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Ian Doiron started at Phillips, a mineral and royalty acquisitions company, five years ago, and
helped acquire properties in 20 states. He is now the youngest member of the management team and has helped the company grow acquisitions from $5 million per year to $35 million per year. He oversees all aspects of the deal side of the company.
Accomplishments: Helped PEP accumulate a Haynesville position, sometimes acre-byacre, in the company’s first nonproducing project. “We do small, grassroots deals one acre at a time, up to buying another company’s portfolio, so we were proud of the Haynesville portfolio. Our goal was 2,000 acres and we ended up buying about 5,000. I’m proud of it because it was the first nonproducing play that we bought in, and it set the stage for everything going forward.” Has a degree from Louisiana State University. Member of the IPAA, AAPL, HAPL, ALTAPL, YPE, and Texas Land and Mineral Owners Association. Became a landman after injuring his arm playing minor league baseball.
On too big, too fast: “We want to make sure that we never sacrifice anything just to get a deal done. We want to make sure everyone gets the same amount of attention they got when we were small and doing grassroots deals. That’s what’s gotten us here.”
Goals: Sophistication. “Our goal is to be the No. 1 mineral owner in the U.S. Not just in size, but also in sophistication in how we manage the minerals. We strive to be the absolute best by micro managing every acre we own.”
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