Novo Oil & Gas

 

Portfolio

Novo Oil and Gas Logo
Investment: 
2016

Novo Oil & Gas, LLC is an Oklahoma City-based exploration and production company focused on the pursuit of proven, liquids-rich unconventional assets within various onshore U.S basins. Novo is led by two former PayRock Energy managers that played an integral role in the company's assembly, development and ultimate sale of its core STACK position to Marathon Oil Corporation. Novo was formed in August 2016.

Fund Administration

Robert H. Haier Jr.
Chief Financial Officer
Houston
Bio
Robert H. Haier Jr.

Robert H. Haier Jr.

Chief Financial Officer

Prior to joining EnCap in 1997, Mr. Haier served in public accounting for 10 years, with the last seven years in the Price Waterhouse Energy Group.

As a Senior Manager, Mr. Haier was responsible for providing audit and business advisory services primarily to integrated energy and independent oil and gas companies. Mr. Haier also served in the Price Waterhouse Corporate Finance Group, where he focused on transaction support and investment advisory services.

Mr. Haier is a Certified Public Accountant and a Certified Management Accountant and holds a Bachelor of Business Administration in Accounting from The University of Texas at Austin.

He is a member of the American Institute of Certified Public Accountants, the Institute of Certified Management Accountants, the Independent Petroleum Association of America and the Houston Producers’ Forum.

Craig Friou
Deputy Chief Financial Officer
Houston
Bio
Craig Friou

Craig Friou

Deputy Chief Financial Officer

Prior to joining EnCap in August 2019, Mr. Friou spent 23 years in client service at PwC in Houston, Aberdeen (UK) and Dallas. His clients primarily included public- and private-equity-backed independent E&P and oilfield services companies. He was in the audit practice for 21 years before joining transaction services, where he helped private companies go public and worked with public companies’ registration statements required for capital raising, M&A and asset acquisitions.

Mr. Friou is widely regarded as a subject matter expert in the oil and gas industry. He was a key contributor to the development of the Petroleum Accounting 7th Edition textbook and to the U.S. PwC Survey of U.S. Petroleum Accounting Practices. Craig also is a founding member of the Planning Committee for the AICPA/PDI National Oil and Gas Conference. Mr. Friou also spent seven years developing the content for and presenting at PwC's Petroleum Academy and served as a guest lecturer at the UT- Dallas in Oil & Gas Financial Management.

Outside of work, Mr. Friou is a dedicated volunteer and avid supporter of local organizations. He is a community service volunteer and board member of the Rotary Club of West U and Youth Development Center (YDC). He has also been a fundraiser for the Rotary Lombardi Award, supporting the fight against cancer.

Mr. Friou is a graduate of The University of Texas with BBA and MPA degrees in accounting. He is a CPA and a member of AICPA and the Texas Society of CPAs.

Shamil Zuberi
Chief Information Officer
Houston
Bio
Shamil Zuberi

Shamil Zuberi

Chief Information Officer

Prior to joining EnCap in 2019, Mr. Zuberi served for more than 15 years in the IT industry working primarily as a Technology Strategist. Most recently, he worked as a V.P. of Consulting Services for eConsortium, a Microsoft Gold Partner and was responsible for managed services practice with a heavy focus in the oil and gas space.

Mr. Zuberi has a Bachelor of Business in IT from Beaconhouse Informatics. He is a Microsoft Certified Professional along with certifications in Security and Cloud Infrastructure.

Melissa Standley
Head of Tax
Houston
Bio
Melissa Standley

Melissa Standley

Head of Tax

Prior to joining EnCap in March 2008, Ms. Standley served in the corporate tax department of Tesco Corporation, an oilfield services company. Previously, from 2001 to 2006, she was the Tax Director of BindView Corporation, a publicly traded software company. While at BindView, Ms. Standley was responsible for the company’s worldwide tax planning, compliance and reporting. She began her career in public accounting with PricewaterhouseCoopers. 

Ms. Standley received a Bachelor of Business Administration in Accounting and an M.P.A. in Taxation from The University of Texas at Austin and is a Certified Public Accountant.

She is a member of the American Institute of Certified Public Accountants and the Texas Society of CPAs.

 
Jason Morgan
Director, Financial Reporting
Houston
Bio
Jason Morgan

Jason Morgan

Director, Financial Reporting

Prior to joining EnCap in January 2011, Mr. Morgan served as an Audit Manager with PricewaterhouseCoopers and has over eight years of experience in public accounting. While at PricewaterhouseCoopers, Mr. Morgan worked primarily on the audits of financial services companies performing GAAP and statutory financial statement audits.

Mr. Morgan received a Master in Professional Accounting and a Bachelor of Business Administration in Accounting from The University of Texas at Austin and is a Certified Public Accountant.

He is a member of the American Institute of Certified Public Accountants and the Texas Society of CPAs.

Jason Hajdik
Director
Houston
Bio
Jason Hajdik

Jason Hajdik

Director

Prior to joining EnCap in September 2012, Mr. Hajdik worked at BMO Capital Markets and Madison Williams & Company (formerly Sanders Morris Harris, Inc.). At BMO, he worked as an investment banking associate and at Madison Williams he worked as an E&P equity research associate. Previously, he spent four years as a Process Engineer at S&B Engineers & Constructors, Ltd.

Mr. Hajdik holds a Bachelor of Science in Chemical Engineering from The University of Texas at Austin and a Master of Business Administration from Vanderbilt University’s Owen Graduate School of Management.

Jonathan Patrick
Controller
Houston
Bio
Jonathan Patrick

Jonathan Patrick

Controller

Prior to joining EnCap in January 2013, Mr. Patrick spent over five years in public accounting, including time at Deloitte in their Audit and Enterprise Risk Services practice. In addition, Mr. Patrick has experience in the Treasury and SEC Financial Reporting functions for Ares Management in Los Angeles.

Mr. Patrick received a Master in Professional Accounting and a Bachelor of Business Administration in Accounting from The University of Texas at Austin and is a Certified Public Accountant. He is a member of the American Institute of Certified Public Accountants.

Rishi Desai
Compliance Officer
Houston
Bio
Rishi Desai

Rishi Desai

Compliance Officer

Prior to joining EnCap in 2017, Mr. Desai served as Director, Counsel and Senior Compliance Officer at Tudor, Pickering, Holt & Co. Asset Management, where he provided legal and regulatory compliance services to the company’s registered investment adviser and investment products. Previously, Mr. Desai worked for The Investment Fund for Foundations, a multimanager, multistrategy investment platform, in its legal and compliance department and as Counsel and Director at The Cipperman Companies, a boutique investment management law firm and regulatory compliance consulting company. He began his career as an associate attorney in the investment management and commercial finance groups of Thompson Hine LLP.

Mr. Desai received his Juris Doctor from Case Western Reserve University School of Law. He also received his Bachelor of Arts in Economics from The George Washington University.

Caleb Allen
Senior Manager – Tax
Houston
Bio
Caleb Allen

Caleb Allen

Senior Manager – Tax

Prior to joining EnCap in August 2012, Mr. Allen served as a Tax Manager with PricewatehouseCoopers and has over eight years of experience in public accounting. While at PricewaterhouseCoopers, Mr. Allen worked primarily on the EnCap tax compliance engagement and other upstream oil and gas partnership tax compliance engagements.

Mr. Allen received a Bachelor of Business Administration in Accounting from Baylor University and is an Enrolled Agent.

Cole Sanches
Vice President, Financial Reporting
Houston
Bio
Cole Sanches

Cole Sanches

Vice President, Financial Reporting

Prior to joining EnCap in July 2014, Mr. Sanches served as an Audit Manager with PricewaterhouseCoopers and has over seven years of experience in public accounting. While at PricewaterhouseCoopers, Mr. Sanches worked primarily on the audits of integrated energy and financial services companies performing IFRS, US GAAP and statutory financial statement audits.

Mr. Sanches received a Master in Professional Accounting and a Bachelor of Business Administration in Accounting from The University of Texas at Austin and is a Certified Public Accountant.

He is a member of the American Institute of Certified Public Accountants.

Katherine Cangelosi
Assistant Controller
Houston
Bio
Katherine Cangelosi

Katherine Cangelosi

Assistant Controller

Prior to joining EnCap in July 2008, Ms. Cangelosi served as an Accounting Assistant with Mid-South Telecommunications Company, Inc. from 1997 to 2008. In this capacity, she handled various accounting and reporting duties for the Harry E. Bovay, Jr. Foundation, S&A Telephone Company, Bovista Real, Inc., and Mid-South Telecommunications Company, Inc. 

Ms. Cangelosi received a Master of Business Administration in Finance and International Business and a Bachelor of Business Administration in Marketing from the University of St. Thomas in Houston.

Jane Gu
Senior Accountant
Houston
Bio
Jane Gu

Jane Gu

Senior Accountant

Prior to joining EnCap in February 2016, Ms. Gu spent about three years at Atlantic Trading and Marketing, where she managed the company’s financials, treasury functions and reporting. Previously, she had worked at SBM Offshore and Peabody Energy as a Senior Accountant and served in public accounting in the financial audit area for a combined seven and a half years.

Ms. Gu is a Certified Public Accountant and holds a Master of Science in Accounting from Saint Louis University.

John M. Stricker
Senior Accountant
Houston
Bio
John M. Stricker

John M. Stricker

Senior Accountant

Prior to joining EnCap in February 2000, Mr. Stricker spent a combined six years with Randall’s Food Markets and Sysco Corporation in the financial reporting area. Mr. Stricker’s primary duties with EnCap include fund and investor reporting for each of the investment funds.

He holds a Bachelor of Business Administration in Accounting from the University of Houston and is a Certified Public Accountant.

Leigh Anne Hooper
Tax Senior
Houston
Bio
Leigh Anne Hooper

Leigh Anne Hooper

Tax Senior

Prior to joining EnCap in July 2016, Ms. Hooper spent two years working at Ernst & Young, where she focused on federal and state tax compliance and provisions for clients in a variety of industries.

Ms. Hooper graduated Magna Cum Laude from Texas A&M University with a Master of Science in Finance and a Bachelor of Business Administration in Accounting and Business Honors. She is a Certified Public Accountant.

She is a member of the American Institute of Certified Public Accountants and the Texas Society of CPAs.

Estera Dan
Tax Associate
Houston
Bio
Estera Dan

Estera Dan

Tax Associate

Prior to joining EnCap in August 2014, Ms. Dan spent eight years with Kinship Trust Company in tax and financial reporting. Ms. Dan is responsible for the administrative functions for the tax department.

Ms. Dan holds a Bachelor of Arts degree from the University of Illinois at Chicago.

Sherri Horn Spears
Executive Assistant/Human Resources
Houston
Bio
Sherri Horn Spears

Sherri Horn Spears

Executive Assistant/Human Resources

Fund Administration
Robert H. Haier Jr., Chief Financial Officer

Alexis Baker
Accounting Assistant
Houston
Bio
Alexis Baker

Alexis Baker

Accounting Assistant

Jason Morgan, Director, Financial Reporting
Jonathan Patrick, Controller​
Cole Sanches, Vice President, Financial Reporting
Katherine Cangelosi, Assistant Controller
Jane Gu, Senior Accountant
John M. Stricker, Senior Accountant