The Impartial Petroleum Affiliation of America (IPAA) board of administrators have introduced Michael “Mike” A. Hillebrand, the chief government officer of Pennsylvania-based Huntley & Huntley, as board chairman for a two-year time period by way of 2026. IPAA advocates for 1000’s of oil and pure fuel producers that develop 90 p.c of wells nationwide. The IPAA board authorized Hillebrand on the affiliation’s annual assembly in late fall, and Hillebrand formally assumed the function this month.
“Mike brings incredible enterprise and technical experience to the function of chairman, coupled with a ardour for trade and affiliation advocacy,” mentioned Jeff Eshelman, IPAA president and chief government officer. “Previous-chairman Steve Pruett, the president and chief government officer of Elevation Sources, has been invaluable in increasing IPAA’s attain in Texas and the Permian basin. I sit up for working with Mike on deepening our roots and relationships in my residence state of Pennsylvania and all through the Appalachian basin formations.”
Hillebrand is a principal shareholder and chief government officer of one of many world’s oldest and constantly present oil and fuel corporations, Huntley & Huntley (based in 1912), the founder, shareholder, and board member of its institutional three way partnership, Olympus Vitality, the fifth largest shale producer in southwestern Pennsylvania. Mr. Hillebrand has thirty-nine years of mixed expertise in each vertical and horizontal nicely drilling, completions, and operations, in addition to all working and monetary features of oil and pure fuel enterprise improvement, meeting and acquisition, and advertising and marketing.
He has performed a key management function in securing over $1.1 billion of capital funding and/or commitments into a number of of Huntley’s affiliated corporations. A kind of corporations, Olympus Vitality, now operates almost 100,000 acres and in one in every of SW Pennsylvania’s final undeveloped core Marcellus, deep Utica and Higher Devonian unconventional shale positions, now producing over 600 mmcf/d.
Mr. Hillebrand is a graduate of the Pennsylvania State College with a Bachelor of Science diploma in Petroleum and Pure Fuel Engineering. He’s member of the Society of Petroleum Engineers (SPE) and the present Chairman of the Pennsylvania Impartial Oil and Fuel Affiliation (PIOGA).