Storm Peak Energy, LLC is a Midland, Texas based independent oil and natural gas company formed for the purpose of exploiting low risk reserve development opportunities in the Permian Basin of West Texas and Southeast New Mexico. The company seeks to identify and capture undeveloped reserves in proven productive trends with remaining drilling potential. Opportunities are typically accessed through acquisition of producing properties, leasing, industry partnerships as well as other creative means which accommodate the goals of both sides of an agreement. Balance and diversification is a key part of our strategy so we are continually looking for new opportunities. Storm Peak Energy has considerable operating capability and prefers to act as operator in most cases. The company relies on new ideas, new technology, a broad industry network, prudent engineering and some plain old hard work to meet our objectives.
Storm Peak Energy was formed by the partnership of its Management Team and TPH Partners. The management of Storm Peak is conducted by three owners whom collectively have over 77 years of Permian Basin experience. All have proven track records for value growth with experience in property acquisition, exploration, operations and management. The company is capitalized by the investment of the Management Team and TPH Partners. TPH Partners is the private equity business of Tudor, Pickering, Holt & Co. TPH Partners is a Houston-based energy private equity group that makes middle-market equity investments in the upstream, midstream and oilfield services sectors of the energy industry, seeking attractive entry points into businesses with proven management teams that provide long-term growth potential. The company is guided by a Board of Directors that include representation from both Management and TPH Partners.