![promotion](/sites/default/files/styles/hart_news_article_image_640/public/image/2023/03/promotion.jpg?itok=KKsTUcSt)
Freehold Royalties Ltd. promoted Rob King to COO and Susan Nagy will succeed King as vice president of business development. (Source: Shutterstock)
Freehold Royalties Ltd. announced on March 20 the promotion of Vice President of Business Development Rob King to COO. Susan Nagy will succeed King in his business development role.
The promotions will be effective April 1, according to the company’s press release.
As vice president of business development since 2020, King oversaw the expansion of Freehold’s North American footprint outside Canada and over $550 million in company transactions. With his transition to COO, King will lead a multidisciplinary team to boost the company’s strategy in North America.
Susan Nagy, with Freehold since 2008 and most recently holding the position of director of business development, will be taking King’s position as vice president of business development. Over her tenure at Freehold, Nagy has been involved in over $1.5 billion in royalty acquisitions in Canada and the U.S.
Headquartered in Calgary, Canada, Freehold holds oil and natural gas royalties in Canada and the U.S. Total land holdings in Canada approximate 6.4 million gross acres.
Recommended Reading
Marketed: Anschutz Exploration Powder River Basin Opportunity
2024-06-20 - Anschutz Exploration Corp. has retained EnergyNet for the sale of a Powder River Basin in the Castle 3568-1324-1TH of Converse County, Wyoming.
Marketed: Gungnir Resources 30 Permitted Wells in Wyoming
2024-07-30 - Gungnir Resources has retained EnergyNet for the sale of a non-producing interests plus 30 producing wells in Laramie and Platte counties, Wyoming.
Marketed: Berlin Resources’ Anadarko Basin Opportunity
2024-07-22 - Berlin Resources has retained EnergyNet for the sale of an Anadarko Basin opportunity in the Montgomery 18/19 BO #1H, located in Ellis County, Oklahoma.
Rising Phoenix Expands Oil, Gas Portfolio with D-J Basin Deal
2024-08-01 - The Denver-Julesburg Basin deal, which closed July 31, marks Rising Pheonix Royalties’ first non-operated drilling acquisition.
Marketed: Seven Falls Oil and Gas Non-operated CO2 Unit in Mississippi
2024-07-16 - Seven Falls Oil and Gas LLC has retained EnergyNet for the sale of a East Eucutta CO2 unit in Wayne County, Mississippi.