Tuesday, September 15, 2015

Brennan Potts: Tapping into Non-operated Oil and Gas Assets

Brennan Potts is a co-founder and managing director of Titanium Exploration Partners, a Dallas-based investment firm with its main focus on the acquisition and development of non-operated gas and oil assets across the United States. He leads the evaluation and implementation processes for many of the private, independent equity-backed oil and gas companies located in the Anadarko Basin and Eagle Ford Shale. His focus also includes investments in other shale-rich areas including the Permian Basin, Utica, Marcellus, Niobrara, and Bakken.

Potts is also in charge of the investments from idea generation to opportunity sourcing and strategy execution – truly, challenging tasks for the young entrepreneur. With his investment style, Titanium Exploration Partners’ investment platform has a strong financial foundation that investors, customers, and stakeholders demand. His investment decisions have contributed to Titanium’s flexibility in pursuing investment opportunities with the goal of asset acquisition.

He and his co-founders saw the opportunity that came with the boom in fracking especially in the Eagle Ford Shale, one of South Texas’ energy-rich areas. As part of an emerging class of energy entrepreneurs, Potts seized the opportunity by co-founding Titanium in his home; the company first $20 million investment was made on his kitchen table.

Titanium Exploration Partners has so far raised $300 million via private equity funding as well as acquired interested in more than 100 wells and 25,000 acres of oil and gas-rich lands. Fracking is one of the most capital-intensive businesses, which explains the constant push for more investors and investments.

Potts is a veteran of the oil and gas industry even before he co-founded Titanium Exploration Partners. He was the Vice President of Titan River Energy and he was also involved in business development at Upland Oil & Gas and Valor Petroleum. He is a graduate of Baylor University as well as an active member of the ADAM Energy Forum and Dallas Chapter of Young Professionals in Energy.

No comments:

Post a Comment