Established in 1924, Ralph E. Davis Associates (an Opportune Company) is one of the most respected international independent petroleum engineering firms. Ralph E. Davis (RED) performs petroleum engineering and geological studies, independently certifies reserve reports and prepares financial analyses and technical evaluations for use in litigation or regulatory hearings. Opportune, founded in 2005, is a leading global energy business advisory firm specializing in adding value to clients across the energy industry, including upstream, midstream, downstream, power and gas, commodities trading and oilfield services. Using their extensive knowledge of all sectors of the energy industry, they work with clients to provide comprehensive solutions to their operational and financial challenges.
Steve Hendrickson joins RED as President. Steve has over 30 years of professional leadership experience in the energy industry and has led billions of dollars of technical evaluations and oil and gas transactions. He has a proven track record of managing financial and technical teams to add value through acquisitions, reserves engineering, technical evaluations and energy finance. Previously, Mr. Hendrickson was Principal of Hendrickson Engineering LLC. In this role, he led and provided technical field studies, asset appraisals, reserves reporting and advisory related to acquisitions and divestitures.
The search was managed and completed Ken Minter, Senior Partner, and David Deaton, Senior Partner, of Allen Austin.
For further details read the organizations press release.
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