About J2R Energy
We are an upstream oil and gas company formed in 2019 to acquire and develop existing oil and gas properties in the onshore continental US. We look for assets that can provide a superior and sustainable economic return on capital in a volatile price environment.
Our Strategy
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Focuses on conventional, onshore properties that have been starved for resources and provide substantive upside opportunities at relatively low entry costs
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Utilizes unconventional technologies to achieve higher recovery rates where appropriate
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Is designed to deliver superior returns and offer multiple exit opportunities over time
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Matches the experience and extensive expertise and depth of the team
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Seeks assets that provide the opportunity for low-risk development success, achieving higher economies of scale, efficient LOE’s and, ultimately, valuation premiums
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Applies state-of-the-art geoscience capabilities to lend cohesiveness to the entire strategy
Our Approach
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Actively seek development/exploratory opportunities that can provide strong upside potential
- Selectively procure complementary seismic/engineering data
- Access shallow rights of deeper unconventional plays to take advantage of lower risk conventional opportunities
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Bid-to-Win opportunities to bolt-on producing acreage near current production that meets J2R’s target criteria
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Participate in bankruptcy processes and auctions where the assets or company represent a strategic fit with J2R’s strategy
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Hi-grade technology by high-grading the utility of:
- 3-D seismic proven effective
along trend - Horizontal drilling to improve EUR’s and accelerate cash flow
- 3-D seismic proven effective
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Consider vendor partnerships to reduce costs, leverage capital and accelerate expertise
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Consider contract operating opportunities that can lead to ultimate asset ownership
Our Team
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Is made up of highly experienced industry professionals with an average industry experience in excess of 30 years
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Has more than 10 years of experience working together
James G. Ivey (Jim)
CEO
40 + years experience in the energy industry:
- Leadership positions in the upstream, midstream and downstream segments of the energy business
- CEO – Milagro, Pintail and Spicewood
- Executive management positions at Markwest, Cobalt, and Milagro
- Engineering and Senior management positions at Conoco, Tenneco, Arkla, and Williams Cos
Colonel in the Army and Army Reserve over a 30-year career.
- Commanded at the company, battalion and brigade level
- Army Corps of Engineers
Education:
- Texas A&M – B.S.
- University of Houston – MBA
- Duke University – Advanced Management
- Army Command and General Staff College
William W. Shook
COO
Over 40 years of operating experience in the energy industry:
- drilling, completion, workover, production, P&A, and infrastructure construction
Company experience includes:
- Sun Oil
- Kaiser-Francis Oil
- Seagull Energy
- United Meridian
- Chevron and Pintail Oil & Gas
Industry Activities:
- SPE – member 37 years
- AADE – Chapter President from 2005-2007
- API Houston Chapter – Board Member, 1st VP, Chapter Chairman from 2011-2014
- Registered Professional Engineer in Texas #57203
Education:
- Texas A&M – B.S. Petroleum Engineering
Robert G. Flesher
EVP Operations
35 + years experience in the energy industry:
- Leadership positions in operations and project management domestically and internationally with Phillips and ConocoPhillips
- Work experience includes drilling, production, process, and reservoir engineering in onshore, offshore, tight gas, heavy oil, coal bed methane, oil sands, and LNG
Served 3 years in Army Corps of Engineers
Served in various positions of increasing responsibility at Conocophillips:
- Manager of Investor Relations
- Drilling and Production Manager in the UK
- GM of Hamaca Heavy Oil JV in VZ
- VP of Production and Development COP Canada
- COO of Qatar 3&4
- VP of Drilling and Production
Education:
- Texas A&M – B.S. Geological Engineering
- University of Missouri Rolla – M.S. Engineering Management
Edmond J. Wells (Ed)
VP Operations
40+ years experience in the oil and gas industry:
- High degree of expertise in the development and execution of wellbore interventions, well completions, and fracture stimulation
- Widely recognized expert in artificial lift especially in the design and troubleshooting of problems with beam and gas lift
- High level of experience in the operation and management of corporate assets
- Served as staff production engineer, district completions manager, drilling and production manager, and operations manager for corporate assets
Company experience includes:
- Halliburton Services
- General Crude Oil
- 3Tec Energy/Plains Exploration
Education:
- Texas A&M – B.S. Petroleum Engineering
Ed Hamilton
VP Geology
21 years experience in the energy industry:
- Experience in Development, Exploration, Conventional and Unconventional Reservoirs. Areas worked are the Gulf of Mexico, South Louisiana, South Texas, and the Anadarko Basin
- Served as Senior Geologist and Geoscience Manager
Company experience includes:
- Petroquest Energy
- Conoco
- Unocal
- Marathon
- Milagro
- Pintail
Education:
- University of Southwestern Louisiana (USL) – B.S. Petroleum Geology
- University of Louisiana at Lafayette (ULL) – M.S. Petroleum Geology