H. C. Kip Ferguson, III, age 51, presently serves as Executive Vice President of Exploration and Development for Energy Hunter Resources, Inc. Mr. Ferguson brings more than 28 years of exploration, development and operational experience in many of the major oil and gas basins within the U.S.
Mr. Ferguson uses his broad oil and gas experience to assess opportunities within Energy Hunter’s core Eagle Ford and Permian focus. Mr. Ferguson has a proven management track record of successful grassroots development and execution within unconventional plays. Mr. Ferguson most recently served as Executive Vice President of Exploration for Magnum Hunter Resources, where he managed the Eagle Ford Shale division and was in charge of the exploration and development of its Eagle Ford Shale properties. This lead to the successful divestment of those properties for over $450MM and generating an approximate 80% IRR for the Company. Prior to that, Mr. Ferguson was President and Director of Sharon Resources, Inc. and Sharon Energy Ltd., which was acquired by MHR in 2009 as its entry point into the Eagle Ford Shale play.
Mr. Ferguson earned a Bachelor’s degree in Geology from The University of Texas at Austin and a is a third-generation geologist. Mr. Ferguson is a member of American Association of Petroleum Geologists, Society of Petroleum Engineers, Independent Petroleum Association America and Houston Geological Society.
Additionally, Mr. Ferguson has co-authored and written case studies, papers and articles for SPE International magazine, Unconventional Resources Technology Conference and E&P magazine regarding successful uses of different unconventional technologies.