
About Us
Ridgemar Energy
Ridgemar Energy is a Houston-based upstream company focused on creating value through the acquisition, development and operation of oil and gas assets. The Ridgemar team has significant technical, operational and commercial expertise in unconventional and conventional asset development and is committed to operating with integrity, discipline and professionalism.
Ridgemar is partnered with Carnelian Energy Capital Management, L.P., a Houston-based energy investment firm with approximately $2.8 bn of assets under management..
Meet Our Team
Preston Powell
Chief Executive Officer
Preston was previously Managing Director and a member of the Management Committee at Ridgemar’s private equity sponsor, Carnelian, where he was responsible for leading upstream investments, transaction due diligence and the execution and monitoring of active portfolio company investments. Prior to joining Carnelian at its founding, Preston was an energy private equity investor with…
Mina Elmalak
Chief Operating Officer
Mina previously served as Chief Operating Officer of ExL Petroleum II where he oversaw the company’s technical evaluations. Prior to ExL, Mina served as Asset Manager of ConocoPhillips’, and its predecessor, Concho Resources, Northern Midland Basin asset team where he oversaw reservoir and operations engineering, geology, and field operation functions as well as planning and develop…
David Loveday
Chief Technical Officer
Dave was previously a Partner and Chief Technical Officer of Millennial Energy Partners, which made upstream investments across all the major onshore unconventional plays of North America. He began his career as a geologist in the Gulf of Mexico with Chevron and would go on to lead development and exploration efforts in West Africa and Brazil. Dave brings more than a decade of…
Robert Leidy
VP of Reservoir Engineering
Robert previously served as Reservoir Engineering Manager of ExL Petroleum II with primary focus on conducting the company’s technical evaluations. Prior to joining ExL, Robert served as the Northern Midland Basin Reservoir Engineering Supervisor at ConocoPhillips, and its predecessor, Concho Resources. In this capacity he led a team of engineers though numerous budget, reserves, and…
James Parker
VP of Land and Business Development
James previously served as Partner and Vice President of Land of Wayfinder Resources Operating, LLC, where he oversaw the land and business development efforts for the company in the SCOOP, STACK, MERGE trend in Oklahoma. Prior to Wayfinder, James served as Land Manager for Oasis Petroleum where he played a role in multiple large-scale acquisitions in the Williston and Permian Basins…
Grant Hoffner
Senior Reservoir Engineer
Grant was previously at Truist Securities, formerly SunTrust Robinson Humphrey, and served as Vice President within their Energy Investment Banking team where he was responsible for the technical evaluations used in buyside, sellside and other M&A transactions. Prior to joining Truist, Grant held reservoir and production engineering roles with EnerVest Operating, where he spent time…
Get In Touch
Contact Details
Our Location
1401 McKinney Street
Suite 1650
Houston, Texas 77010