Tracy Price
Horseshoe Bay
Summary
Forty plus years of broad-based experience including senior level and management positions. Major strengths in communication, negotiations, contracts, strategy and problem solving with extensive industry contacts and relationships. Specialized experience in several shale plays, the Gulf Coast and Gulf of Mexico. Effective in multi-project management, team building and teamwork environments.
Experienced with strategic planning, operational management, and team leadership. Utilizes comprehensive business acumen to drive organizational success and foster growth. Track record of aligning corporate goals with actionable strategies to achieve measurable outcomes.
Results-driven executive with focus on strategic leadership, team collaboration, and operational excellence. Adept at driving growth, optimizing processes, and leading high-performing teams. Known for adaptability, problem-solving skills, and strong commitment to achieving organizational goals. Skilled in strategic planning, financial management, and stakeholder engagement.
Results-driven business leader prepared for high-impact executive role. Known for leveraging extensive experience to foster team collaboration and guide companies toward strategic goals. Recognized for adaptability and strong results orientation in dynamic environments. Expertise in leadership, strategic planning, and operational oversight.
Knowledgeable in all facets of business development with proven track record in driving organizational growth and enhancing operational efficiency. Successfully led cross-functional teams to execute strategic initiatives, resulting in significant business advancements. Demonstrated leadership and strategic planning skills to align corporate vision with actionable objectives.
Thorough executive positions with over twenty years of experience. Outstanding strategic planning and execution, cross-cultural management and risk management aptitudes. Experience developing and maintaining sound financial plans that lead to significant increases in revenue and market share.
Overview
45
45
years of professional experience
Work History
Chairman of the Board
Crescent Pass Resources, LLC
09.2019 - Current
- Led board meetings to establish strategic direction and organizational priorities.
- Collaborated with executive leadership to develop and implement long-term growth initiatives.
- Oversaw risk management processes to ensure compliance with regulatory requirements.
- Fostered relationships with stakeholders to enhance organizational reputation and influence decision-making.
President/CEO
Crescent Pass Resources, LLC
04.2018 - 09.2019
- As President and CEO formed and founded Crescent Pass Energy in April 2018 with a $75 million raise with Talara Capital.
- Led cross-functional teams to enhance collaboration and optimize performance across departments.
- Fostered a culture of innovation by encouraging creative problem-solving and proactive decision-making among staff.
- Established key partnerships with stakeholders to align on strategic objectives and resource allocation.
- Mentored senior leadership team, promoting professional development and succession planning within the organization.
- Cultivated strong relationships with external partners to foster collaboration and maximize resources.
- Built a diverse workforce through targeted recruiting efforts focused on diversity, equity, and inclusion principles.
Executive Vice President – Business Development/Land
PetroQuest Energy, LLC
05.2012 - 10.2016
- Responsible for leading all business development and land functions involving the three focus areas for PetroQuest plus any new ventures. Closed on over $300 million dollars in acquisitions in the last two years and continue to expand the MidContinent, east Texas and Gulf Coast. Recently opened the Woodlands office and lead executive for all business activities in Houston and Tulsa areas.
- Led strategic initiatives to enhance operational efficiency and drive organizational growth.
- Developed and implemented risk management frameworks to ensure compliance with industry regulations.
- Led cross-functional teams in executing large-scale projects on time and within budget constraints, contributing to overall company success.
- Provided executive leadership during mergers and acquisitions, ensuring seamless integration while maintaining operational excellence.
Senior Vice President, Land & Business Development
Crimson Exploration Inc.
01.2005 - 01.2011
- Part of management team that recapitalized Crimson Exploration Inc. in April 2005. Lead role in two significant acquisitions totaling $300,000,000 and over 50mmcfgpde which has resulted in the development of several nice discoveries in Liberty County and south Texas. Formed a joint venture with aggressive private company in the south Texas Lobo project and Barnett shale project which was sold in ’08 to CHK. Joint venture in new Edwards/Eagle Ford play in Bee County with one of the first movers in Eagle Ford. Managed acquisition of approximately 15,000 acres in the highly competitive east Texas Haynesville play. Acquired 10,000 acres in Karnes and Zavala Counties of Eagle Ford play.
Senior Vice President Land & Business Development
The Houston Exploration Company
01.2001 - 01.2005
- Played a lead role in transforming Houston Exploration from a reactive offshore exploration company to a proactive exploration and acquisition company via established relationships in the Gulf of Mexico and south Texas areas. Led an acquisition team that closed at least one significant acquisition each year including several fields from Conoco in south Texas, Burlington in south Texas, Orca GOM and Transworld GOM. Another key acquisition which enabled Houston Exploration to unlock its stock price potential was the acquisition of Keyspan’s stock (parent company). Increased the number of wells drilled per year from less than 50 in 2000 to over 150 in 2004 while increasing production 150% and doubling reserves.
Manager of Land and Business Development
Newfield Exploration Company
01.1990 - 01.2001
- Instrumental role in the foundation and subsequent success of Newfield. As manager of land and business development reported directly to Joe Foster and played a key role in its first acquisition at EI 172 in ’90, first discovery via farmin at SS 157 in ’91, acquisition of EI 181/182 in ’92, initial public offering in ’93, acquisition of EI 251/262 in ’94, farmin of ST 148 in ’95, WD 152 in ’96, acquisition of EC 286 in ’97, first onshore discovery at Broussard field in ’98, first international venture with acquisition of two fields in Australia in ’99, initial venture into south Texas with $139mm acquisition in ’00 and its largest acquisition ever-Lariat in the Anadarko Basin of Oklahoma in ’01 which put Newfield in the Woodford Shale play.
Manager of Land Offshore
Apache Corporation
01.1986 - 01.1990
- Responsible for all phases of land and regulatory work for offshore effort. Led Apache’s first operated joint venture into the GOM with the negotiation of an exploration agreement with King Ranch Oil and Gas. Through JV with King Ranch, Apache participated in its first lease sale in the GOM and drilled its first well in GOM (now Apache owns more offshore leases than any other company in GOM). Joint venture was extremely successful and several of the discoveries are still producing including Gal 343 and Mat 650. Worked closely with geologist, reservoir engineer and exploration manager (basically a 4 man team) during tenure at Apache to become one of the premier explorers/developers in western GOM.
Landman
Phillips Petroleum
01.1981 - 01.1985
- Participated in Phillips’ well regarded landman training program which consisted of significant training in all phases of land work including division order, lease record, regulatory and scouting. Upon completion of training program worked as landman in the gulf coast and west Texas divisions of Phillips.
Education
BBA - Petroleum Land Management
The University of Texas at Austin
Skills
- Organizational growth
- Leadership experience
- Ethics and integrity
- Logical thinking capability
- Strategic planning and execution
Affiliations
- Houston Association of Professional Landmen:
- American Association of Professional Landmen (AAPL)
- OCS Committee
- AAPL – Chairman of Landman Scholarship Committee, Chairman-Energy Council
Timeline
Chairman of the Board
Crescent Pass Resources, LLC
09.2019 - Current
President/CEO
Crescent Pass Resources, LLC
04.2018 - 09.2019
Executive Vice President – Business Development/Land
PetroQuest Energy, LLC
05.2012 - 10.2016
Senior Vice President, Land & Business Development
Crimson Exploration Inc.
01.2005 - 01.2011
Senior Vice President Land & Business Development
The Houston Exploration Company
01.2001 - 01.2005
Manager of Land and Business Development
Newfield Exploration Company
01.1990 - 01.2001
Manager of Land Offshore
Apache Corporation
01.1986 - 01.1990
Landman
Phillips Petroleum
01.1981 - 01.1985
BBA - Petroleum Land Management
The University of Texas at Austin