Encino Acquisition Partners Co-founder and Executive Chairman John H. Pinkerton has retired from the Houston-based company board, according to a recent release.

Pinkerton co-founded Encino Acquisition Partners in 2017 following a 22-year career as president and CEO of Range Resources Corp., where he built the company into one of the premier E&P companies in the U.S. and a pioneer in the Marcellus Shale play.

“Helping to build Encino from the ground up and serving as executive chairman has been deeply rewarding,” Pinkerton commented in a company release on Jan. 12, “and I want to thank each and every one of our employees for their contributions toward our continued success.”

Encino Acquisition Partners is an oil and gas acquisition partnership formed by Encino Energy and the Canada Pension Plan Investment Board, operating as CPP Investments. The company is the largest producer of oil and second largest producer of natural gas in Ohio, according to its website.

Soon after its formation, Encino Acquisition Partners closed a $2 billion deal to buy Chesapeake Energy’s Utica assets in Ohio. In total, the company acquired approximately 900 operated and nonoperated wells with approximately 1 million acres of oil and gas leases.

Pinkerton also commented how he was particularly proud of the progress Encino Acquisition Partners has made toward advancing its sustainability-centered goals.

Encino is a member of the ONE Future Coalition, a group of natural gas companies working together to voluntarily reduce methane emissions across the value chain to 1% or less by 2025. In 2021, the company also became an active member of the American Exploration & Production Council (AXPC).

“Encino is an industry leader because of our commitment to our unique values, and the company’s future remains bright thanks to its exceptional employees and leadership,” Pinkerton added in the release.

As part of a planned transition of leadership for its board of directors, Encino Acquisition Partners said on Jan. 12 that its board elected Alexandra Pruner to serve as chair.

Pruner has served as a senior adviser of Perella Weinberg Partners, a global independent advisory firm providing strategic and financial advice and asset-management services, and its energy division, Tudor, Pickering, Holt & Co., since December 2018. She joined the Encino Acquisition Partners board of directors in 2019.

“I’m honored and humbled to have earned the confidence of my fellow board members to serve in this position,” Pruner commented in the release. “The leadership John Pinkerton provided for the past four years has been outstanding, and I look forward to continuing to help guide Encino’s strategy focused on sustainable value creation for all of our stakeholders.”

Pruner previously served as partner and CFO of Perella Weinberg Partners from December 2016 through November 2018, and as CFO and a member of the management committee at Tudor, Pickering, Holt & Co. from the firm’s founding in 2007 until its combination with Perella Weinberg Partners in 2016.

Additionally, Pruner serves on the board of directors of Plains All American Pipeline LP and its general partners PAA GP Holdings LLC, and on the board of directors of NRG Energy Inc. She also served on the Anadarko Petroleum board until its merger with Occidental Petroleum.

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