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Energy XXI is an independent oil and natural gas development and production company which has historically focused on development drilling on our core properties to enhance production and ultimate recovery of reserves, supplemented by strategic acquisitions from time to time. Our acquisition strategy has historically been to target mature, oil producing properties on the Gulf of Mexico Shelf and the U.S. Gulf Coast that have not been thoroughly exploited by prior operators. The Company`s properties are located on the U.S. Gulf Coast or on the Gulf of Mexico Shelf and we currently operate 91% of our proved reserves. Our geographic concentration on the Gulf of Mexico Shelf enables us to manage our operated fields efficiently and our high number of wellbore locations provides diversification of our production and reserves. By having operations in a geographically concentrated area, we can optimize and more efficiently service our operations. At March 31, 2017 our total proved reserves were 109.4 MMBOE of which 80% were crude oil and 71% were classified as proved developed reserves. We operated or had an interest in 616 gross producing wells on 439,294 net developed acres, including interests in 57 producing fields. We believe operating our assets is a key to our success and approximately 91% of our proved reserves are on properties operated by us.
Harry Paul Weitzel, also known as Hap, has been Senior Vice President and Secretary of Enterprise Products Holdings LLC, General Partner of Enterprise Products Partners L.P. since January 5, 2015 and has been its General Counsel since April 2016. Mr. Weitzel is responsible for all legal functions of the Company, including securities, litigation, employment, mergers and acquisitions and commercial transactions. He has extensive experience as a commercial litigation partner with several firms and at Pepper Hamilton in Irvine, California. His area of practice is in civil trials and arbitrations in which he has successfully represented individual, corporate and governmental clients as plaintiffs and defendants. Mr. Weitzel has extensive experience as a commercial litigator, having practiced over 24 years in Texas and California. He served as Deputy General Counsel of Enterprise Products Holdings LLC from January 2015 to April 2016. Mr. Weitzel has tried cases in state and federal courts, as well as arbitrations under the AAA, JAMS and the ICC. He has handled appeals in state and federal courts. Prior to joining Enterprise, he was a commercial litigation partner with Pepper Hamilton LLP in Irvine, California from October 2009 to December 2014. He has been a Director of Enterprise Products Holdings LLC, General Partner of Enterprise Products Partners L.P. since November 7, 2016. Mr. Weitzel earned a Bachelor of Arts degree in Political Science from Texas Christian University and JD from Harvard Law School.
Torco International Corporation is a Rancho Cucamonga, CA-based company in the Energy and Utilities sector.
DCP Midstream, LLC, is a private company jointly owned by Phillips 66 and Spectra Energy, with headquarters in Denver, Colo. DCP Midstream leads the midstream segment as the largest producer of natural gas liquids and the largest natural gas processing company in the U.S., with an enterprise value of $11 billion. DCP Midstream is the largest oil and gas company in Denver, as ranked in the Denver Business Journal in 2015. DCP Midstream also operates its wholesale propane business segment under the name Gas Supply Resources. DCP Midstream operates primarily in 16 states: Alabama, Arkansas, Colorado, Kansas, Maine, Massachusetts, Michigan, New Hampshire, New Mexico, New York, Oklahoma, Pennsylvania, Texas, Vermont, Virginia, and Wyoming. The DCP Midstream enterprise owns or operates gathering and processing systems in major basins and a major wholesale propane business in the northeastern U.S. Its gathering systems and processing plants are connected to multiple interstate and intrastate natural gas pipelines. The DCP enterprise owns or operates 61 plants, 12 fractionating facilities and approximately 64,300 miles of NGL, gathering and transmission pipeline (stats YTD as of September 2016). The DCP enterprise gathers and/or transports more than 6.7 trillion British thermal units per day of natural gas and produces approximately 400,000 barrels per day of NGLs.* The DCP enterprise has 2,700 employees across the U.S. We’re deeply invested in career development for the long term. We offer competitive compensation and broad benefits including 401K match, wellness focused medical, tuition reimbursement, employee-matching charitable gifts and much more!
Vesco Oil Corporation is a Southfield, MI-based company in the Energy & Utilities sector.