Haynesville Shale-focused Aethon Energy Operating LLC is filling out its executive suite with new hires.
Dallas-based Aethon—one of the nation’s largest privately held natural gas producers—tapped Andrea Wescott Passman as COO, the company announced Aug. 24.
Passman was COO at Denver-based Caerus Oil & Gas, which operates in the Piceance and Uinta basins. Before Caerus, she worked in engineering and operational roles at Pennsylvania-based natural gas company CNX Resources Corp. Passman also held planning and project management roles at Halliburton and Greenshale Energy.
Aethon announced tapping Kang Chen as chief information officer. Chen was manager of digital and IT for ConocoPhillips Lower 48. He joined ConocoPhillips through its acquisition of Concho Resources, where he was vice president and CIO. He previously held roles at LyondellBasell and Deloitte.
Kat Lyles joined Aethon as general counsel, bringing 15 years of corporate, tax and legal experience. Lyles was assistant general counsel and regulatory manager at Merit Energy Co.
In addition to outside hires, Aethon promoted Preston Phillips to chief commercial officer. Phillips joined Aethon in 2002 and was senior vice president of A&D and commercial. He previously worked in marketing and sales for Texas Instruments.
“We are thrilled to welcome Andrea, Kang and Kat to our team, and to elevate Preston in recognition of his significant contributions to Aethon over more than 20 years,” said Albert Huddleston, Aethon partner and CEO, in a news release.
“Aethon is well-positioned to play a more significant role in accelerating the energy transition, and I am excited to partner with our growing leadership team in delivering our goal of net-zero natural gas from wellhead to electron,” added Gordon Huddleston, partner and president.
Aethon has about 350,000 net acres under lease; the company’s gross operated production was approximately 2.7 Bcfe/d as of March.
Recommended Reading
CEO: Continental Adds Midland Basin Acreage, Explores Woodford, Barnett
2024-04-11 - Continental Resources is adding leases in Midland and Ector counties, Texas, as the private E&P hunts for drilling locations to explore. Continental is also testing deeper Barnett and Woodford intervals across its Permian footprint, CEO Doug Lawler said in an exclusive interview.
CNX, Appalachia Peers Defer Completions as NatGas Prices Languish
2024-04-25 - Henry Hub blues: CNX Resources and other Appalachia producers are slashing production and deferring well completions as natural gas spot prices hover near record lows.
Equinor Says EQT Asset Swap Upgrades International Portfolio
2024-04-30 - Equinor CFO Torgrim Reitan says the company’s recent U.S. asset swap with EQT Corp. was an example of the European company “high-grading” its international E&P portfolio.
Barnett & Beyond: Marathon, Oxy, Peers Testing Deeper Permian Zones
2024-04-29 - Marathon Oil, Occidental, Continental Resources and others are reaching under the Permian’s popular benches for new drilling locations. Analysts think there are areas of the basin where the Permian’s deeper zones can compete for capital.
ConocoPhillips: Permian Basin a ‘Growth Engine’ for Lower 48
2024-05-15 - ConocoPhillips views the Permian Basin as a “growth engine” within its Lower 48 portfolio, the company’s Midland Basin Vice President Nick McKenna said during Hart Energy’s SUPER DUG event in Fort Worth.