Davis Offshore L.P. engages primarily in the business of natural gas and
oil exploration and production in the Outer Continental Shelf of the Gulf
of Mexico. Davis Offshore believes the current environment in the Deepwater
Gulf offers an excellent opportunity for medium to smaller sized indepentents.
Under the guidance and leadership of Davis
Petroleum Corp., Davis Offshore L.P. expects to extend these successes
into larger stakes exploration and production opportunities. Davis Offshore
is focused on generating exploration and exploitation prospects offshore
Louisiana in depths of 500 to 6,000 feet of water. The presence of existing
and emerging production facilities and infrastructure in this area improves
the economics of prospecting for these potentially huge reserve targets.
Davis Offshore, L.P. is committed to the Gulf of Mexico and is demonstrating
this commitment by assembling an experienced team of explorationists and
businessmen who have a proven record of generating oil and gas prospects,
acquiring the prospective acreage, securing partners in these prospects
and then finding and producing oil and gas. As explorationists, our team
has been involved in the drilling of 11 exploratory wells in the Deepwater
Gulf of Mexico. To date, Davis has assembled numerous exploration prospects,
participated in several OCS lease sales and secured third-party industry
CEO of Davis Offshore Management LLC
Mr. Davis received his Bachelor of Science degree in Engineering from
New York University. Under his leadership, Davis Oil Company rose
to the forefront of the U.S. independent hydrocarbon industry. Over
the years, Davis Oil has been one of the premier "wildcat"
drilling operations in the country. During the 1970s, only three other
companies -- multinational giants Shell, Amoco and Exxon -- drilled
more exploratory oil wells in the United States and in 1982 Davis
Oil ranked as second in the nation in drilling new field exploratory
oil and gas wells. Mr. Davis companies have drilled or helped
drill well over 10,000 oil and gas wells.
Throughout his business career, Marvin Davis has been distinguished
by his ability to identify and capitalize on quality investment opportunities,
his recognition of the potential of emerging and high growth industries,
and a commitment to preservation of a strong asset base. Davis
acquisition activities often have earned generous rewards not only
for the company but for other investors as well.
President of Davis Offshore Management LLC
Gregg Davis has worked actively in Davis Oil and now Davis Petroleum
from an early age. He has worked closely with his father learning
the business both on an executive level and he has worked hands-on
in each of the companys departments to gain and overall knowledge
of the business. Gregg graduated from the University Of Southern California
earning a Bachelor of the Arts degree and a Masters in Fine Arts.
Over the years Gregg has garnered extensive experience in business
acquisition, development and management, having also been directly
involved with Davis Companies, his fathers holding company for
business not related to oil and gas.
Chief Financial Officer of Davis Offshore Management LLC
Grace Barragato-Drulias has over 25 years experience in the oil and
gas industry. She attended Fairleigh Dickinson University and was
employed with the American Institute of Certified Public Accountants.
Working with Davis Oil Company since 1978, Davis Petroleum Corp. and
Davis Offshore Management LLC, Grace is involved in all aspects of
the Finance Department. Her involvement extends to all of the companys
interests, from day-to-day financial reports to her knowledge of drilling
and well operations. Grace methodically maintains the integrity of
the Finance Department and all related issues.
Exploration Manager of Davis Petroleum Corp
George Canjar is a 22 year industry veteran of the oil and gas industry.
He joined Davis from Carrizo Oil & Gas, where he served as VP
of Exploration and Development. At Carrizo, Mr. Canjar developed the
prospect portfolio and concurrently perform risk assessment and early
data integration to optimize investment and future value of the drilling
programs. In addition, he actively managed company prospect staff,
prospect generation shops, company operations and joint ventures partners.
Previously he served in a variety of technical and managerial positions
at Shell Oil Company, including Technical Manager Geology & Geophysics
and Team leader for numerous integrated project execution groups.
Mr. Canjar is both a certified Petroleum Engineer and Registered Geologist.
He has a track record of success with significant experience in the
management and execution of large drilling programs including over
60 3-D project areas and 300 driling opportunities. Specifically,
George has repeatedly managed annual drilling budgets of between $20
million and $100 million and led teams which have discovered and/or
developed more than 200,000 MBO and 2 Tcf of reserves in the aggregate.
He is a graduate of the Colorado School of Mines.
John A. Sansbury
Business Development Manager
John Sansbury has over 24 years experience as a landman and a land
manager in the Lower 48 States and offshore Gulf of Mexico with Atlantic
Richfield Company and Vastar Resources, Inc. Specifically, he has
engaged or managed others in the acquisition of oil and gas leases
and the consummation of beneficial business arrangements though applicable
agreements in order to drill wells in search of oil and gas, produce
and maintain those fields and then divest them at such time as they
reach their economic limit. John also successfully led an exploration
program investing in exploration projects generated by other parties
for six years. He was a key player in Vastar's exploration, production
and acquisition success as the Manager, Exploration Joint Ventures
& Land. John received his Bachelor of Arts with an emphasis in
Political Science and Public Administration from Mississippi State
University and a Juris Doctorate from the University of Mississippi.
He is a member of the American Association of Professional Landmen
(AAPL) with the designation of Certified Professional Landman (CPL),
the Houston Association of Professional Landmen (HAPL), the West Houston
Association of Professional Landmen (WHAPL), the American Bar Association
(ABA) and the Mississippi Bar Association.
Ed Stengel has over 23 years experience as a landman and land manager
in the Lower 48 States and offshore Gulf of Mexico with Atlantic Richfield
Company and Vastar Resources, Inc. Specifically, he has engaged or
managed others in the acquisition of oil and gas leases and the consumption
and beneficial business arrangements through applicable agreements
in order to drill wells in search of oil and gas, produce and maintain
those fields, and then divest them at such a time as they reach their
economic limit. Ed has worked numerous producing basins including
Permian Basin, Mid-Continent, Gulf Coast, Offshore California and
Gulf of Mexico. For six years, he managed the Shelf as well as the
Deepwater Gulf of Mexico land activities for Vastar. He was a key
player in Vastar's success in the Deepwater Gulf of Mexico. He received
his Bachelor of Science with an emphasis in Mineral Land Management
from the University of Colorado. He is a member of the American Association
of Professional Landmen (AAPL) with the designation of Certified Professional