team

Mr. Magruder has over 40 years operational experience in the industry, he oversees all oil and gas operations for Brahman.  Prior to joining Brahman, he was a member of Indigena Capital, an investment group focused exclusively in partnering with Tribal Nations in the United States and First Nations in Canada in oil and gas, renewable power, agriculture, minerals and mining, real estate, utilities, and water. Mr. Magruder led three oil and gas companies prior to joining Indigena Capital, two of which were in excess of $1 billion in assets or start-up capital. As CEO of Chief Oil and Gas, he led the initiative to double the company’s Marcellus shale production and evaluate ~800,000 acres throughout Kansas. While president of Quantum Resources, Mr. Magruder purchased approximately $650 million long-life legacy assets throughout North America with a buy-and-exploit strategy. The assets were rolled up into an MLP which ultimately merged with Breitburn Energy. Mr. Magruder was also responsible for the initial capital investment into Ute Energy through the Quantum Resources platform where he set the company’s trajectory from an initial valuation of $80MM to $1.1B after follow-on capital investment. Mr. Magruder established a Rocky Mountain division for Berry Petroleum which served as the catalyst that diversified Berry’s portfolio. He was responsible for leading the acquisition and leasing charge that positioned the company within three years in one million acres across multiple Rocky Mountain Basins. The initial acquisition for the Rocky Mountain division was in the Uinta Basin that served as a cornerstone of growth for the company. Realized reserves were more than 3X of the original acquisition estimate. The new Rocky Mountain division became a major driver behind Berry’s growth and the Company ultimately relocated their corporate headquarters to Denver. Mr. Magruder served as a Managing Director within Macquarie Tristone’s A&D Advisory group with responsibilities that included sourcing and executing transactions. The team executed an average of 12 deals per year ranging in value from $50 million to over $700 million. Magruder’s team prepared and made routine pitches to potential clients. Pitches included MD&A market overviews, regional comps, marketing process, and market value estimates based on commodity mix and reserve breakdown. Magruder’s team performed technical and commercial due diligence on newly signed mandates to insure an accurate representation of assets. Detailed marketing material, offering memorandums and elaborate data room exhibits were prepared incorporating engineering, geologic and commercial analysis. The execution team consisted of approximately 20 professionals that included transaction VPs, engineers, geologists, technicians and financial analysts. Magruder obtained FINRA certification by passing Investment Banking Exams 79 and 63. From 1980 to 2003, Mr. Magruder served in various engineering and operating roles with Calpine, Barrett Resources, Torch Energy Advisors and CNG Producing Company. He is credited with leading large-scale tight sands plays requiring multistage fracing and developing coal bed methane programs throughout five different Basins. These plays are considered predecessors to the popular “resource plays” targeted today. Mr. Magruder advanced the original 63 coalbed methane wells drilled in the massive Powder River CBM play. He was ultimately responsible for developing over 3,000 Powder River CBM wells and de-risking over one million acres. Mr. Magruder earned his Petroleum Engineering degree from Louisiana State University in 1980. Mr. Magruder served three terms as President of IPAMS (Independent Petroleum Association of Mountain States) which is a 13-state regional trade association located in Denver. Earlier in his career, he served as President of the SPE (Society of Petroleum Engineers) Delta Section while working in New Orleans.