![]() The takeover increases Verdun’s operated well county by 128 wells and creates economies of scale for more efficient development of the combined resource base. Verdun Oil Company has taken over Protégé Energy III’s Eagle Ford assets located in Dimmitt and Atascosa Counties. The acquisition includes production from over 950 operated wells across 110,000 net acres and further cements Verdun’s position as the premier mid-size Operator in the trend. Verdun Oil Company closed on the acquisition of EP Energy, with assets located primarily in LaSalle County, TX. LaGrega received a BS in Petroleum Engineering from the University of Texas at Austin after spending two years at the United States Military Academy at West Point. LaGrega served as a Reservoir Engineer on the Asset Development Team before eventually transferring into ChevronTexaco’s drilling department. ![]() After the merger between Chevron and Texaco to form ChevronTexaco, Mr. LaGrega started his career as a Production and Completion Engineer in Midland, TX for Texaco where he optimized operations and production across a multitude of different asset types from deep, depletion-drive gas reservoirs to primary, secondary and tertiary-recovery oil reservoirs. LaGrega drilled a wide variety of wells including deep, HPHT gas wells, multi-laterals in the Devonian Chert, vertical wells in Midland Basin’s Sprayberry and Wolfcamp trend, and also cased-hole horizontals targeting the Delaware Basin’s many unconventional reservoirs. During his tenure in the Midland Division, Mr. ![]() In addition to his extensive experience in the Eagle Ford Shale, he spent five years in the Permian Basin as part of EOG’s Midland Division. LaGrega was employed by EOG Resources Inc and served as the Drilling Manager in the San Antonio Eagle Ford region where he drilled in excess of 2,000 wells and helped pioneer new drilling techniques which have become industry standard practice today. Jason LaGrega is the Chief Operating Officer of Verdun Oil Company and has 24 years of experience in the oil and gas industry. Nein received a BS in Chemical Engineering from the University of Wyoming and a Master of Business Administration from the University of Texas-PB. Nein started his career as a Production and Reservoir Engineer in Midland, TX and spent over six years working the various sub-basins of the Permian Basin for Texaco and Conoco followed by three years in the Gulf of Mexico working as Reserves Manager / Engineer for Bois d’Arc Energy. Nein was the Director of Hilcorp’s New Ventures group and was responsible for the evaluation and entry recommendations for resource plays across the Lower 48 and Canada, highlighted by the company’s 2009 entry into the Eagle Ford Shale and 2011 exit via divestment to Marathon Oil Company for $3.5 billion. Region and was responsible for developing the Utica Shale with a gross operated budget of over $300 million for both 20. Nein was employed by Hilcorp Energy Company and served as the Area Manager (ATL) for the Northeast U.S. Tim Nein is the President and CEO of Verdun Oil Company and has 23 years of experience in the oil and gas industry.
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