Prior to the formation of EnCap in 1988, Mr. Petersen was a Senior Vice President and Manager of the Corporate Finance Division of the Energy Banking Group for Republic Bank from 1985 to 1988. His duties and responsibilities included mergers and acquisitions, financial advisory services and institutional fund raising activities for the energy industry. Prior to his position at Republic Bank, Mr. Petersen was an Executive Vice President and a member of the board of directors of Nicklos Oil & Gas Company in Houston from 1979 to 1984. Previously, Mr. Petersen was a Group Vice President in the Petroleum and Minerals Division of Republic Bank. He served from 1970 to 1971 in the U.S. Army in Washington D.C. as a First Lieutenant in the Finance Corps and as an Army Officer in the Army Security Agency.
Mr. Petersen holds Masters of Business Administration and Bachelor of Business Administration degrees in Finance from Texas Tech University and is a Distinguished Alumnus of Texas Tech. Mr. Petersen also has done post-graduate work at American University and the Stonier Graduate School of Banking at Rutgers University.
Mr. Petersen serves on the board of directors of several EnCap portfolio companies and is a member of the board of Plains All American, Inc. (NYSE: PAA) and EV Energy Partners (Nasdaq: EVEP). He is a member of the Independent Petroleum Association of America and the Houston Producers’ Forum. He is currently Chairman of Memorial Hermann Healthcare System Foundation Board and Chairman of the Council on Alcohol & Drugs Foundation Board in Houston. Mr. Petersen is a minority owner and limited partner of the NFL franchise- Houston Texans and the baseball team- Houston Astros.