Concho Resources

Quantum Capital Group Names Jack Harper as Senior Advisor

Retrieved on: 
Tuesday, August 1, 2023
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HOUSTON, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Quantum Capital Group (“Quantum”), a leading provider of capital to the global energy industry, today announced that Jack Harper has joined the firm as a Senior Advisor, working closely with Quantum’s leadership to support the firm’s investment activities and its portfolio companies.

Key Points: 
  • HOUSTON, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Quantum Capital Group (“Quantum”), a leading provider of capital to the global energy industry, today announced that Jack Harper has joined the firm as a Senior Advisor, working closely with Quantum’s leadership to support the firm’s investment activities and its portfolio companies.
  • Earlier in his career, Mr. Harper served in various executive roles at Concho Resources, including as President from 2017 to 2021, when the company merged with ConocoPhillips.
  • “I have always had a lot of respect for the Quantum team and their commitment to building scalable and successful energy platforms throughout the years,” said Mr. Harper.
  • “Quantum is committed to the energy sector, and I am excited to work closely with the team and its entrepreneurs to help them continue their successful track record.”

ProPetro Announces General Counsel Transition

Retrieved on: 
Monday, December 19, 2022
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(“Jody”) Mitchell as General Counsel and Corporate Secretary, effective January 1, 2023.

Key Points: 
  • (“Jody”) Mitchell as General Counsel and Corporate Secretary, effective January 1, 2023.
  • Mr. Mitchell, who currently serves as Vice President and Deputy General Counsel of ProPetro, will succeed Newton W. (“Trey”) Wilson III, who will retire, effective December 31, 2022.
  • Sam Sledge, ProPetro Chief Executive Officer, said, “We are pleased to announce Jody’s appointment as ProPetro’s next General Counsel.
  • Prior to joining ProPetro in 2021 as Vice President and Deputy General Counsel, he served in a number of senior roles at Concho Resources, including as Director of Marketing and Midstream and Associate General Counsel.

Permian Resources Announces Senior Leadership Changes

Retrieved on: 
Wednesday, December 14, 2022
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MIDLAND, Texas, Dec. 14, 2022 (GLOBE NEWSWIRE) -- Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced pending retirements of two executive officers of the Company, along with their respective succession plans.

Key Points: 
  • MIDLAND, Texas, Dec. 14, 2022 (GLOBE NEWSWIRE) -- Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced pending retirements of two executive officers of the Company, along with their respective succession plans.
  • Previously, Mr. Gray was Founder, Director and Chief Executive Officer of RSP Permian until its merger with Concho Resources.
  • Permian Resources announced that Guy Oliphint will join the Company as Executive Vice President of Finance, effective January 3, 2023.
  • “I’m excited to partner with Guy as he prepares to lead the finance function of Permian Resources and have no doubt he will do an outstanding job.”
    “We are pleased to welcome Guy as Permian Resources’ incoming CFO.

ConocoPhillips and QatarEnergy Agree to Provide Reliable LNG Supply to Germany

Retrieved on: 
Tuesday, November 29, 2022
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ConocoPhillips (NYSE: COP) and QatarEnergy today announced the signing of two agreements to supply long-term liquefied natural gas (LNG) to Germany.

Key Points: 
  • ConocoPhillips (NYSE: COP) and QatarEnergy today announced the signing of two agreements to supply long-term liquefied natural gas (LNG) to Germany.
  • QatarEnergy and ConocoPhillips are excited for the opportunity to responsibly and securely supply world markets with LNG from the Qatari expansion projects, said Ryan Lance.
  • These agreements will provide an attractive LNG offtake solution for our new joint ventures with QatarEnergy and position the joint ventures as reliable sources of LNG supply into Europe.
  • This is the culmination of efforts between two trusted partners, QatarEnergy and ConocoPhillips, over many years, to provide reliable and credible LNG supply solutions to customers across the globe, and today, to German end-consumers, said His Excellency Minister Al-Kaabi.

ConocoPhillips Appoints Dennis V. Arriola to its Board of Directors

Retrieved on: 
Tuesday, September 13, 2022
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ConocoPhillips (NYSE: COP) today announced that its board of directors has elected Mr. Dennis V. Arriola to serve as a board member.

Key Points: 
  • ConocoPhillips (NYSE: COP) today announced that its board of directors has elected Mr. Dennis V. Arriola to serve as a board member.
  • We are pleased to add Dennis to the ConocoPhillips board of directors, said Ryan Lance, chairman and chief executive officer.
  • The appointment of Mr. Arriola increases the number of ConocoPhillips directors to 14, of which 12 are independent.
  • Mr. Arriola will serve on the Human Resources and Compensation Committee and the Audit and Finance Committee of the ConocoPhillips board.

ConocoPhillips and Sempra Infrastructure Sign Heads of Agreement for Large-Scale LNG Projects and Carbon Capture Activities

Retrieved on: 
Thursday, July 14, 2022
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Under the terms of the HOA, ConocoPhillips will supply the gas for its 5 Mtpa offtake and may provide additional gas supply services to the Port Arthur LNG facility.

Key Points: 
  • Under the terms of the HOA, ConocoPhillips will supply the gas for its 5 Mtpa offtake and may provide additional gas supply services to the Port Arthur LNG facility.
  • In addition, ConocoPhillips will have the option to acquire certain LNG offtake and equity ownership from future contemplated LNG trains at the Port Arthur LNG site, where a similarly sized Phase 2 project is also under development.
  • The companies will also evaluate development of low-carbon projects, including a carbon capture and storage (CCS) project for the Port Arthur LNG facility, and Sempra Infrastructure would have the opportunity to participate in carbon capture and sequestration projects developed by ConocoPhillips in Texas or Louisiana in connection with the Port Arthur LNG project.
  • Equity ownership in the Port Arthur LNG project would allow ConocoPhillips to participate in future expansions and lower-carbon activities in line with our own strategic initiatives.

Civitas Resources Announces Appointment of New Chief Legal Officer

Retrieved on: 
Wednesday, June 29, 2022
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Civitas Resources, Inc. (NYSE: CIVI) (the "Company" or "Civitas") today announced the retirement of Cyrus (Skip) Marter and the appointment of Travis Counts as the Companys new Chief Legal Officer.

Key Points: 
  • Civitas Resources, Inc. (NYSE: CIVI) (the "Company" or "Civitas") today announced the retirement of Cyrus (Skip) Marter and the appointment of Travis Counts as the Companys new Chief Legal Officer.
  • In conjunction with Mr. Marters retirement, the Company's board of directors has appointed Travis Counts as the new Chief Legal Officer and Secretary.
  • Chris Doyle, President and Chief Executive Officer of Civitas, commented, Our board of directors and I want to thank Skip for his many contributions to Civitas.
  • We also want to welcome Travis Counts as our new Chief Legal Officer.

Aris Water Solutions, Inc. Announces CFO Transition Plan

Retrieved on: 
Monday, June 13, 2022
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Aris Water Solutions, Inc. (Aris or the Company) announced today that Chief Financial Officer Brenda R. Schroer will conclude her role with the Company during the second half of this year.

Key Points: 
  • Aris Water Solutions, Inc. (Aris or the Company) announced today that Chief Financial Officer Brenda R. Schroer will conclude her role with the Company during the second half of this year.
  • Brenda has been instrumental in leading the Companys efforts to transition from a private to public company through our initial public offering process.
  • Aris Water Solutions, Inc. (NYSE:ARIS) is a leading, growth-oriented environmental infrastructure and solutions company that directly helps its customers reduce their water and carbon footprints.
  • Aris delivers full-cycle water handling and recycling solutions that increase the sustainability of energy company operations.

ConocoPhillips Reports First-Quarter 2022 Results; Announces Increase in Planned 2022 Return of Capital to $10 Billion and Declares Quarterly Dividend and Variable Return of Cash Distribution

Retrieved on: 
Thursday, May 5, 2022
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In addition, ConocoPhillips today announced a $2 billion increase in expected 2022 returns of capital to $10 billion.

Key Points: 
  • In addition, ConocoPhillips today announced a $2 billion increase in expected 2022 returns of capital to $10 billion.
  • Distributed $2.3 billion to shareholders through a three-tier return of capital framework, including $0.9 billion through the ordinary dividend and VROC and $1.4 billion through share repurchases.
  • Generated cash provided by operating activities of $5.1 billion and cash from operations (CFO) of $7.0 billion.
  • Return of capital is defined as the total of the ordinary dividend, share repurchases and variable return of cash (VROC).

ConocoPhillips Announces Executive Leadership Changes

Retrieved on: 
Monday, May 2, 2022
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Key Points: 
  • ConocoPhillips (NYSE: COP) today announced that Tim Leach, previously executive vice president, Lower 48, has become advisor to the chief executive officer, effective May 1, 2022.
  • In conjunction with this change, the company also announced that Jack Harper, previously president, Permian for ConocoPhillips, and former president of Concho Resources, has assumed the role of executive vice president, Lower 48 and joined the ConocoPhillips executive leadership team, effective May 1, 2022.
  • He has been instrumental in guiding our Lower 48 organization and driving value from the Concho transaction, said Ryan Lance, ConocoPhillips chairman and chief executive officer.
  • We ushered in a new era of energy leadership with the strategic combination of the ConocoPhillips and Concho assets, operations and teams.