Thomas L. Powell, IV serves as President, CEO and Board Manager of CP Exploration II, LLC with offices in North Dallas, Houston, and Lafayette. Mr. Powell is responsible for providing strategic leadership for the company by working with his Board of Directors, Investment Committee, and Executive Management Team to establish short and long-term goals, strategies, and plans. Resident of Fort Worth, Texas. Business owner and oil and gas investor for 32 years. FAA Certified Private Pilot. From 1996 to 2008 he served as President and CEO of Thomas Development Corporation - Oil and Gas Acquisitions, with offices in Fort Worth, Lafayette, Scranton, and Pittsburgh. The geographical coverage of Thomas Development Corporation gives Tom significant insight and connectivity into various communities throughout the United States. Founder, President and CEO of CP Exploration, LLC and CP Energy, Inc. Member Texas Oil and Gas Association, Adam Energy Forum in Dallas, Adam-Houston Energy Network, Independent Petroleum Association of America, Louisiana Oil and Gas Association, American Association of Professional Landmen (AAPL), and Aircraft Owners and Pilots Association (AOPA).

Prior to CP Exploration II, LLC Tom personally acquired 26,000 net acres (2007) in the North Dakota Williston Basin - Bakken and Three Forks oil play. Developed, participated, then sold production in 147 horizontal wells and leasehold to Linn Energy (LINE), Tracker Energy, Occidental Petroleum Corporation (OXY) and Black Ridge (OTCQB: ANFC) for an aggregate $162 million in exit proceeds. Sold 14,000 acres in the Permian Basin to WPX Energy for an undisclosed confidential price (CA). Founded CP Exploration to establish a sustainable company and to identify and acquire oil and gas assets to drill/develop reserves and build value. Personally established and operates a 20,000 acre (64 well) Jack County, Texas Marble Falls and Caddo prospect as a low-risk and low cost of entry platform upon which to build production, cash flow and reserve growth. Personally established a 33,000 acre position with 87.5% nets/ten year term leases in East Texas. Personally owns various other assets in Gonzales County south Texas targeting the liquids-rich portions of the Eagle Ford Shale and the Permian Basin consisting of both working interest and royalty interest in 14 horizontal wells with EOG and Marathon. Investor in various corporations and assets located in Florida, Texas and Louisiana.  

Prior to CP Exploration, Tom was recognized by AAPL as one of the first companies to exclusively employ AAPL members; and therefore bound by their Code of Ethics and Standards of Practice. In the past, Mr. Powell provided professional acquisition services under Master Service Agreements to Anadarko Petroleum Corporation, Devon Energy, Marathon Oil Company, Palmer Petroleum, Schlumberger, Southern Bay Energy (GeoResources Inc.), Williams Inc., WPX Energy, and various other exploration companies. He has employed over 678 professionals throughout 17 states and has been directly involved in acquiring over 849,000 acres, 21,200 tracts of land and has assisted with the drilling of over 857 oil and gas wells and deals totaling $8.9 billion.

Married since 1987...Tom enjoys flying his airplanes, architecture, blue-water fishing, bird hunting, investing, serving on multiple company boards, and creating value. CP Exploration (CPX) was named after and by his three children.




   

 

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