Presented by:
Victor Mendoza, head of oil and gas securitization at Donovan Ventures, is today's featured Forty Under 40 honoree.
Throughout his professional life, Mendoza has always wanted to start his own business. Through the joint creation of Donovan Ventures, he was able to create an asset-backed security financings-focused group.
This venture has led to the career milestone of completing his first ABS transaction with Diversified Energy, marking the first in a long line of successful transactions.
"As a boutique firm, which had not completed an ABS transaction before, we knew it would be challenging to get that first deal done," he said. "We were lucky to have a great partner in our client, Diversified Energy, to trust in our capabilities."
Mendoza believes that embracing new technological developments within the coming years will help the oil and gas industry continue to thrive in the years to come, which the new generation of energy professionals will help to usher in.
"As one of the oldest industries in our nation, the oil and gas industry, although continuously adapting new technologies, has been one of ‘this is the way it’s been done,’ he said. "The younger generation offers different perspectives that may bring improvements to our industry."
"From data analytics to machine learning, our firm is working on bringing some of these things together into a FinTech product that will connect individual investors for direct investments into producing oil and gas assets. This will facilitate investment growth into our industry from different sources of capital," Mendoza continued.
Click here for Victor Mendoza's full profile.
Take a look at all of the Forty Under 40 honorees.
Recommended Reading
Royale Reports Favorable Results in Permian’s Mississippian Interval
2024-05-31 - Royale Energy has four producing wells, with a fifth and sixth being drilled and completed in Ector County, Texas, with plans to bring them online later this year.
US Drillers Cut Most Oil, Gas Rigs in a Month Since August
2024-05-31 - The oil and gas rig count, an early indicator of future output, held steady at 600 in the week to May 31.
VAALCO Energy Updates Canadian Drilling Campaign Results
2024-05-30 - VAALCO Energy drilled four 2.75-miles wells, apparently in the Western Canadian Sedimentary Basin.
Petrobras Awards Subsea 7 a Large Contract Offshore Brazil
2024-05-30 - Under the contract, which is valued at over $1.25 billion, Subsea 7 will develop the Búzios 9 field in Brazil’s Santos Basin.
Salunda Secures Multi-year Jackup Contract in Middle East
2024-05-29 - The contract is the organization’s first jack-up installation in the Middle East.