William Lasher is on the Board of Managers of Praesidium Oil Co. Ltd. (“Praesidium”), serves as Chief Operating Officer and is a limited partner of the Company. Mr. Lasher is also President of Lasher Interests.
Prior to Praesidium, Mr. Lasher was one of three members on the investment team at Sherborne Investors (“Sherborne”), a ‘turnaround’ investment firm with ~$700mm assets under management. Sherborne’s focus, as an activist fund, was on investing in companies that have underperformed due to operational rather than capital structure considerations. In 2015, Barron’s ranked Sherborne the #1 global activist/event driven fund after considering returns to underlying partners and it remains among the top 10.
Mr. Lasher began his career in the global energy investment banking group of UBS, where he was involved in numerous M&A and financial advisory engagements for upstream, midstream and downstream oil and gas companies.
Mr. Lasher earned a B.B.A. and an M.P.A. in Accounting and Finance at the Red McCombs School of Business (UT – Austin) and CPA certification.
Mr. Lasher resides in Houston, Texas nearby (but not too close to) both of his parents and one of his two sisters. He is proud uncle to Liam and Grey McGuiness. He is the fourth generation of his family to enter the oil business.
Peter Currie is on the Board of Managers of Praesidium and is a limited partner in the Company. Mr. Currie has been in the energy and investment industry for over 34 years. He currently serves as the CEO of CenTree Ventures, LLC and Posse Resources, LLC, both family owned privately held companies that manage oil and gas joint venture and partnership interests in nearly 3,000 producing properties and minerals covering 300,000 acres throughout the U.S. Mr. Currie also acts as CEO of Continental Operating Company which operates oil and gas properties located in Louisiana, Oklahoma and Texas. He was formerly an Executive Vice President of Huddleston & Co., Inc., a petroleum and geological engineering consulting firm in Houston, Texas where Mr. Currie assisted in the completion of acquisitions, financing and public offerings in excess of $500 million for the energy business. In addition, Mr. Currie manages over $100 million in assets in numerous private investment partnerships and company retirement funds. In 1996 he co-founded and served as a managing member of multi-recognized “Aggie Top 100 Company”, CIMA ENERGY, LTD., an oil and gas marketing company with current annual sales exceeding $4 billion. Also in 1996 he became a director of Municipal Energy Resources Corporation, a provider of natural gas to various U.S. municipalities through their unique municipal bond offerings. In 2004, Mr. Currie was an initial investor and director of Denovo bank, Patriot Bank, in Houston, Texas that merged with Green Bank in 2015. Mr. Currie continued his role as a director of Green Bank until its recent merger with Veritex Bank in January 2019. In 2009, Mr. Currie represented a group that acquired Bryan/College Station’s Traditions Club and Community. Traditions Club is home to Texas A&M’s men’s and women’s golf teams. Over the past 10 years, the Traditions Community and Atlas Biomedical Corridor has tripled the club membership and has added over 1,000 single and multi-family residences, the Stella Hotel and Parc at Traditions Senior Living Community.
Mr. Currie holds a BBA degree in Management from Texas A&M University. He has served on the Dean’s Advisory Board for the Mays Business School at Texas A&M University since 2008 and participates in numerous non-profit organizations. He and his wife, Lisa, reside in Houston, Texas and have three children: Mitchell, Jordan and Joshua, each graduates of Mays Business School, as well as their two current children “in-law”, and they are also blessed with five grandchildren with a sixth due in September.
David Kimbell serves on the Board of Managers of Praesidium and is a limited partner of the Company. Mr. Kimbell’s primary obligations are to Burk Royalty Co. Ltd (“Burk”) where he is President, serves on the Board of Managers, and is a limited partner. Prior to becoming president of Burk, Mr. Kimbell served as senior vice president of exploration and oversaw all exploration and acquisition activities for Burk. Mr. Kimbell began his career as a landman for the Company in East Texas in 1980 and has continued to be active overseeing the Company’s participation in numerous plays in East Texas and Northern Louisiana.
Mr. Kimbell is also Chairman of the Board of Managers of Viva Energy Services, an affiliated well servicing and plugging company based in Odessa, Texas. Viva operates 33 well servicing rigs, a trucking division, down hole and fishing division, and plugging division.
Mr. Kimbell currently serves on the Board of Directors of the Boys and Girls Club of Wichita Falls, the finance committee of Sacred Heart Catholic Church, and the Board of the Catholic Charities of Fort Worth. He is an active member of IPAA and sponsor of the annual prayer breakfast and past board member of the Texas Alliance of Energy Producers. David and Mary have been married for 36 years and have 4 children and 5 grandchildren. Trey Kimbell, their oldest son, is a geologist and Mary Martha Kimbell, their youngest daughter, is a landman. They are the fourth generation of Kimbell family members to work for Burk Royalty.
Our team of professionals has extensive experience in oil and gas property evaluation and reserve determination, as well as title examination and transaction due diligence: