Natural Resources >> CEO Interviews >> January 22, 2013
Malone Mitchell III is Chairman and Chief Executive Officer of TransAtlantic Petroleum Ltd. From 1985 to 2006, Mr. Mitchell built Riata Energy into one of the largest privately held energy companies in the United States. In 2006, he sold a controlling stake in Riata Energy. Later, Riata Energy was renamed SandRidge Energy. Near the time of sale, SandRidge Energy had 1 Tcf in proved reserves, 300 miles of gas-gathering pipeline, greater than 34,000 horsepower of gas compression, and owned or operated 43 drilling rigs. Shortly after stepping down from SandRidge, Mr. Malone founded Mitchell Group, a privately owned oil and gas exploration and production company. Mitchell Group includes Riata Management and Longfellow Energy. Prior to his involvement with Riata Energy and Mitchell Group, Mr. Mitchell worked in the oilfield services industry and was employed with his family's ranching and aviation businesses. He manages TransAtlantic's daily operations and spends a considerable portion of his time in Turkey, Bulgaria and Romania. He graduated from Oklahoma State University in 1983 with a B.S. Profile
TWST: Could you begin with a brief historical sketch of the company and a picture of the things you’re doing at the present time?
Mr. Mitchell: While I am not familiar with all of