Prior to joining the Halcon team, Richard was the CEO of Ajax Resources, LLC (Ajax). Ajax was a private equity backed company that most recently sold its assets in the Northern Midland Basin to Diamondback Energy, Inc. for a total consideration of $1.24B. The sale consisted of 25,500 acres in the Northern Midland Basin and closed on October 31st, 2018. The valuation represented a 12.2x LQA EBITDA and ~$33,500 / net adjusted acre generating a rate of return of ~37% for its investors.
Prior to joining the Ajax team, Richard was the Vice President over the Southern Division at EP Energy Company. In this capacity, he was responsible for the regions including the Permian Basin, South Texas, Gulf of Mexico, and the Texas and Louisiana Gulf Coast. Over time, EP Energy concentrated its asset base down to three main operating areas. Richard’s primary area of focus was in the Permian basin.
Richard joined El Paso Exploration and Production in October 2007 as Reservoir Engineering Manager over the South Texas and the Gulf Coast regions. He joined the El Paso team as a result of the acquisition of Peoples Energy Production. He was later promoted to Director over the assets in the Southern region including the Gulf of Mexico. In 2012, Richard was promoted to Vice President over the Southern US Division for EP Energy LLC. Prior to joining El Paso Exploration and Production, he was a Senior Staff Asset Engineer with People’s Energy Production.
In prior roles, Richard worked as a petroleum engineering consultant with Holditch and Associates, Inc. where he worked both domestically and internationally in reservoir, production, and completions as well as acquisitions & divestitures. Prior to that he worked for Halliburton where he was primarily focused on well stimulation design and execution.
In total, Richard has over 23 years of industry experience.
Richard received a Bachelor of Science degree in Petroleum Engineering from Texas A&M University in 1995 and later received his professional engineer’s license in 2002.
He is an active member of the Society of Petroleum Engineers, the American Petroleum Institute, and the Independent Petroleum Association of America.
David S. Elkouri serves as Executive Vice President and Chief Legal Officer. Mr. Elkouri served as Executive Vice President, General Counsel and Secretary of Petrohawk Energy Corporation from 2007 until BHP Billiton acquired Petrohawk in August 2011. He also served as Chief Ethics Officer and Insider Trading Compliance Officer of Petrohawk. From 2004 to 2007, he served as lead outside counsel for Petrohawk. Prior to that, Mr. Elkouri served as lead outside counsel for 3TEC Energy Corporation from 1999 to 2003. He also served as lead outside counsel for Hugoton Energy Corporation from 1994 to 1998. Mr. Elkouri is a co-founder of Hinkle Law Firm LLC where he practiced for 20 years prior to joining Petrohawk. Mr. Elkouri is a graduate of the University of Kansas School of Law where he served as a Research Editor of the Kansas Law Review.
Jon C. Wright serves as Executive Vice President and Chief Operating Officer. Mr. Wright served as W. Rockies Operations Manager at Newfield Exploration from 2009 to 2012. Mr. Wright also served as Lead, Production for W. Oklahoma and Lead, Drilling for Woodford Shale from 2005 to 2009. Prior to that, Mr. Wright was a Sr. Drilling Engineer at BP from 2004 to 2005. He also served as Drilling Engineer from 2001 to 2004. From 1997 to 2001, he held various drilling positions for CONOCO. Mr. Wright graduated from Texas A&M University with a Bachelor of Science degree in Petroleum Engineering and went on to earn his Master of Business Administration degree from Rice University.
Ragan T. Altizer serves as Executive Vice President, CFO and Treasurer. Mr. Altizer joined Halcón in July 2019. He has more than 30 years of experience as a financial leader in a variety of industries. Prior to joining Halcón, he served as a the Chief Financial Officer of Ajax Resources, LLC (“Ajax”), from October 2015 until it sold substantially all of its assets to Diamondback Energy, Inc. in October 2018. From 2015 to 2018, he served as the US Regional CFO and Global Controller for Hill+Knowlton Strategies. He began his career in Houston with Cooper & Lybrand’s audit practice serving a number of E&P and oilfield services clients and later served as Corporate Controller and Treasurer for Brooklyn Union Gas Company’s upstream operations. Mr. Altizer graduated from Texas A&M University with a Bachelor of Business Administration degree in Accounting. Mr. Altizer is a Certified Public Accountant in the State of Texas.
Leah R. Kasparek serves as Senior Vice President, Human Resources and Administration. Prior to joining Halcón in February 2012, Ms. Kasparek held numerous Human Resources leadership positions across multiple industries including oil and gas, utilities and manufacturing. Ms. Kasparek served as Director of Human Resources at Southwestern Energy from 2009 to 2012. She served as Vice President of Human Resources for CenterPoint Energy over the Regulated Operations Division from 2004 until 2008. Ms. Kasparek was employed in 1996 by Anheuser-Busch Companies and served as Vice President of Human Resources for the Anheuser-Busch Packaging Group from 2001 until 2004. Ms. Kasparek holds a Bachelor of Arts degree from the University of Louisiana at Lafayette and earned a law degree from the University of Houston Law Center.