Scott Van Sickle, CEO of Revolution Resources, is today’s featured Forty Under 40 honoree.
Backed by Mountain Capital Partners LP, Revolution Resources is an E&P company aiming to take a revolutionary approach to efficient and effective production management. Van Sickle formed the company in 2018 when it made its first acquisition of Midcontinent assets from Gastar Exploration.
Revolution followed up with the $201.5 million acquisition of Jones Energy in early 2020, which Van Sickle described as by far his most memorable undertaking.
“At the time this occurred, Revolution only had eight total office employees,” he noted.
However, Van Sickle considers starting Revolution, in general, as his greatest career milestone.
“What helped me reach this sooner than expected ultimately boils down to taking risks,” he said. “I personally took on material risk by doing what I did. Revolution’s equity sponsor also shared in this risk as well by supporting me—which happens with any PE investment involving a new management team.”
Click here for Scott Van Sickle’s complete profile.
Take a look at all of the Forty Under 40 honorees.
Recommended Reading
High Pressure, Temps, No Problem: BP Dives Deeper in GoM
2024-05-07 - BP is preparing for a 2024 FID on Kaskida and 2025 FID on Tiber projects in the Gulf of Mexico, a BP executive said during an OTC keynote.
Time is Money: Shell Prioritizes Speed with Brownfield Strategy
2024-05-09 - Shell’s replicant strategy trades customization of the production unit for a sped-up cycle time for Whale, Sparta developments in the deepwater Gulf of Mexico.
Petrobras' Pioneering Tech Powers Decades-long, 2.9 Bboe Production
2024-05-08 - From discovery to revitalization, the deepwater Marlim Field offshore Brazil has driven development of technology while delivering more than 2.9 Bboe.
Balmoral Focusing on ‘Buoyant’ Offshore Wind Sector
2024-06-04 - Balmoral’s sales director Gary Yeoman discusses trends in the offshore energy industry and introduces the company’s scour protection system in this Hart Energy Exclusive interview.
OTC: SLB Exec Says Goal is to Expand Production, Lower Emissions
2024-05-06 - Despite rapidly expanding global renewables capacity, oil and gas products will still supply around half of global energy demand by 2040, an SLB executive said during the 2024 Offshore Technology Conference.