Royalty owner Texas Pacific Land Corp. will nominate two new independent directors—Marguerite Woung-Chapman and Robert Roosa—and one current director, Murray Stahl to its board at the company’s annual stockholder meeting, according to an Aug. 1 press release. (Source: Shutterstock.com)
Royalty owner Texas Pacific Land Corp. will nominate two new independent directors—Marguerite Woung-Chapman and Robert Roosa—and one current director, Murray Stahl to its board at the company’s annual stockholder meeting, according to an Aug. 1 press release.
Current directors and co-chairs of the board David E. Barry and John R. Norris III have announced their intention to retire and not seek reelection.
Texas Pacific Land is one of the largest landowners in Texas with approximately 874,000 acres of land in West Texas, with the majority of its ownership concentrated in the Permian Basin. The company is not an oil and gas producer, but its surface and royalty ownership provide revenue opportunities throughout the life cycle of a well.
Woung-Chapman has experience working with companies such as Chord Energy, Summit Midstream Partners and Energy XXI Gulf Coast Inc. Roosa has previously served in positions with Brigham Royalties LLC and Brigham Minerals Inc.
“The Board looks forward to welcoming Marguerite and Robert,” said General Donald Cook, director and chairperson of the nominating and governance committee at Texas Pacific Land Corp. “We believe the company and its shareholders will benefit greatly from their relevant experience and expertise as we continue to execute TPL’s strategy and drive value for our shareholders.”
Recommended Reading
E&P Highlights: Feb. 24, 2025
2025-02-24 - Here’s a roundup of the latest E&P headlines, from a sale of assets in the Gulf of Mexico to new production in the Bohai Sea.
E&P Highlights: March 31, 2025
2025-03-31 - Here’s a roundup of the latest E&P headlines, from a big CNOOC discovery in the South China Sea to Shell’s development offshore Brazil.
E&P Highlights: Jan. 27, 2025
2025-01-27 - Here’s a roundup of the latest E&P headlines including new drilling in the eastern Mediterranean and new contracts in Australia.
Production Begins at Shell’s GoM Whale Facility
2025-01-09 - Shell’s Whale floating production facility in the Gulf of Mexico has reached first oil less than eight years after the field’s discovery of 480 MMboe of estimated recoverable resources.
E&P Highlights: March 17, 2025
2025-03-17 - Here’s a roundup of the latest E&P headlines, from Shell’s divestment to refocus its Nigeria strategy to a new sustainability designation for Exxon Mobil’s first FPSO off Guyana.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.