We think like investors.
Every decision is results driven and we actively manage assets.
Non-op doesn’t mean inactive. Too many people think of non-op as being a purely passive investor. The difference with us is that choosing to participate in a well is just the first step. Beyond that is a conscious effort to learn from our unique position to maximize returns for our stockholders.
Michael Sabol, VP – SEC and Financial Reporting
Our primary goal is to return capital to stockholders. Underlying every decision we make to acquire a new asset or participate in a new well is this fundamental question — will this decision help us accomplish that goal?
Dane Roybal, Director – Financial Planning and Analysis
Data and technology driven.
The world is data driven now. Data is the single source of truth. You wouldn’t want your bank to be sorta-truth or sorta-real-time. You want it to be accurate and real time. The same can be said of our assets. We answer a lot of questions with data if we just get it all in the right place and begin modeling.
Amanda Bailey, VP – Chief Technology Officer
Continuous forensic analysis.
Every well we own is unique and everything about that well is scrutinized and needs to be understood so that we can be sure that asset is optimized. We view each well as a “kid in the class” and we are responsible for the performance of each and every kid.
Brian Southern, Lead – Vulcan and Mercury
For Vitesse, due diligence doesn’t end on the defect notice date, it’s just the beginning. After closing, the land, accounting and legal teams begin fly-specking each well, lease and material contract to ensure Vitesse receives maximum value from the acquisition.
Gina Matero, VP – Legal, Oil and Gas Operations
Deep industry relationships.
Rather than just having a relationship with the operator, we strive to have direct relationships with each party in the chain of ownership — the operator, the non-op competitor and the mineral owner. This is different from other companies in that we do it all in-house.
Matt Olson, VP – Mergers and Acquisitions
Integrated culture drives multi-disciplinary decision making.
We don’t have a top-down hierarchy where the person at the bottom doesn’t know the broader goals of the organization. At Vitesse, not only do we get insight into why we are doing what we are doing, we are asked for our opinion and if we are thinking about the issue the right way.
Ben Messier, Director – Investor Relations and Business Development
At Vitesse, we are not run by just a few individuals. We are truly a team and we all need to understand the economics behind the decision-making that goes on. Each person has a voice in the decisions that lead us closer to achieving the overarching mission of the company.
Adam Cree, Director – Engineering
Comprehensive reporting.
Attention to detail is our strength. We process 6,000+ wells each month, which generate 100,000+ lines of detail in expense and revenue. It’s easy to get lost. But, we’ve developed procedures to quickly isolate a problem, analyze it and figure out what we need to do to solve it.
Mike Morella, VP – Chief Accounting Officer