Learn more about Hart Energy Conferences
Get our latest conference schedules, updates and insights straight to your inbox.
Wilkie Colyer Jr., CEO of Contango Oil & Gas Co., is today’s featured Forty Under 40 honoree.
At the helm of Contango, Colyer has helped implement the company’s consolidation strategy to pursue the acquisition of PDP-heavy opportunities across the U.S., which eventually led the company to its multibillion-dollar merger with a KKR-backed firm in June.
“When I joined Contango, the company was struggling from a non-competitive cost structure and lack of strategic direction,” he said. “Since then, we’ve been able to right size the organization, procure a new bank facility, complete four significant acquisitions, sign a $5.5 billion merger and a smaller acquisition, which will both close later this year, and increased production by over five times.”
The merger transaction was announced closed on Dec. 7, forming Crescent Energy with Contango remaining as an operating subsidiary.
Prior to Contango, Colyer managed a portfolio of energy investments for a single family office. He currently serves on the board of directors of Mid-Con Energy Partners LP and formerly served on the board of Resolute Energy Corp.
Click here for Wilkie Colyer’s complete profile.
Take a look at all of the Forty Under 40 honorees.
Recommended Reading
Aethon Cuts Rigs but Wants More Western Haynesville Acreage
2024-03-28 - Private gas E&P Aethon Energy has drilled some screamers in its far western Haynesville Shale play—and the company wants to do more in the area.
Elk Range Royalties Makes Entry in Appalachia with Three-state Deal
2024-03-28 - NGP-backed Elk Range Royalties signed its first deal for mineral and royalty interests in Appalachia, including locations in Pennsylvania, Ohio and West Virginia.
Dallas Fed Energy Survey: Permian Basin Breakeven Costs Moving Up
2024-03-28 - Breakeven costs in America’s hottest oil play continue to rise, but crude producers are still making money, according to the first-quarter Dallas Fed Energy Survey. The situation is more dire for natural gas producers.
OEP Completes Acquisition of TechnipFMC’s Measurement Solutions Business
2024-03-27 - One Equity Partners said TechnipFMC’s measurement solutions business will be rebranded as Guidant and specialize in measurement technology, automation solutions and global systems.
PE Investors Scoop Up Offshore Services Provider Acteon Group
2024-03-27 - Acteon Group, a U.K.-based subsea services provider serving customers in offshore oil, gas and renewables, was acquired by new private equity backers.