The Impartial Petroleum Affiliation of America (IPAA) board of administrators have introduced Michael “Mike” A. Hillebrand, the chief govt officer of Pennsylvania-based Huntley & Huntley, as board chairman for a two-year time period by 2026. IPAA advocates for 1000’s of oil and pure gasoline producers that develop 90 % of wells nationwide. The IPAA board authorized Hillebrand on the affiliation’s annual assembly in late fall, and Hillebrand formally assumed the position this month.
“Mike brings implausible enterprise and technical experience to the position of chairman, coupled with a ardour for business and affiliation advocacy,” stated Jeff Eshelman, IPAA president and chief govt officer. “Previous-chairman Steve Pruett, the president and chief govt officer of Elevation Sources, has been invaluable in increasing IPAA’s attain in Texas and the Permian basin. I look ahead to working with Mike on deepening our roots and relationships in my dwelling state of Pennsylvania and all through the Appalachian basin formations.”
Hillebrand is a principal shareholder and chief govt officer of one of many world’s oldest and repeatedly current oil and gasoline firms, Huntley & Huntley (based in 1912), the founder, shareholder, and board member of its institutional three way partnership, Olympus Vitality, the fifth largest shale producer in southwestern Pennsylvania. Mr. Hillebrand has thirty-nine years of mixed expertise in each vertical and horizontal effectively drilling, completions, and operations, in addition to all working and monetary features of oil and pure gasoline enterprise growth, meeting and acquisition, and advertising.
He has performed a key management position in securing over $1.1 billion of capital funding and/or commitments into a number of of Huntley’s affiliated firms. A kind of firms, Olympus Vitality, now operates almost 100,000 acres and in one in all SW Pennsylvania’s final undeveloped core Marcellus, deep Utica and Higher Devonian unconventional shale positions, now producing over 600 mmcf/d.
Mr. Hillebrand is a graduate of the Pennsylvania State College with a Bachelor of Science diploma in Petroleum and Pure Gasoline Engineering. He’s member of the Society of Petroleum Engineers (SPE) and the present Chairman of the Pennsylvania Impartial Oil and Gasoline Affiliation (PIOGA).
