Jonah Energy Announces Closing of Comprehensive Balance Sheet Recapitalization and Equity Raise of $85 Million
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Denver, CO, April 24, 2017 – Jonah Energy LLC announced today that Patrick Welch has been appointed Vice President and Chief Financial Officer. Mr. Welch’s appointment is effective April 10th.
Mr. Welch most recently served as Executive Vice President and Chief Financial Officer of JP Energy Partners from November 2013 through its recent merger with American Midstream Partners. Previously, Mr. Welch held Chief Financial Officer roles with Atlantic Power Corporation and a privately-held renewable energy company, and provided consulting services to many upstream and midstream energy companies. Mr. Welch began his career in public accounting with PwC and Deloitte before transitioning to leadership roles with DCP Midstream and Dynegy. He holds a Bachelor’s degree in Business Administration from the University of Central Oklahoma, and is a Certified Public Accountant.
“We are excited to have Pat join the Jonah Energy team,” said Tom Hart, Jonah Energy’s Chief Executive Officer. “Pat’s broad financial and accounting expertise coupled with his diverse background and leadership skills will be a great addition. I look forward to working closely with Pat as we continue to successfully grow our business and execute our strategy.”
Download the Jonah Energy Appoints Patrick Welch as Vice President and Chief Financial Officer press release.
Jonah Energy LLC was created in the spring of 2014 with the acquisition of producing assets within the Jonah Field in Sublette County, Wyoming. Jonah Energy is one of the largest privately-held natural gas producers in the US and is continuing to explore expansion opportunities in established basins throughout the onshore US. The company’s investor group is led by TPG Capital LLC and includes EIG Global Energy Partners and management.