Prior to joining the Battalion Oil team, Mr. Little was the CEO of Ajax Resources, LLC (Ajax). Ajax was a private equity backed company that most recently sold its assets in the Northern Midland Basin to Diamondback Energy, Inc. for a total consideration of $1.24B. The sale consisted of 25,500 acres in the Northern Midland Basin and closed on October 31st, 2018. The valuation represented a 12.2x LQA EBITDA and ~$33,500 / net adjusted acre generating a rate of return of ~37% for its investors.
Prior to joining the Ajax team, Mr. Little was the Vice President over the Southern Division at EP Energy Company. In this capacity, he was responsible for the regions including the Permian Basin, South Texas, Gulf of Mexico, and the Texas and Louisiana Gulf Coast. Over time, EP Energy concentrated its asset base down to three main operating areas. Mr. Little’s primary area of focus was in the Permian basin.
Mr. Little joined El Paso Exploration and Production in October 2007 as Reservoir Engineering Manager over the South Texas and the Gulf Coast regions. He joined the El Paso team as a result of the acquisition of People’s Energy Production. He was later promoted to Director over the assets in the Southern region including the Gulf of Mexico. In 2012, Mr. Little was promoted to Vice President over the Southern US Division for EP Energy LLC. Prior to joining El Paso Exploration and Production, he was a Senior Staff Asset Engineer with People’s Energy Production.
In prior roles, Mr. Little worked as a petroleum engineering consultant with Holditch and Associates, Inc. where he worked both domestically and internationally in reservoir, production, and completions as well as acquisitions & divestitures. Prior to that he worked for Halliburton where he was primarily focused on well stimulation design and execution.
In total, Mr. Little has over 23 years of industry experience.
Mr. Little received a Bachelor of Science degree in Petroleum Engineering from Texas A&M University in 1995 and later received his professional engineer’s license in 2002.
He is an active member of the Society of Petroleum Engineers, the American Petroleum Institute, and the Independent Petroleum Association of America.
What is Richard H. Little's net worth?
The estimated net worth of Richard H. Little is at least $183,221.00 as of June 9th, 2022. Mr. Little owns 34,570 shares of Battalion Oil stock worth more than $183,221 as of April 23rd. This net worth estimate does not reflect any other assets that Mr. Little may own. Learn More about Richard H. Little's net worth.
How do I contact Richard H. Little?
Has Richard H. Little been buying or selling shares of Battalion Oil?
Richard H. Little has not been actively trading shares of Battalion Oil during the past quarter. Most recently, on Thursday, June 9th, Richard H. Little bought 1,000 shares of Battalion Oil stock. The stock was acquired at an average cost of $14.58 per share, with a total value of $14,580.00. Following the completion of the transaction, the chief executive officer now directly owns 34,570 shares of the company's stock, valued at $504,030.60. Learn More on Richard H. Little's trading history.
Who are Battalion Oil's active insiders?
