Regions Permian, LLC (“Regions”) is a privately held oil and gas company focused on acquisition and development opportunities in select onshore basins throughout the United States, with a focus on the Permian Basin of Texas and New Mexico. Regions and its associated companies are managed by third generation oil and gas professionals based in Midland, Texas. Since 2013, Regions and its predecessors have collectively participated in the acquisition and divestiture of assets totaling over $500 million and covering over 30 counties across Texas and Oklahoma. In 2015, Regions partnered with a Kayne Anderson sponsored portfolio company, acquired and developed a position in core Midland Basin, and subsequently sold to Parsley Energy. In 2017, Regions partnered with Carnelian Energy Capital to pursue projects in the Midland Basin, subsequently selling to a Denver-Based Private E&P. Currently, Regions is pursuing Permian projects with private capital and strategic partners.
About Regions Permian
Areas of Interest
The company has purchased leasehold interest in over 15 counties throughout the Permian Basin. Currently, the company is acquiring acreage in the core of Midland and Delaware Basins in Texas and New Mexico.
Mr. Newkumet is the Chief Executive Officer and Co-Founder of Regions Permian, where he oversees the company’s development opportunities and transaction negotiations. Prior to founding Regions Permian, Mr. Newkumet founded Regions Energy LLC in 2012. Under his leadership, Regions Energy has established itself as an industry leader by successfully acquiring significant asset holdings in the Permian Basin. Prior to Regions Energy, Mr. Newkumet worked as a Landman in the Barnett Shale for Dale Property Services, LLC, a land brokerage firm hired by Chesapeake Energy Corporation. Born and raised in Midland, TX, Mr. Newkumet is a third generation member of an oil and gas family with origins in West Texas and Oklahoma. He holds a BBA in Finance and Economics from Southern Methodist University, where he was awarded the Frank L. Pitts Oil and Gas Scholarship from the Cox School of Business.
Ms. Gray serves as the Controller at Regions Permian. Previously, she worked as a Production Analyst for ExxonMobil and Ring Energy. Ms. Gray began her career in banking and has over 15 years of financial and analytical experience. Born and raised in the Dallas-Fort Worth Metroplex, she relocated to Midland from San Antonio in 2018. A third generation Red Raider, Ms. Gray graduated with her BA from Texas Tech University where she was a member of the Delta Delta Delta sorority.
LAND ADMINISTRATOR AND OFFICE MANAGER
Mrs. Turley serves as the Land Administrator and Office Manager at Regions Permian. She is a 5th generation Midlander who graduated from Baylor University with a BA in Communications with an emphasis in Marketing. Mrs. Turley has been with Regions since 2018.