Frank C. Ingriselli
Chairman at Blackhawk Energy Ventures Inc. & Pacific Energy Development Corp
Frank is a seasoned leader and entrepreneur with wide-ranging oil exploration and production experience in diverse geographies, business climates and political environments.
His career began with two decades of senior executive roles with Texaco up until his retirement from Texaco when it was acquired by Chevron in 2001. In 1983, Mr. Ingriselli led Texaco’s negotiation with China for its first successful international Oil Production Sharing Contract. The contract today is still producing a significant amount of petroleum for the citizens of China, generating substantial revenue for China National Offshore Oil Corp (CNOOC) and Chevron.
Experience SINCE TEXACO
Blackhawk Energy 2016-Present
Founder, CEO and President
Mr. Ingriselli founded Blackhawk Energy Ventures in 2016. Blackhawk Energy draws from Mr. Ingriselli and his team’s decades-long E&P experience, from off-shore deep water exploration, to the advanced drilling technologies that brought forth the Shale Revolution, to capitalize on the new opportunities presented in the next generation oil market.
The company focuses on identifying and acquiring under-valued oil assets and maximizing their production and profit by utilizing stringent cost-effective, low-overhead operation programs and aims to bring bottom-line profitability through operational efficiency and market responsiveness.
Pacific Energy Development 2011-2016
Founder and Chairman
Mr. Ingriselli founded Pacific Energy Development (PEDEVCO Corp.), an energy company focused on acquisition and development of energy projects, including shale oil and gas assets, in the United States. Through global partnership, Pacific Energy Development executes its high growth and early cash flow strategy. The company went public in 2012 (NYSE MKT: PED) with operations based in Colorado.
Pacific Asia Petroleum 2005-2009
In 2005, with a group of Texaco alumni, Mr. Ingriselli founded Pacific Asia Petroleum, Inc. (NYSE:PAP), a New York-based energy company with operations in China.