A Texas native with more than 25 years of domestic and international energy experience, M. Chris Doyle most recently served as president and CEO of Olympus Energy. (Source: Primexx Energy Partners Ltd.)
Primexx Energy Partners Ltd. named M. Chris Doyle president and CEO, succeeding Tom Fagadau, who will now serve as the company’s non-executive chairman.
Doyle joins the privately held, independent oil and gas company operating in the Southern Delaware Basin within the Permian from Olympus Energy LLC. The appointment took effect immediately, according to a company release on Sept. 30.
A Texas native with more than 25 years of domestic and international energy experience, Doyle most recently served as president and CEO of Olympus, a privately held energy company specializing in upstream and midstream development in the Appalachian Basin. He currently serves as lead director of the Olympus Energy board.
RELATED:
Private Appalachia Operator Olympus Energy Names Tim Dugan as CEO
Prior to joining Olympus Energy in 2016, Doyle served as executive vice president of operations at Chesapeake Energy Corp., overseeing developments in the Appalachian and Powder River basins. He also led the company’s marketing, midstream, supply chain and centralized operations and technical support.
Doyle also spent 18 years at Anadarko Petroleum before joining Chesapeake in various leadership roles, which included assets int he Permian, Eagle Ford, Haynesville and Appalachia basins.
In a statement commenting on his appointment, Doyle said: “Navigating the challenges of today’s environment requires that we not only maintain safe and compliant operations, but that we relentlessly focus on advancing our operational and financial performance.”
Primexx Energy Partners currently operates 40,000 acres in the Southern Delaware Basin and produces 22,000 boe/d, the company release said.
Recommended Reading
Energy A&D Transactions from the Week of May 18, 2022
2022-05-18 - Here’s a snapshot of recent energy deals including Grey Rock’s $1.3 billion business combination with Paul Ryan-backed SPAC plus a $575 million roll-up of Rattler Midstream by Diamondback Energy.
NextEra Sells Houston Natgas Pipeline to ARM Energy for $203 Million
2022-04-04 - The Monument Pipeline provides natural gas transportation and marketing services to end-users in the Houston area and will be operated by affiliates of ARM Energy.
A&D Watch: Utah’s—Yes, Utah—M&A Spree
2022-05-11 - While it’s inevitable that another basin snatches a ray of limelight from the Permian Basin from time to time, probably no one expected a rare run on Utah’s Uinta Basin, where M&A has suddenly been heating up.
Marketed: Tower Rock, Texas Producing Mineral, Royalty Package
2022-03-08 - Tower Rock Oil & Gas LLC retained EnergyNet for the sale of nearly 1,000 net royalty acres across 450,000 gross acres throughout Texas.
Marketed: Ridge Runner Resources Northern Delaware Nonop Opportunity
2022-03-10 - Ridge Runner Resources LLC retained Detring Energy Advisors for the sale of a joint venture nonoperated partnership with Matador Resources, a premier Delaware-focused operator in the Permian Basin.