Aethon Energy Operating LLC announced that Andrea Wescott Passman has been appointed as chief operating officer, Kang Chen as chief information officer, and Kat Lyles as general counsel.
Preston Phillips, senior vice president, A&D and Commercial, also was promoted to chief commercial officer, the Dallas-based company announced.
“We are thrilled to welcome Andrea, Kang, and Kat to our team, and to elevate Preston in recognition of his significant contributions to Aethon over more than 20 years,” Aethon CEO and Partner Albert Huddleston said in a statement. “The complementary and diverse expertise of our growing leadership team will continue to be a driving factor in our success, and I look forward to collaborating with our newest colleagues as we work to increase the scale of our business together.”
Gordon Huddleston, president and partner at Aethon added: “Our talented team is the heart of our success at Aethon, and I’m excited to partner with Andrea, Kang, Kat and Preston in continuing to create value for our stakeholders as both an investor and operator. Aethon is well-positioned to play a more significant role in accelerating the energy transition, and I am excited to partner with our growing leadership team in delivering our goal of net-zero natural gas from wellhead to electron.”
Energy industry veterans
To her new role, Passman brings 25 years of development and operations leadership experience in the oil and gas industry, most recently as chief operating officer of Denver-based Caerus Oil and Gas.
Before Caerus, Passman served in engineering and operational leadership roles at publicly traded CNX for five years, most recently as SVP of engineering and operations. Earlier in her career, Passman held planning and project management roles at Greenshale Energy and Halliburton.
Chen brings more than two and a half decades of strategic information, technology, and digital experience to Aethon, including more than 20 years in the energy and chemical industries.
Previously Chen was manager of digital and IT for ConocoPhillips Lower 48, which he joined through its acquisition of Concho Resources as vice president and chief information officer. Before Concho, he held multiple leadership roles at LyondellBasell and Deloitte.
Lyles has 15 years of experience as corporate, tax and legal counsel, including more than nine years in the oil and gas sector. Before coming to Aethon, Lyles was assistant general counsel and regulatory manager at Merit Energy Co., where she held several roles leading internal legal and compliance efforts.
Phillips has more than 20 years of acquisitions, divestitures and development experience in the oil and gas industry, Aethon said. Since coming to Aethon in 2002, Phillips has held leadership roles of increasing responsibility, most recently serving as SVP of acquisitions & divestitures and commercial. Prior to Aethon, Phillips worked in marketing and sales for Texas Instruments.
Aethon Energy is a private investment firm that manages and develops closed-end funds focusing on acquiring, operating, and developing onshore energy assets across North America.
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