Partner
Kel majored in Finance and graduated Magna Cum Laude with a B.B.A.
from Stephen F. Austin State University in 1980.
Kel served in various positions from Landman/Scout to Vice President of
Land and Business Development covering Louisiana, Mississippi,
Alabama and the Gulf of Mexico during his employment with Mobil Oil
Exploration & Producing Southeast Inc. (1980-1988), Hall-Houston Oil
Company (1988-2002) and its successor by merger, Energy Partners,
Ltd. (2002-2003). In 2003, Kel started a consulting company through
which he rendered business planning, development, management and
trade negotiation services for various start-up onshore (Oklahoma) and
Gulf of Mexico enterprises. His primary client was Englehart Energy, Inc.,
a Gulf of Mexico prospect generation and consulting firm. He joined
GoMex in early 2008.
Kel’s 28 years of experience has focused on planning, negotiating,
drafting documentation for, implementing and administering transactions
related to the acquisition, exploration, development, production,
divestiture and abandonment of oil and gas properties onshore and
offshore Gulf of Mexico. Among the approximately 775 trade agreements
Kel has created and administered are: prospect generation agreements;
lease sale bidding agreements; farmouts; participations; purchases and
sales of real properties, platforms, pipelines and facilities; production
handling agreements; operating agreements; turnkey drilling contracts;
wetland remediations; unitizations; seismic licenses; confidentiality
agreements; pipeline right-of-ways; and alliances for work from prospect
generation to field abandonments. Kel has created and/or administered
approximately 2000 oil and gas leases, and managed the acquisition or
sale of approximately 200 offshore producing blocks. Much of the
aforementioned work was performed in conjunction with Kel’s direction of
unprecedented projects such as (i) the first petition for forced integration
with risk compensation in the State of Mississippi, (ii) the establishment of
seismic licensing alliances with success-based compensation
arrangements, and (iii) the acquisition of a platform and associated
facilities under a contract with the MMS pursuant to a third party’s
forfeiture of a supplemental bond in the federal waters of the Gulf of
Mexico. Kel has acquired seismic licenses or access to approximately
4,000 blocks of 3D seismic data, conducted approximately 450 prospect
presentations, and generated personal overriding royalty interests in
approximately 35 OCS leases. Further, Kel has created onshore and
offshore exploration and/or development programs in which he or his
family trusts participate.