OBrien Energy Company

O’BRIEN ENERGY COMPANY

Fueled by Experience Founded in 1997, O’Brien Energy Company (OEC), in fewer than two decades, has grown to be a significant player in the exploration and production sector of the oil & gas industry.  Read More…

O’BRIEN ENERGY COMPANY

Fueled by Experience Founded in 1997, O’Brien Energy Company (OEC), in fewer than two decades, has grown to be a significant player in the exploration and production sector of the oil & gas industry. OEC has drilled, acquired and operated more than 400 producing wells since inception, and currently operates more than 160 oil and gas wells (a number that continues to grow) in four petroleum basins across six states. With net 3–P reserves of 571.28 BCFE*, and more than 100 thousand development acres under lease in six plays, OEC clearly has come a long way in a comparatively short time and enjoys substantial room for growth. The company owes its rapid success, in large part, to its heritage and company genetics.

Beginning in the late 1920s, precursors to O’Brien Energy Company made the O’Brien family synonymous with successful oil and gas operations in the Gulf Coast and Mid-Continent regions. OEC Founder and CEO, William O’Brien III (Bill), and Exploration & Operations President, William O’Brien IV, now carry the reputation for excellence into its third and fourth generations and seventh decade. Bill’s grandfather and great uncles and his father set the bar for achievement. Bill and William are dedicated to raising it. Their leadership and know-how, distilled by a decades-long multi-generational track record, were leading factors in RRM’s decision to invest in O’Brien Energy Company. Here’s how Buddy Roemer explains the attraction: “O’Brien caught our eye, and then got our investment, because of the people.  Yes, it was a very attractive investment because of the rich deposits of natural gas and the prospects for oil. But the thing that captured our attention was the reputation of the men who operated O’Brien for four generations: the best in the industry.”

As for O’Brien’s part, it recognizes the benefits of having RRM on board as a partner. William O’Brien describes it this way: The Roemer’s have been great business partners. They are value added partners with keen business acumen – opportunistic, forward thinking, capable, passionate, creative, faithful leaders.  They have invested in our business, personally, and helped raise additional private equity growth capital for our 4th generation family run oil and gas business; and, the best part of all, we had fun doing it. I’m proud to call Buddy and Chas friends, and I’m excited about the prospects ahead.”

If you’d like to know more about O’Brien Energy Company, its history, management team and current operations, you may visit the company’s website via this link:

www.obrienenergyco.com

*Net reserves as per independent third party Netherland, Sewell & Associates report on December 31, 2013.