Principle Petroleum is an independent exploration and production company. We acquire, operate, and redevelop oil and gas assets with inefficiencies that can be significantly improved with the proper application of proven exploitation techniques and technologies. The team at Principle has extensive experience in all disciplines of the business and has repeatedly demonstrated the ability to grow businesses in cyclical market conditions. We focus on the details, pursue excellence, create value and plan an exit strategy.
SCOTT DOBSON | President & CEO
Mr. Dobson serves as the President & CEO of Principle Petroleum and has over 23 years of Oil and Gas experience. Prior to starting Principle Petroleum, Mr. Dobson was the COO of Nimin Energy where he was responsible for all operations and development activities of the company. Prior to Nimin, Scott served as Region Manager of the Central Region and East Rockies Region at Merit Energy and held the positions of Investor Relations Managers and Division Oil & Gas Marketing Manager. Mr. Dobson began his career with Burlington Resources in the San Juan Division where he worked as a reservoir and production engineer on various exploitation groups. Scott received a B.S. in Mining Engineering from Montana Tech and is a licensed Petroleum Engineer in Texas and Wyoming
LISA HILZENDAGER | Controller
Ms. Hilzendager has over 10 years of experience in accounting and finance with her entire career focused on upstream oil and gas. Ms. Hilzendager joined Principle in 2015 as Senior Accountant and has identified and implemented a number of processes to increase accounting efficiency and reduce corporate G&A. Prior to joining Principle, Ms. Hilzendager spent 4 years at Maguire Oil Company as a Senior Accountant and later as Assistant Controller. Ms. Hilzendager’s early career and training was at Merit Energy Company where she spent 4 years holding the position of GL accountant and property accountant. Ms. Hilzendager received both her B.B.A and M.S.A in Accounting from Southern Methodist University
TODD POMEROY | Operations Manager
Mr. Pomeroy delivers 14 years of empirical knowledge on the design, construction and operation of crude oil production operations from the wellhead to the sales point. Mr. Pomeroy has played an integral role in the development, commissioning and the on-going production of over 40 newly drilled projects in the last decade, while also designing, commissioning and operating a half dozen crude oil production & sales facilities as a Field Foreman in the Big Horn Basin of Wyoming. Mr. Pomeroy began his career with Vernon E. Faulconer, Inc. where he held positions as Operator, Lead Operator and finally the Wyoming Area Production Foreman. He first served as the Wyoming Region Field Forman in the fast-paced drilling and development program implemented by Legacy Energy, Inc, subsequent to acquiring Vernon E. Faulconer’s properties
OUR CORE VALUES
Management and the employees of Principle Petroleum will aim for EXCELLENCE in everything that we do. Business objectives and targets will focus on utilizing the strengths and talents we have developed, but we will also identify and make improvements to areas that will foster a competitive advantage for the company.
Business will be conducted with the highest level of INTEGRITY. We will treat our business partners and associates with respect, and we will expect the same in return.
Principle Petroleum recognizes the many areas of STEWARDSHIP in which we act on behalf of others. We will invest our partners equity with great care, we will utilize land and natural resources responsibly and we will honor our employees and contractors time.
Principle Petroleum was founded with the belief that significant value will be created through LOYALTY. The company will remain loyal to its partners and management will strive to create a working environment and reward system that instills loyalty from employees.
The company will remain focused on its objectives but will maintain the VISION to recognize a changing landscape or an emerging business opportunity. Executing our business plan will always require a balanced system of both short-term steps progressing towards long term goals and objectives.
The company will measure its effectiveness based on the RESULTS we achieve, and we will be accountable to our partners and to each other for achieving our objectives. Because of this, we will take pride in everything we do and assume ownership of everything we are responsible for.
Companies Under Management
Principle Petroleum LLC has provided comprehensive management services to upstream oil and gas companies since 2013. We have the experience and expertise to value assets, execute a due diligence process and assume control of companies.
- Manage the day to day business of the company and assets so our clients can focus on their primary business
- Significantly reduce the cost to run the company and operate assets when low cost is key to survival
- Alignment between the asset manager and the owner
- Increase the value of the assets and the company
- Prepare for and manage a sales process