We are an aggressive, growth-oriented oil and gas exploration and production company with a proven track record as an early-mover in Mid-Continent resource plays. Our focus is to build a premier asset base in the Mid-Continent utilizing our unique competitive advantages to create value for our partners, investors, land owners and royalty owners. We are proudly backed by NGP Energy Capital Management, one of the largest and most reputable private equity sponsors in the energy industry.
The pioneer spirit of the historic Land Rush of 1889 is the inspiration for our company name, 89 Energy. On April 22, 1889, at high noon an estimated 50,000 people from all parts of the world rushed on horseback, covered wagons and some on foot to claim their share of some two million available acres located in the “Unassigned Lands” in central Oklahoma. To learn more about this historic event, please click here.
President and Chief Executive Officer
John-Mark Beaver is the President and Chief Executive Officer of 89 Energy. Prior to 89 Energy, he served as Chief Operating Officer of American Energy – Non-Op, LLC (AENO) and American Energy – Minerals, LLC (AEMN). Mr. Beaver led AENO since its inception and focused the deployment of AENO’s $500 million capital commitment in the SCOOP and STACK plays located in southern and central Oklahoma. Previously, Mr. Beaver served as Director of Land at SandRidge Energy and began his career at Chesapeake Energy. Mr. Beaver has a Bachelor of Science in Business Administration from Southern Nazarene University and an MBA from the University of Oklahoma.
Chief Financial Officer and Vice President
Trey Murdock is the Chief Financial Officer and Vice President of 89 Energy. Prior to 89 Energy, Mr. Murdock served as Director, Finance, Acquisitions and Divestitures at American Energy Partners, LP (AELP), leading a multi-disciplined team. Previously, Mr. Murdock served as Vice President with Citi’s Global Energy Group, covering the upstream sector and as Vice President with RBC Capital Markets. During his tenure as an investment banker Mr. Murdock played an integral lead role in multiple public offerings of debt and equity, public mergers and advisory assignments. Mr. Murdock has a Bachelor of Business Administration with a concentration in International Economics from Marshall University and an MBA from Baylor University.
Vice President, Engineering and Evaluations
Ryan Rickett is the Vice President of Engineering and Evaluations of 89 Energy. Prior to 89 Energy, he served as Director of Engineering at AENO and AEMN, where he led the engineering and evaluation oversight in building out AENO and AEMN’s asset base primarily focused in the SCOOP and STACK. Previously, Mr. Rickett was with Devon Energy serving in increasing roles of responsibility in reservoir, drilling, completions and production engineering as well as marketing and midstream. These roles were focused in the Barnett, Rockies and Midland / Delaware Basins where he was heavily involved in the technical design and optimization of horizontally exploiting these plays. Mr. Rickett has a Bachelor of Science in Petroleum Engineering from Montana Tech and Master of Science in Energy Management from Oklahoma City University.
Vice President, Geoscience
Kyle Shipley is the Vice President of Geoscience of 89 Energy. Prior to 89 Energy, he served as Geoscience Manager and Exploration Manager at Chesapeake Energy leading a staff of geologists, geophysicists and other geoscience professionals focused on new play concepts and reservoir characterization in proven plays with the goal of optimizing well spacing, targeting and completion designs in the Mid-Continent and Appalachian Basin. Previously, Mr. Shipley served in various leadership roles at Chesapeake Energy with an emphasis on new ventures, reservoir characterization, onshore US unconventional resource and source rock play studies and Mid-Continent development. Mr. Shipley has a Bachelor of Science in Geology from Purdue University and a Master of Science in Geology from New Mexico State University.
Vice President, Land
Tyler Beaver is the Vice President of Land of 89 Energy. Prior to 89 Energy, he served as the Director of Land at AENO, where he led a land team who built AENO’s portfolio of roughly 25,000 acres across over 750 sections of land in the SCOOP and STACK plays of Oklahoma. Prior to AENO, Mr. Beaver worked for Chesapeake Energy in increasing roles of responsibility and was the initial landman working the Eagle Ford play for Chesapeake Energy, eventually leasing and managing the development of 80,000 acres. Mr. Beaver’s prior areas of focus included start-up land efforts, leasing and development in the East Texas Haynesville and Cotton Valley. Mr. Beaver earned a Bachelor of Science in Business Administration from Southern Nazarene University.
Vice President, Operations
James Head is the Vice President of Operations of 89 Energy. Prior to 89 Energy, he served as Senior Engineer at Le Norman Operating overseeing the drilling and completion design and execution of a peak five rig development program in the Anadarko Basin. Previously, Mr. Head served in production, completion and drilling roles at Chesapeake Energy during a period when the company was the nation’s most active horizontal driller in the continental US. His primary areas of responsibility at Chesapeake Energy were focused in the Haynesville Shale and various unconventional Anadarko Basin plays. Mr. Head holds a Bachelor of Science in Petroleum Engineering from the University of Missouri-Rolla.
89 Energy’s team has extensive exploration, development and operating experience with the leading oil and gas independents who pioneered the unconventional resource revolution.