Great Western Petroleum Names CFO
Great Western Petroleum Names CFO
Brady Parish Adds Key Industry Expertise to Lead Great Western Petroleum Financial Strategy
DENVER – Oct. 23, 2018 — Great Western Petroleum has named 20 year oil and gas industry executive Brady Parish as chief financial officer.
Prior to joining Great Western, Parish was senior managing director and head of U.S. oil and gas investment banking for Texas-based Macquarie Capital , leading all advisory and capital raising businesses serving the oil and gas sector. During Parish’s tenure, he profitably grew Macquarie’s U.S. oil and gas investment banking practice and added substantial advisory and capital market capabilities.
“Brady is a highly-talented and respected industry leader and brings a wealth of knowledge to fuel Great Western’s continued growth,” said CEO Rich Frommer. “We are pleased to add his extensive skills to our dynamic leadership team.”
Brady Parish brings decades of expertise from a dynamic career that includes strategic leadership positions within investment banking, capital markets and oil and gas company leadership.
“As the largest private operator in the third most prolific basin in the U.S., Great Western Oil and Gas represents a tremendous opportunity for future value creation that I embrace,” said Brady Parish. “Great Western’s $2.5B of assets in the DJ Basin provides tremendous strength and flexibility and I look forward to helping grow its business in the future.”
Parish joins Great Western Oil and Gas leadership and immediately assumes his new responsibilities.
About Great Western Petroleum
Denver-based Great Western Petroleum (GWP), an affiliate of The Broe Group, is the largest private operator in the third largest oil and gas basin in the country. GWP is focused on low-to-medium risk development and exploitation opportunities in oil/liquids weighted, established hydrocarbon provinces. GWP’s demonstrated and repeatable business model is based on continued aggressive organic growth from existing multi-year inventory, expanding positions in the DJ Basin, and strategically entering other basins which have demonstrated upside and growth potential that can leverage our operations and development expertise. GWP seeks a lower risk, multi-faceted value creation proposition through multiple stacked pays, unrealized behind pipe potential, operational efficiency improvements and/or enhanced secondary or tertiary recovery potential. Our success is founded in our network of relationships, our presence and deep local knowledge, and our strong technical and financial capabilities. Learn more at www.greatwesternpetroleum.com.
About The Broe Group
Based in Denver, The Broe Group and its affiliates form a privately-owned, multi-billion dollar real estate, transportation, energy and investment organization with assets owned and managed across North America. Together, Broe managed companies employ more than 1,000 people and provide employment for thousands of others through operations such as its Great Western Industrial Park in Northern Colorado. Its transportation affiliate, OmniTRAX, Inc., is one of North America’s largest private railroad and transportation management companies specializing in: management services, railroad and port services, intermodal solutions and industrial switching operations. Its energy affiliates include Great Western Oil & Gas Company, the largest private operator in the third most prolific U.S. basin. Broe Real Estate Group acquires, develops and manages office and industrial properties, medical office buildings and multi-family communities across the country, including premier assets in many of the most desirable markets. The Broe Group also has multiple investment affiliates, including Three Leaf Ventures, which is focused on innovative healthcare technology start-ups. For more information, visit broe.com.