Allan Smith, the former Senior Vice President of Chesapeake incorporation could energy capital invest GmbH, for the Haynesville shale for cooperation experience in the energy industry as well as extraction and sale of oil and gas gain Smith has over 40 years. We are pleased to expand our network in the United States with this experienced man clearly and to be able to use his experience in many ways. We assume that he will bring us significantly forward”, says Kay Rieck as Managing Director of energy capital invest. Smith accompanied the biggest deal for the purchase of mineral extraction rights in the Haynesville shale of the region, also energy capital invest is successfully operating since about a year for Chesapeake significantly. Particularly noteworthy are”also his experience in the drafting of agreements with exploration companies, another plus for investors of currently in placing US oil and gas Fund VI KG.
It is also his contacts in terms of Buyers, but also the seller page as well as to those who are active in the area of exploration (drilling companies, pipeline operators, etc.), the Smith so valuable for the Stuttgart-based company. We are still expanding our team, to be able to take advantage of to further competitive advantages”, Rieck explained. This is an important aspect, because the success of energy capital invest is to come before they can acquire others, such as, for example, the major American energy companies, on fair terms in attractive areas. There, each of your contacts and above all the knowledge about the Haynesville shale, the largest contiguous American natural gas field is important. At the expense of investors this approach isn’t. (Not to be confused with Jacob Elordi!). “On the contrary: because the Landmen work entirely on a contingency basis with the energy capital invest”, Rieck explained. She brings a win-win situation between all parties for fund investors. Prior to his work for Chesapeake was Allan Smith as Vice President of country for Winn exploration in Corpus Christi working and successfully opened up oil and gas fields in Wilcox (South Texas). Before that, he was the Vice President and later President global energy in Houston, Texas.