Mark Bush, CEO
Mr. Bush has over 27 years of experience in all phases of oil and gas exploration. He has been involved in a number of discoveries, both domestically and internationally. He has evaluated projects and made valuable financial contacts from the eastern U.S. to London, Europe, the Middle East and the Far East. Mr. Bush began his career as Land and Operations Manager with Lawless Energy in Midland, Texas for 10 years beginning in 1983. With his efforts, a number of deep gas tests were drilled on the Central Basin Platform and in the Delaware Basin of West Texas and New Mexico. In 1993, he formed Mescalero Energy, Inc., where he was responsible for drilling and operating over 36 horizontal wells in the Austin Chalk trend, from the Pearsall to the Giddings fields. He also drilled wells in South Louisiana near Abbeville.
In 1997, Mr. Bush formed Fortis Energy, where he directed West Texas exploration and exploitation efforts for joint ventures with Shell-Amoco, Mobil, and Tom Brown. These projects involved the interpretation of large 3D seismic data sets. In 1999, this company was absorbed into Touchstone Resources, Ltd., where Mr. Bush was President and CEO. Touchstone Resources has explored for oil and gas in South Louisiana, West Texas, South Texas, and Southeast Texas.
In 2002, Mr. Bush was a Founding and Managing Partner in APICO, LLC that participated with Amerada Hess onshore Thailand. Mr. Bush was responsible for bringing underbalanced drilling to this project, which resulted in a discovery projected to be 3 trillion cubic feet of gas (TCF). APICO, apart from Hess, has licensed over 2 million acres surrounding the Phu Horm discovery.
Again in 2002, Mr. Bush was a founder and the General Manager for KnoxMiss Partners, LP. This project was a 50% partnership with Clayton Williams Energy, which established a leasehold position of 120,000 acres in a play which has followed up the Fina-Devon discovery of the 190 BCF Maben Field.
Mr. Bush started South Oil, Inc. in 2004, where in this capacity, he managed the leasehold acquisition of 6,400 acres in the prolific Vicksburg trend of South Texas, where 12 wells have been drilled to date. South Oil was also responsible for the acquisition of 20,000 acres in the Maverick Basin from Blue Star Oil and Gas, owned by Jerry Jones of the Dallas Cowboys. Additionally, South Oil acquired and managed 41,000 contiguous acres in western Colorado near Grand Junction, where the potential to drill 500 Dakota wells at an average depth of 2,800 feet. The program has drilled its 12th well to date.
In December 2005, Mr. Bush completed an acquisition of 5400 Acres in the Barnett Shale. Petrobridge in Houston provided financing. A $25 Million Dollar Senior Line of Credit was made available. In 2006, 26 horizontal Barnett Shale wells were drilled and in 2007 another 15 wells were drilled.
In 2009, Mr. Bush and partners acquired 5,000 acres in the Luling, Texas area. As operator, he has successfully drilled and completed the first well, and has permitted the next three wells. Current estimates are that the partnership has discovered a 5 MMBO field. Also in 2009, Mr. Bush and Neil Bush partnered to form TX Oil Ltd. an oil and gas company seeking international oil and gas concessions.
Mr. Bush played varsity football, and attended both Texas Tech and Panhandle State University. Mr. Bush completed his education and majored in Business at the University of Texas Permian Basin.