Overview

Denham Oil & Gas invests alongside upstream E&P and midstream entrepreneurs and business leaders with growth capital and strategic support to sponsor their success across various market and commodity environments.

E&P and midstream oil and gas value creation is challenging and competitive. We believe that business leaders and organizations that focus on operational and technical excellence, entrepreneurial business development and professional integrity are best positioned for success. Denham seeks to empower and resource those teams in helpful partnership so that they can focus on the hard work ahead.

Select Portfolio Companies

Our investment efforts span the oil and gas value chain with emphasis on North American Upstream E&P and Midstream.

Atlantic Resources Company

Atlantic Resources is an exploration and production company headquartered in Midland, Texas focused on pursing upstream oil and gas opportunities in the Permian Basin.

Bradford Minerals

Bradford Minerals is focused on the acquisition of royalty and mineral interests in the Delaware Basin.

Clear Creek Resource Partners

Clear Creek Resource Partners is an exploration and production company focused on the leasing, acquisition and development of upstream opportunities in the DJ Basin.

Covey Park Energy

Covey Park Energy (CPE) is a private oil and gas exploration and production company headquartered in Dallas, Texas. CPE is primarily focused on the acquisition and exploitation of long-life reserves in the Ark-La-Tex, Permian and Mid-Continent regions.

Fairway Resources III

Fairway Resources III is repeat upstream oil and gas company focused on the acquisition and exploitation of long-life reserves in the Mid-Continent Region of Texas and Oklahoma.

Greene’s Energy Group

Greene’s Energy Group is an oilfield services company focused on the completions and production markets in South Texas, West Texas and New Mexico and also has certain divisions in Louisiana.  The company provides well testing, flowback and frac support services including wellhead protection.   In Texas, Greene’s is the market leader in wellhead protection services and a top 3 provider of well testing services.

Harrier Oil

Harrier Oil is an exploration and production company focused on light oil opportunities in Colombia.  The company is led by Tomas Villamil, who previously founded COG Energy and C&C Energia and served as CEO of Platino Energy.  Tomas is joined by the former CFO of COG Energy, Rafi Khouri.

  • Headquarters

    Bogota, Colombia
  • Website

    N/A
  • Sector

    Oil & Gas
  • Exit Description

    N/A

Horizon Resources III

Horizon Resources is focused on the acquisition of royalty, mineral and non-operated working interests in the Denver Basin.

Live Oak Resource Partners

Live Oak Resource Partners is focused on the acquisition of oil and natural gas royalty and mineral interests.

Rockies Resources

Rockies Resources is an exploration and production company focused on the leasing, acquisition and development of upstream opportunities in the Powder River Basin.

  • Headquarters

    Denver, CO
  • Website

    N/A
  • Sector

    Oil & Gas
  • Exit Description

    N/A

Ursa Resources Group II

Ursa Resources Group II is an oil and gas exploration and production company primarily focused on the Piceance Basin in Colorado.

WhiteWater Midstream

WhiteWater Midstream is a midstream oil and gas company focused on building traditional gathering and processing infrastructure for upstream companies in areas lacking infrastructure.

  • Headquarters

    Austin, TX
  • Website

    N/A
  • Sector

    Oil & Gas
  • Exit Description

    N/A

Sector Team

Stuart Porter

Founder and CEO

Stuart Porter is a Founder, Managing Partner and serves as the firm’s Chief Executive Officer and Chief Investment Officer. Stuart brings over 29 years of senior investment experience to Denham. Stuart serves on the Management Committee, Fund Investment Committee and Valuation Committee.

Prior to founding Denham, Stuart was a founding partner of Sowood Capital Management LP and, prior thereto, was employed as a Vice President and Portfolio Manager at Harvard Management Company, Inc. where he focused on public and private transactions in the energy and commodities sectors. Stuart previously worked for Bacon Investments and at J. Aron, a division of Goldman Sachs. While at J. Aron, he worked on the Goldman Sachs Commodity Index desk. Prior to joining J. Aron, Stuart was a self-employed trader at the Chicago Board of Trade and was employed by Cargill Incorporated in Minnetonka, Minnesota in the Financial Markets Division. Stuart volunteers his time by serving on the Board of Directors of the Massachusetts Society for the Prevention of Cruelty to Children, a charitable organization, and also serves as a Trustee of St. Sebastian’s School in Needham, MA.

Stuart received a Bachelor of Arts from the University of Michigan and a Master of Business Administration degree from the University of Chicago Booth School of Business.

Carl Tricoli

Managing Partner

Carl Tricoli is a Founder, Managing Partner and heads the firm’s Oil & Gas and Mining teams. He brings 36 years of experience to Denham and is a member of the Management Committee, certain of Denham’s investment committees and the Valuation Committee.

Prior to joining Denham in 2004, he served as President of GeosCapital (a J.M. Huber Corporation), after serving as Vice President for Enron North America, Managing Director of Koch Producer Services, President of Black Hawk Resources and Managing Director of Corporate Finance for NationsBank Capital Markets. Carl serves as a member of the Board of Directors of Connaught Oil and Gas, Sierra Buckeye LLC, Platino Energy, Pangea Exploration (Proprietary), Ltd. and Mining Ventures Brasil Ltda.

He received a Bachelor of Arts from the University of Texas at Austin and a Master of Business Administration from Cass Business School in London.

Jordan Marye

Managing Partner

Jordan is a Managing Partner of Denham Capital Management where he helps lead the firm’s Oil & Gas investment effort. He joined Denham Capital in 2006.

Prior to joining Denham, Jordan was an Analyst in the Global Energy Group of UBS Investment Bank and a consultant in the Energy Practice of Huron Consulting Group. He currently serves on the Board of Directors of multiple Denham portfolio companies including Covey Park Energy, Ursa Resources Group II, Fairway Resources III, Tall City Exploration II, Clear Creek Resource Partners, WhiteWater Midstream, Atlantic Resources I & II, and Rockies Resources.

A native of south Louisiana, Jordan received a Bachelor of Science from Louisiana State University.

Geer Blalock

Managing Director

Geer Blalock is a Managing Director, responsible for origination, analysis, structuring and execution of investments for the O&G Deal Team. He joined Denham in 2008.

Prior to joining Denham, Geer was an Analyst at Randall & Dewey, a division of Jefferies & Company, where he focused on the oil and gas exploration and production industry. He is currently on the Board of Directors of Atlantic Resources, Live Oak Resource Partners, Ursa Resources Group II, S&A Resources and Horizon Resources.

Geer received his Bachelor of Business Administration from the University of Texas at Austin.

Jason Craig

Managing Director

Jason Craig is a Managing Director, responsible for origination, analysis, structuring and execution of investments for the O&G Deal Team. He joined Denham Capital in 2012.

Prior to joining Denham, Jason was a Petroleum Engineer with Newfield Exploration. He is currently on the Board of Directors of Fairway Resources III, Bradford Minerals, Horizon Resources III, and Live Oak Resource Partners.

He received a Bachelor of Science in Petroleum Engineering from The University of Texas at Austin and a Master of Business Administration with High Honors from the University of Chicago Booth School of Business.

John McLaughlin

Director

John McLaughlin is a Technical Director, responsible for technical screening and valuation, risk assessment and portfolio management for the Oil & Gas Team. He joined Denham in 2016.

Prior to joining Denham, John was a Vice President at Ryder Scott Company, an Associate Director / Reservoir Engineer at Macquarie Energy Capital in both Houston and London, and Reservoir Engineer and Reservoir Surveillance Engineer at ExxonMobil.

John earned a Bachelor of Science in Petroleum Engineering from the Colorado School of Mines and a Masters of Petroleum Engineering from the University of Houston.

James Obulaney

Director

James Obulaney is a Director at Denham Capital, responsible for origination, analysis, structuring, execution and monitoring of its O&G investments. He joined Denham in 2014.

Prior to joining Denham, James was an Associate in the Energy Private Equity Group at Avista Capital Partners and an Analyst in the Global Energy Group at Morgan Stanley.

He currently serves on the Board of Directors of Atlantic Resources, Clear Creek, Covey Park, Tall City II, Ursa Resources II and multiple mineral platforms. James earned a Bachelor of Science in Engineering from Texas A&M University.

Steven Smith

Director

Steven Smith is a Director, responsible for origination, analysis, structuring, execution and monitoring of investments for the O&G Deal Team. He joined Denham in 2011.

Prior to joining Denham, Steven was an Analyst in the Energy Investment Banking Group of Evercore Partners and an Analyst at GulfStar Group. He currently serves on the Board of Directors of COG Energy, Fairway Resources III, Greene’s Energy Group, Outrigger Energy. WhiteWater Midstream, and Rockies Resources.

Steven graduated cum laude with a Bachelor of Business Administration in Finance, Texas A&M University.

Anil Pillai

Vice President

Anil Pillai is a Vice President at Denham Capital, responsible for analysis, structuring, execution and monitoring of its O&G investments.

Prior to joining Denham in 2014, Anil was an Analyst in the Energy Investment Banking Group of Jefferies LLC.

He currently serves on the Board of Directors of multiple Denham portfolio companies. Anil earned a Bachelor of Business Administration in Finance and Economics from The University of Texas at Austin.

Zac Query

Vice President

Zac Query is an Associate, responsible for financial modeling, execution and monitoring of investments.  He joined Denham Capital in 2016.

Prior to joining Denham, Zac was an Analyst in the Energy Investment Banking Group of Evercore Partners and an Analyst in the Energy Investment Banking Group of Raymond James.

Zac earned a Bachelor of Science in Mechanical Engineering with a second major in Economics from Washington University in St. Louis.  He graduated magna cum laude.

Cole Parsons

Associate

Cole Parsons is an Associate, responsible for financial modeling, execution and monitoring of investments.  He joined Denham Capital in 2018.

Prior to joining Denham, Cole was an Analyst in the Energy Investment Banking Group of Tudor, Pickering, Holt & Co.

Cole earned a Bachelor of Science in Business Administration in Finance and Honors College Degree from Oklahoma State University and a University Diploma in Management from the Université de Limoges. He graduated summa cum laude.

Caroline Petersen

Associate

Caroline Petersen is an Associate, responsible for financial modeling, execution and monitoring of investments. She joined Denham Capital in 2017.

Prior to joining Denham, Caroline was an Associate in the Global Natural Resources Group of the Investment Banking Division of Barclays, where she focused on the oil and gas industry.

Caroline earned a Master of Real Estate and Bachelor of Business Administration in Business Honors at Texas A&M University. She graduated summa cum laude.

Artur Shikhaleev

Associate

Artur Shikhaleev is an Associate, responsible for financial modeling, execution and monitoring of investments. He joined Denham Capital in 2018.

Prior to joining Denham, Artur was an Analyst in the Energy Investment Banking Group of Jefferies LLC.

Artur earned a Bachelor of Science in Economics with a second major in Statistics from Duke University. He graduated cum laude.

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Recent Sector News

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  • Covey Park Announces Acquisition

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