Rockies oil and gas producer Ultra Petroleum’s recruitment of a new senior management team follows an agreement with its largest shareholder to pursue value-maximizing strategies.
From the biggest operators with multinational portfolios to basin-specific smaller producers with motivation to grow. Investor showcases the 50 most-valued U.S. independents.
Ultra Petroleum tapped David Honeyfield to succeed CFO Garland Shaw, who did not relocate from Houston following the recent move of the Wyoming gas producers’ headquarters to Englewood, Colo.
As a result of the $75 million sale of its Utah asset, Ultra’s portfolio now consists only of its Pinedale Field position in Southwest Wyoming.
Stratas Advisors predicts growth for North American shale plays including expectations for ‘bigger and badder’ wells becoming the norm this year.
Jay Stratton has more than 30 years of experience in operations for both domestic and international oil and gas companies, most recently serving as COO at Jagged Peak Energy.