Regions Permian, LLC

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Regions Permian

Focusing on acquisition and development opportunities in the Permian Basin of Texas and select onshore basins throughout the United States

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About Regions Permian

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, with a focus on non-operated working interest with tier one operators.

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.

About the Founder

TRAVIS NEWKUMET
CEO, FOUNDER
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.

Core Principals and Ethics

Regions was established on the principles of hard work and diligence. In early 2013, the founder took calculated risks and embraced the opportunities that were uncovered. This approach resulted in a few ventures that did not pan out, and several that were highly successful. A strong work ethic, humility, and a willingness to go above and beyond were key contributors to the early success of the company. These principles remain at the core of the business today and are valued in employees and contractors. The company strives to conduct business with fairness and equity towards all business partners, staff, and contractors.

Contact

Office Address:
550 W Texas Ave, Suite 200
Midland, TX 79701

Phone: (432)-682-6700
Fax: (432)-682-6710
E-mail: admin@regionspermian.com

Mailing Address:
P.O. Box 10971
Midland, Texas 79702