchasing minerals from AMP IV LP, an $80 million mineral acquisition vehicle, according to its website.
Shell said in a document to investors summarizing its climate strategy that about 75% of its proved oil and gas reserves will be produced by 2030.
Argos is set to become BP’s fifth operated platform in the GoM and the first new platform since Thunder Horse began production in 2008, the company said.
Utilizing the technology of Denver-based Project Canary, the pilot project will extend across the energy value chain—from production, transportation and marketing of responsibility sourced natural gas—for consumer and community use locally in Colorado.