Laredo Petroleum Inc. (NYSE: LPI) said Feb. 5 Patrick Curth will transition to a senior advisor role from senior vice president in anticipation of his retirement in March 2019.
James Courtier, vice president of exploration and geosciences technology, Jason Greenwald, vice president of reservoir engineering and Mark Elliott, vice president of land will jointly assume leadership of the company’s exploration, development and land initiatives and will report directly to Randy Foutch, chairman and CEO.
“The contributions of Pat Curth to Laredo cannot be overstated,” Foutch said. “As one of the original members of the Laredo team, Pat played a major role in the building of the company’s contiguous acreage position, leading our effort to apply horizontal drilling technology in the Permian Basin and building a deep bench of talented geoscience professionals. I have worked closely with Pat for 20 years and appreciate his many contributions to three of my companies and wish him well in his retirement.”
Recommended Reading
Petrobras Sending Nearly Half of Oil Exports to China
2024-04-30 - Conflict in the Middle East has enabled Brazil’s state-owned Petrobras to change the flow of its oil exports, with China being the primary beneficiary, followed by Europe.
Equinor Says EQT Asset Swap Upgrades International Portfolio
2024-04-30 - Equinor CFO Torgrim Reitan says the company’s recent U.S. asset swap with EQT Corp. was an example of the European company “high-grading” its international E&P portfolio.
E&P Highlights: April 29, 2024
2024-04-29 - Here’s a roundup of the latest E&P headlines, including a new contract award and drilling technology.
Kosmos Energy’s RBL Increased, Maturity Date Extended
2024-04-29 - Kosmos Energy’s reserve-based lending facility’s size has been increased by about 8% to $1.35 billion from $1.25 billion, with current commitments of approximately $1.2 billion.
Barnett & Beyond: Marathon, Oxy, Peers Testing Deeper Permian Zones
2024-04-29 - Marathon Oil, Occidental, Continental Resources and others are reaching under the Permian’s popular benches for new drilling locations. Analysts think there are areas of the basin where the Permian’s deeper zones can compete for capital.