Falcon Minerals Corp. promoted Michael J. Downs to serve as COO of the minerals acquisition company, according to a Feb. 18 company release.
Formerly vice president of operations, Downs joined Falcon in October 2018 to oversee the company’s royalty production, land administration, reservoir engineering and ongoing minerals acquisition efforts. He had previously served in the same role at Titan Energy LLC and its predecessor’s from 2014 until 2018.
Downs has also previously served as director of strategic operations for Atlas Energy LP and coordinator where he managed a $1.7 billion joint venture in the Marcellus Shale between Atlas Energy and India’s Reliance Industries.
Commenting on the promotion, Falcon CEO Daniel C. Herz said in a statement: “Mike has been an integral part of the company since he joined in 2018. Mike’s leadership has been instrumental in building Falcon from the ground up and he is widely respected by our employees, operators and shareholders.”
Falcon formed in 2018 through the combination of Osprey Energy Acquisition Corp., a special-purpose acquisition company (SPAC), and Blackstone Energy Partners' entire South Texas portfolio The company currently owns mineral, royalty and overriding royalty interests covering about 256,000 gross unit acres in the Eagle Ford Shale and Austin Chalk, according to the company release.
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