Spur Energy CEO: ‘Hardest Dang Thing We’ve Ever Done’
Jay Graham says the company’s northwest shelf deal got done because of extra effort.
Oil and Gas Investor
Jay Graham, CEO, Spur Energy Partners discusses his company's Permian Basin deal in the Northwest Shelf at the Executive Oil Conference in Midland. (Source: Emily Patsy, Hart Energy)
“It’s a tough time right now” in the oil and gas business but deals can and do get done with perseverance, according to Jay Graham, CEO of Houston-based Spur Energy Partners.
Graham made his comments in a keynote at Hart Energy’s recent Executive Oil Conference, describing multiple transactions he has been involved in over the years, adding the deal that put together Spur’s acreage in the Permian Basin’s Northwest Shelf “was the hardest dang thing we’ve ever done.” He noted his previous work with the Wild Horse group involved more than $10 billion in deals.
Paul Hart serves as midstream editor-at-large for Oil And Gas Investor magazine. He brings 40 years’ experience in all phases of the worldwide oil and gas industry–upstream, midstream and downstream – to the publication.
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