Michael Galvis Chairman and Chief Executive Officer
Mr. Galvis has served as Chairman, President and Chief Executive Officer of Sable since 2008. He also served as Chairman of the Board of Francis Drilling Fluids (FDF) from 2010 when Sable purchased FDF for $53.5MM until it was sold for $62.5MM in May of 2012. FDF is a diversified oilfield service provider, and has been the largest water-based drilling fluids and frac proppant logistics provider in the U.S, which under Sable’s ownership, increased its annual sales from $67MM to $85MM. Sable is a development stage public E&P company on the OTCQB which owns 20,000 acres with 116 wells in the Fort Worth Basin. Prior to these positions, Mr. Galvis served as President of NYTEX Petroleum, LLC, the predecessor to NYTEX Petroleum, Inc. since it was founded in 2006 to manage diversified portfolios of oil and gas investments. From 1994 through February 2006 Mr. Galvis was co-founder and principal partner in PetroQuest Exploration, Inc., a privately held E&P company engaged in the acquisition, drilling and development of oil & gas reserves in several of the lower 48 states. In 1987, Mr. Galvis co-founded HGH Energy, Inc., which acquired, operated and developed over 200 oil and gas wells purchased from Mobil Oil, Amoco, Enserch, Texaco and several independents. A graduate of UT Austin, Mr. Galvis began his career with a Dallas based independent operating company in 1983. There he led the capital formation to drill 29 Granite Wash gas wells in the Texas Panhandle, co-managed the drilling and completions of the wells and was appointed Vice President of Operations. Learning operations from the downhole up, Mr. Galvis has gained thirty-two years of experience in prospect generation, drilling, completions and production operations, acquisitions and divestitures, capital formation through industry partners and has generated and/or participated in over 160 onshore and offshore oil and gas wells in Texas, Louisiana, Arkansas, Oklahoma, Colorado, Mississippi, Wyoming, Illinois, North Dakota, and New Mexico. Throughout his career, Mr. Galvis has also provided consulting and advisory services to numerous independent E&P companies.
Mr. Galvis is a member of AAPL and IPAA.
James D. Parker Chief Accounting Officer
James D. (JD) Parker was appointed Senior Controller of the Company effective August 4, 2014. Prior to joining Sable, Mr. Parker worked as a Consultant for Magnum Hunter Resources Corporation and other energy industry companies since 2012. From 2008 to 2012 he served as Assistant Controller for TransAtlantic Petroleum Ltd., an international oil and natural gas company engaged in the acquisition, exploration, development and production of oil and natural gas in Turkey and Bulgaria. From 2000 to 2008 he was a Consultant for Key Energy Services, Inc. and other energy industry companies. From 1999 to 2000 he served as Controller for Waste Recovery, Inc. a Dallas based recycling company. From 1995 to 1999 he was Regional Controller for US Filter Corporation, where he worked on the acquisition and integration of several water filtration and distribution companies. From 1991 to 1995 he was VP – Operations for First American Bank managing and divesting a large portfolio of real estate properties. Mr. Parker started his career with Ernst & Young in 1987 through 1991 and worked in their audit practice, with energy and banking industry clients. He has extensive experience with SEC reporting, Sarbanes – Oxley compliance and systems conversions. Mr. Parker received a B.B.A. in Accounting from the University of Iowa and is a Certified Public Accountant in the State of Texas.