Rhett Bennett, Founder and CEO of Black Mountain, established Black Mountain in 2007, and today the organization includes several business units: E&P operations, commercial saltwater disposal, midstream and in-basin frac sand mining. In 2017, Black Mountain Oil and Gas I (BMOG I) sold its New Mexico assets to Marathon Oil Corporation for $700 million. Through its partnership with NGP, a premier energy Private Equity fund based in Dallas, Texas, Black Mountain continues to identify opportunities to extract value from across the energy sector.
Rhett Bennett earned his Bachelor of Science in Business Management from the University of Georgia in 2003, and completed the Energy Executive Management Program at the University of Oklahoma Michael F. Price College of Business in 2012.
Mr. Bennett is a member of many industry organizations, serving as a Board Member of the Texas Alliance of Energy Producers, as a member of the Executive Committee of the Fort Worth Wildcatters, the Independent Petroleum Association of America (IPAA), the Texas Independent Producers & Royalty Owners Association (TIPRO), the National Association of Royalty Owners (NARO), the American Association of Professional Landmen (AAPL), Young Professionals in Energy (YPE), and the Fort Worth Petroleum Club.
Houston Simmons serves as Chief Financial Officer of Black Mountain Sand. Houston previously served as Vice President – Strategy for BOE Midstream, a crude logistics business with assets in the Bakken Shale. Houston began his career in Credit Suisse’s Global Energy Group as an Investment Banking Analyst. He left Credit Suisse to become the first Analyst of Tudor, Pickering, Holt & Co.’s Investment Banking group where he worked for over seven years, most recently as a Vice President covering midstream oil and gas companies. During Houston’s eight year oil and gas investment banking career, he advised on 28 announced M&A transactions with aggregate value of over $20 billion. Houston is a graduate of the University of Texas at Austin where he received a degree in Finance and Accounting.
Jacob serves as Chief Accounting Officer. Prior to joining Black Mountain, Jacob worked for TPG Capital, LP (2011-2014) and KPMG, LLP (2008-2011) in Fort Worth, TX. At TPG, Jacob worked in Fund Operations and assisted in deal closings and exits, distributions, and capital calls for TPG’s $18.9 billion flagship private equity fund, as well as other legacy private equity, growth and distressed debt funds. Jacob was a Senior Associate in the audit function for KPMG when he left the firm to join TPG.
Jacob Smith earned his Bachelor of Business Administration in Accounting from Abilene Christian University in 2007 and a Master of Accountancy from ACU in 2008. Jacob passed the CPA exam in November 2008 and became registered as a CPA in March 2009.
Kyle Biery serves as VP – Business Development. Kyle began his career at EXCO Resources, Inc. as a landman and was involved in $1.2 billion of divestitures and $2.0 billion of acquisitions. Kyle left Exco to pursue leasing opportunities independently through STAG Exploration, LLC which he founded in 2012, and together with Rhett Bennett at Black Mountain Oil and Gas’s predecessor entity, Black Mountain Exploration. Through STAG Exploration, LLC, Kyle assembled and successfully transacted on over 5,000 net acres in the Permian. At Black Mountain Exploration, Kyle acquired over 43,000 net acres in the Permian Basin and Eagle Ford Shale and successfully divested 32,000 net acres in the Midland Basin. Kyle graduated with a Bachelor’s degree from the University of Oklahoma.
Jarvis Moore serves as VP-Geosciences for Black Mountain Oil and Gas. Mr. Moore has over 20 years of diversified Geological experience in the upstream Oil and Gas industry including positions with companies such as XTO Energy, Clearfork Resources, and Encore Acquisitions Company. He is a licensed Professional Geoscientist in the state of Texas and a SIPES Certified Earth Scientist. He holds a B.S. In Geology from Georgia Southern University and a M.S. in Geology from Texas Christian University. In addition to being a past-president and current member of the Fort Worth Geological Society, he is an active member of both the American Association of Petroleum Geologists (AAPG) and the Society of Independent Professional Earth Scientists (SIPES).
Luke Mildren serves as VP – Land. Luke began his career as an independent landman leasing urban and commercial tracts for multi-well development programs in the Barnett Shale. He later moved on to JIMAR Resources where he worked A&D due diligence totaling over $3.1 billion of acquisitions; spanning 17 states and over 9,000 wells.
Luke joined Black Mountain Exploration in June of 2013. At Black Mountain Exploration, Luke leased over 16,000 net acres in the SCOOP and Permian Basin and successfully oversaw the drilling of Black Mountain’s first oil & gas well. Luke graduated with a Bachelors degree from the University of Oklahoma.