Management Team

MICHAEL RALEIGH

Chief Executive Officer

Mr. Raleigh has held a number of positions in the global oil and gas business spanning 35 years, primarily in the areas of reservoir development strategy, property valuations, completions and production. Mr. Raleigh’s experience ranges across North and South America, the UK North Sea, Russia, the Caspian area and the Middle East. Most recently, in mid-2005, Mr. Raleigh became a technical consultant to JVL Advisors and a founding partner of Lobo Baya, LLC. Lobo Baya currently manages and serves as the General Partner to four Permian based drilling partnerships focused on non-conventional oil and gas development. These private partnerships have deployed over $200 mm of capital and created a very attractive portfolio of non-conventional assets for its limited partners.

In 1985, Mr. Raleigh co-founded an engineering and software development business which was merged into Intera and then sold to Schlumberger Oilfield Services in late 1996. The key reservoir modelling platform within the acquired business, ECLIPSE, is now the global industry standard for comprehensive reservoir evaluation and asset management. While at Schlumberger from 2000 through 2004, Mr. Raleigh pioneered the origination of several large ($100 million and greater) field development projects coupled with structured finance. Schlumberger products and services coupled with other service companies’ offerings and third party risked capital were deployed in return for production payments. These projects proved very successful for Schlumberger and its partners. Prior to the acquisition of Intera by Schlumberger, Mr. Raleigh provided expertise on such varied projects as Permian Basin water floods, Rockies, Mid-continent and Gulf Coast tight gas and coal bed completions and asset development; economic feasibility studies for the giant Cantarell complex, advising senior management of PEMEX; the North Kuwait Oilfields, determining the economic damages caused by the Iraqi invasions and provided support for Kuwait’s claims at the UN. While at the predecessor company, from 1985 through 1996, Mr. Raleigh oversaw project management for various oil and gas development projects including conventional oil and gas, secondary oil recovery and unconventional gas production assets focusing on tight gas, shale gas and coal-bed methane. From 1997 until March 2000, Mr. Raleigh served as Head of the European Division of Schlumberger’s consulting services division covering Middle East, Europe, Africa, Russia and the North Sea providing integrated geosciences and engineering asset management solutions. He was responsible for managing a group of professionals in Moscow, Aberdeen, Dubai and London. Mr. Raleigh established relationships with many senior operating personnel in the global oil and gas business including a number of the National Oil Companies.

Mr. Raleigh graduated from Queens University in Canada in 1979 with a Bachelor of Science Degree in Chemical Engineering and received his Master’s Degree in Business Administration from the University of Colorado in 1993.

 

B. LANE BOND

Chief Financial Officer & Director of Finance

Lane Bond joined Epsilon in January 2012 as Director of Finance and was subsequently promoted to Chief Financial Officer in May 2012. Mr. Bond’s financial career spans over 25 years with extensive management and oil and gas experience domestically and internationally. He was previously employed by Occidental Petroleum Corporation where he served in various senior management capacities within the finance and accounting functions in the United States, Libya, Yemen, Siberia, Pakistan and Indonesia. Mr. Bond holds a Masters in Business Administration from the University of Tulsa and a Bachelor of Science in Accounting from the University of Arkansas.

 

HENRY CLANTON

Chief Operating Officer

Mr. Clanton is an industry veteran with over 30 years of experience in the upstream E&P sector.  He has managed all phases of drilling, completions, production and field operations.  He joins Epsilon after having spent 14 years with a private E&P start-up which he Co-Founded and served as a Managing Partner.  During his tenure, the company leased 55,000 acres, acquired $60MM of properties, shot 60+ square miles of 3D seismic and drilled over 50 wells including recent generation horizontal wells.

From 1998 to 2003, Mr. Clanton worked with Schlumberger in the Integrated Project Management (IPM) group.  He held several management positions including GOM Operations Manager, Asset Manager for the Texaco-Schlumberger Joint Venture, a multi-disciplinary team evaluating the remaining reserve potential of JV fields, and as Project Manager – IPM Support Center, providing expert support to the development and worldwide implementation of Production Management Services within Schlumberger.

Mr. Clanton served as a business analyst for ARCO Permian from 1995 to 1998.  There he coordinated the annual budget/long range planning, conducted operational benchmarking studies and competitor analysis, tracked CAPEX investment and profitability, and directed the annual reserve study.  Mr. Clanton began his career in operations with Coastal Management Corporation, a private project management company that sold to Schlumberger.

Mr. Clanton graduated from Texas A&M University in 1986 with a Bachelor of Science Degree in Petroleum Engineering and received his Master’s Degree of Business Administration from Texas A&M University in 1993.

 

PAUL ATWOOD

VP of Financial Planning and Analysis

Paul Atwood joined Epsilon in November, 2011 as a Director of Corporate Strategy and was subsequently promoted to Vice President of Financial Planning and Analysis in June, 2012. Prior to Epsilon, Mr. Atwood co-founded an investment management company focusing on timberland and mineral acquisitions in the southeastern US. Mr. Atwood holds a Masters of Business Administration from the Tuck School of Business at Dartmouth College and a Bachelor of Science from the University of the South.

 

SHANNON LEMKE

VP of Exploration

Shannon Lemke joined Epsilon in November, 2017 as Vice President of Exploration.  She has over 17 years of experience working for both public and private equity backed companies focusing on Onshore US conventional and unconventional exploration and development.  Prior to joining Epsilon, Ms. Lemke was the Vice President of Exploration for NewVista Energy Partners and held various positions at Vitruvian Exploration I and II and Newfield Exploration.   Shannon graduated with a B.S. in Geological Engineering from Michigan Technological University.  She is a member of AAPG and HGS, is a trustee for the HGS Undergraduate Scholarship Foundation and serves on the Michigan Tech Presidential Council of Alumnae and BSGE Curriculum Advisory Board.