Acquisitions & Divestitures

While it’s important for a new E&P to stick to its strategy, market turmoil like recently experienced “makes you question your strategy sometimes,” says Doug Krenek, president of Chalker Energy Partners III.

“Times like now can make you question your strategy and cause you to do things you wouldn’t normally do and put you in places you may not be as good as you need to be. Stick to the strategy, have patience, and have a good team to back up what you say.”

Krenek spoke at Oil and Gas ...