Randy Holt, PE as President & COO – brings more than 34 years of
experience to CPX in all facets of upstream operations, working with both major
public companies and private independents. Most recently Randy
has gained experience drilling horizontal Wolfcamp wells in the Delaware Basin
while building invaluable relationships with highly experienced local drilling
and completion consultants and contractors. A core
value for CPX, in all Basins, is finding the best consultants before executing.
Prior to this recent Delaware work Randy was VP of
Operations at Petro Harvester Oil & Gas, LLC, a portfolio
E&P company of TPG Capital where he directed all of the company’s Gulf
Coast operations, helping grow the value of the company’s asset base to more
than $400 million and gross production of 6,500 boe/d in three years.
Prior to joining Petro Harvester, Randy was
Engineering Manager for Citrus Energy Corporation where he led all efforts to
drill, complete and produce the company’s acreage position in the Marcellus
Shale starting with the first wells staked to production of more than 100,000
Mcf/d and value of $450 million. Before joining Citrus, Randy had held a number
of key management positions at Denbury Resources, Inc., including development
of Denbury’s CO2 production at Jackson Dome; Asset Manager over the company’s
Barnett Shale development; and finally as Drilling Manager where he founded the
company’s drilling department.
Randy’s career began at the upstream division of
Sun Oil Company, which later became Oryx Energy. He obtained his B.S. in
Petroleum Engineering from Texas Tech University and is a licensed Professional
Engineer in the State of Texas.