Malone Mitchell 3rd
Chairman of the Board and Chief Executive Officer
Mr. Mitchell serves as Chairman of the Board and Chief Executive Officer, where his responsibilities include strategic planning, financial oversight, and management training. Mr. Mitchell brings 30 years of industry experience to this position with “In-Field” and executive management experience in all aspects of oil and gas exploration, development, production and services. Mr. Mitchell has succeeded over the past three decades by maintaining a conservative capital structure, entering into projects with a long-term outlook, applying modern technologies, and attracting and retaining top employees. The Mitchell Group E&P companies have drilled over 4,000 wells combined. Mr. Mitchell spends a considerable amount of time annually traveling in order to be an integral on sight presence in TransAtlantic.
In 1985, Mr. Mitchell founded Riata Energy, an oil & gas company, with $500 in capital. Within the first five years, Riata Energy acquired 14 smaller oil producers and completed its first successful well. In the early 1990’s, Riata expanded geographically through the purchase of assets in the Piceance Basin of Colorado and the Permian Basin of West Texas. The company implemented a vertically integrated strategy, which increased Riata’s focus on oilfield services and midstream to increase flexibility and reduce costs. Through asset purchases from several major oil and gas companies in 1991, Pakenham field was established. After drilling or re-entering 34 wells, Riata sold Pakenham field to Chevron for $97.5MM in 1994. In 1995, Riata acquired 200,000 acres of prospective acreage in the Pinon Field and Ouachita Overthrust of West Texas. Soon after, Riata became the sole operator in the area through a purchase from FINA.
Riata began oilfield service operations in 1987. In 1997, Riata purchased its first drilling rig through Lariat Services. Over the subsequent few years, Riata expanded its rig fleet to increase exploration and development. Additionally, Riata acquired and built-out gathering systems and treating plants through its midstream services subsidiary, ROC Gas Company. In 2003, Riata purchased an initial interest in PetroSource, an integrated CO2 Company. In 2005, Riata began development of its Piceance Basin acreage. In July 2006, Tom L. Ward, co-founder of Chesapeake Energy (NYSE: CHK) acquired a controlling stake in Riata Energy for $500 million, and became the largest shareholder. Mr. Mitchell sold the majority of his remaining share holding subsequently in 2008 and 2013.
In November 2006, Riata Energy purchased National Energy Group for $1.5 billion from an entity controlled by Carl Icahn. National Energy Group’s core assets overlapped with Riata’s core properties. Soon after, Riata Energy was re-named SandRidge Energy (NYSE: SD).
In December 2006, Mr. Mitchell resigned from daily management at Riata/SandRidge. From 1985-2006, Mr. Mitchell built Riata Energy into one of the largest privately-held energy companies in the United States. Riata’s key milestones included:
(1) 1 TCF in proved reserves
(2) Owned or operated 43 drilling rigs
(3) Operated for Exxon, Chevron, Conoco, BP, Occidental, amongst others
(4) Largest privately-held drilling company in the U.S. and during 2006, Riata completed approximately one well per day
(5) At one point, Riata Energy owned and operated the second largest under-balanced drilling company in the world
(6) Executed the largest North American farm out agreement in Exxon’s history, which committed Riata to drilling 25 wells per year
Mr. Mitchell holds a B.S. degree from Oklahoma State University, where he has since been generous with his time and money. In August 2008, Mr. Mitchell established the Riata Center for Entrepreneurship and regularly returns there to speak to energy and business students.
Todd Dutton was appointed President of TransAtlantic Petroleum in May 2014. His primary responsibilities are to guide TransAtlantic’s strategy and lead its business development efforts.
Mr. Dutton has 37 years of experience in the oil and natural gas industry. His career has centered on exploration, acquisitions and prospect and property evaluation. He has served as President of Longfellow Energy since January 2007, where his focus is on upstream project origination and development. He has served in various supervisory and management roles at Texas Pacific Oil Company, Coquina Oil Corporation, BEREXCO INC., and Riata Energy, Inc.
Mr. Dutton holds a B.B.A. degree in Petroleum Land Management from the University of Oklahoma. He has been certified as a Professional Landman by the AAPL.
Vice President, General Counsel and Corporate Secretary
Chad Burkhardt was appointed Vice President, General Counsel and Corporate Secretary of TransAtlantic Petroleum in 2015. Mr.Burkhardt’s responsibilities include taking a leadership role in business development efforts, representing the Company in contract and regulatory matters, and overseeing compliance and corporate governance.
Prior to joining TransAtlantic, Mr. Burkhardt served as Partner in the Corporate department of Baker Botts L.L.P. where he advised clients on various corporate transactions including corporate securities offerings, mergers and acquisitions and various public company filings. Mr. Burkhardt brings significant cross-border and international transaction experience from a variety of industries ranging from oil and gas exploration, midstream, and oil field services to high-tech and start-up transactions.
Mr. Burkhardt holds a B.A. degree in Anthropology and English from Texas A&M University and a J.D. from the Duke University School of Law.
Selami Erdem Uras
Vice President Land and General Manager, Turkey
Selami Uras has served as TransAtlantic's representative in Turkey since 2006. Mr. Uras' primary responsibilities are to lead TransAtlantic's government relations and licensing efforts in Turkey.
Prior to joining TransAtlantic, Mr. Uras served as the Resident Representative and General Manager of ARCO Oil and Gas Company in Turkey for 15 years. Mr. Uras lead the Turkish branch until ARCO’s merger with BP in 2000. During his tenure with ARCO, he participated in four oil discoveries in Turkey and two deep, offshore wells in the Black Sea. Mr. Uras is also a successful entrepreneur. He has been active in oil and gas exploration and production since 1980. From 1980 to 1985, Mr. Uras worked for Geophysical Services Incorporated (GSI), a seismic company and subsidiary of Texas Instruments that performed seismic surveys in Turkey .
Mr. Uras is a graduate of The Faculty of Economical & Commercial Sciences in Ankara and holds a Financial Advisor Certificate. He is a Certified Public Accountant.
Vice President and General Manager Albania
Douglas Nester joined TransAtlantic Petroleum as Vice President of Albania in 2014. Mr. Nester’s primary responsibilities are to oversee the development of three oil fields and one gas field in Albania and manage the company’s staff, government relations and other interests in the country. In addition, he will also oversee the Company’s development operations in Bulgaria. Mr. Nester has more than 30 years of global experience in the management of oil and gas operations.
Prior to joining TransAtlantic, Mr. Nester served as the Chief Operating Officer of Iraq for the Korea Gas Corporation (KOGAS), which included operating the Country’s largest free gas reservoir located near the Syrian border in the Akkas Field. He also served as Chief Operating Officer and Director of Prime Offshore, where he managed the development of their U.S. offshore oil and gas fields.
Mr. Nester began his career as a geoscientist with Pennzoil, before co-founding 3DX Technologies, a technology-based company that merged engineering and sub-surface disciplines with the emerging use of 3D seismic data. After taking 3DX public, he joined Devon Energy (Santa Fe Energy Resources) as their Vice President of International Exploration and later served as their International E&P manager for Latin America, Africa and the Middle East.
Mr. Nester holds a B.S. degree in Geology from the Indiana University of Pennsylvania, performed Master’s studies in Geology at the University of Houston and received an M.B.A. in Finance from the University of Saint Thomas.