Topic: “The Anatomy of a Restructuring: Samson Resources II, LLC”
Joseph A. Mills is an accomplished, results-driven CEO and Board Member with a history of success throughout the entire oil and gas industry business lifecycle, from startups to managing large publicly traded E&P and Midstream companies. Mr. Mills has extensive industry experience in the Mineral, Upstream and Midstream industries.
In February 2017, Mr. Mills was appointed as the President and Chief Executive Officer of Samson Resources II, LLC (“Samson”). Samson is a privately held E&P company with over 490,000 net acres and producing assets located in East Texas/North Louisiana, the Powder River Basin and the Green River Basins of Wyoming. Mr. Mills will lead the strategic and operational direction of the Company to maximize shareholder value and exploit the large resource base of the Company.
Mr. Mills formerly served as the Chairman and Chief Executive officer of Eagle Rock Energy Partners, where he was responsible for managing and creating the strategic direction and vision of the Company and managing its growth as an E&P and Midstream Master Limited Partnership (MLP). Mr. Mills led the successful sale of Eagle Rock’s midstream business for over $1.34 Billion to Regency Energy Partners in 2014 and then led the sale and merger of the Partnership to Vanguard Natural Resources in October, 2015 for total consideration of $605 MM.
Prior to Eagle Rock Energy Partners, Mr. Mills was the Founder and Chief Executive Officer of Montierra Minerals and Production, L.P. (a portfolio company of Natural Gas Partners). Mr. Mills was responsible for the formation of the partnership and led the successful acquisition of oil and gas fee mineral properties and non-operated working interest assets across the United States. Mr. Mills sold the assets of the company for $136 MM to Eagle Rock Energy Partners in May 2007 which then Mr. Mills became Chairman and CEO of Eagle Rock Energy Partners.
Prior to Montierra, Mr. Mills served as SVP of Operations for Black Stone Minerals Company, L.P. and as the Senior Vice President of M&A/GOM for El Paso Production Company. Mr. Mills served in various leadership positions at El Paso Production Company where he led the acquisition and divestiture activities for El Paso Production Company as well as managing the development and production operations of the GOM Business Unit. Mr. Mills began his professional career with Sonat Exploration Company, where he managed all facets of the exploration, drilling and production activities in the Gulf of Mexico, Permian Basin and Mid-Continent regions.
Mr. Mills holds an MBA, Finance, from the University of Houston and a BBA, Petroleum Land Management, from the University of Texas, Austin. He currently serves on the University of Houston Energy Advisory Board and on the Houston Producers Forum Board. Mr. Mills has served on the Board of Directors of Eagle Rock Energy Partners, L.P. (NASDAQ: EROC), CUI Global, Inc., (NASDAQ: CUI); the Texas Alliance of Energy Producers and the Texas Pipeline Association.