Jagged Peak was formed in April 2013 by an affiliate of Quantum Energy Partners, a leading energy private equity firm that has managed more than $11 billion of equity commitments since 1998, and key members of our management team. Our management and technical teams, which have extensive engineering, geoscience, land, marketing and finance capabilities, are led by Joseph N. Jaggers, an industry veteran with over 35 years of experience growing oil and natural gas operations. Mr. Jaggers and his teams have a proven track record of achieving significant production and reserve growth in unconventional plays in the United States, including at Ute Energy, LLC, where Mr. Jaggers served as President and Chief Executive Officer, and at Bill Barrett Corporation, where he served as President and Chief Operating Officer.
- Safety Environment
- Innovation & Collaboration
OUR PREMIER ACREAGE POSITION
Our acreage is located on large, contiguous blocks in the adjacent counties of Winkler, Ward, Reeves and Pecos, with significant original oil-in-place within multiple stacked hydrocarbon-bearing formations. We are focused on increasing stockholder value by (i) growing production and reserves through the development of our multi-year inventory, (ii) expanding and improving the resource potential of our existing acreage position and (iii) growing our acreage position through acquisitions and leasing efforts.
EXPERIENCED MANAGEMENT TEAM
We intend to maintain a conservative capital structure and preserve financial flexibility while looking to fund growth with cash flow and our revolver. We will look to allocate capital to achieve strategic objectives and maximize returns to our shareholders.