Jason Hosiager started his oil and gas career as a landman before forming Arabella Petroleum in 2007.

Accomplishments: Negotiated leases for more than 250,000 acres, concentrating in the Permian Basin Wolfcamp. Arabella will be among the first to use dual-lateral wells in the Wolfbone play. “The major challenge, at least in the Permian, is a lot of people have done things a certain way for a long, long time. It’s not that their way is bad, I just happen to think it’s often times not the best way. We took an attitude that we didn’t want to go change everything just to be contrarian; however, we wanted to question everything. We take what works and prove what doesn’t. I think the multilateral program is a good indicator of our process.”

On team dynamics: “I like to call it the allstar team approach; we went out and got the best guys that we could find. The thing about an all-star team is that, although you’ve got great individuals, the key to it all is making everyone work as a team and communicate.”

Goals: Become a leader in multiwell lateral technology. “We got off the ground toward the end of last year. We spudded our first Wolfbone horizontal well in September, and we’re on our third now. Things are taking off. We will actually drill our second lateral into a horizontal well this summer.”

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