Oil and Gas Startups Podcast Presidio Petroleum on Oil and Gas Startups
Presidio Petroleum is doing what many critics think is impossible these days - making money as an operator, consistently. Launched in 2017, Presidio wasted no time multiplying their team through a series of large strategic acquisitions. Founder and Co-CEO, Will Ulrich, dropped by to talk about how they're able to run leaner by giving more responsibility at the field level and how they intend to eventually operate 200,000 wells.
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Click here to watch a video of this episode.00:00 - Intro
01:20 - Presidio Petroleum Overview
05:36 - Raising Capital Strategies
09:08 - Will's Background in Oil & Gas
09:56 - Entry into the Oil and Gas Industry
12:47 - Education: Did You Attend Harvard?
13:42 - Company Goals and Vision
17:30 - Maximizing Efficiency: Doing More with Less
20:26 - Incentivizing Pumpers for Performance
23:07 - Low OPEX: Strategies and Insights
26:54 - Templar Deal Analysis
33:14 - Scaling Company Culture
35:10 - TC Program for Office Employees
36:17 - EMP Industry Insights
37:15 - Starting an EMP: Key Advice
41:25 - Energy ABS Explained
44:19 - Rice Energy: Evolve or Die
44:56 - Future Plans for Greg
47:13 - Opportunities in Oil & Gas Industry
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