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Chief Executive Officer – Owning Partner
Born and raised in the oil and gas business, one could say that oil runs through Felix’s veins growing up in Midland, Texas. Now the CEO of Amac Energy, Mr. Acree has over 42 years of experience working in nearly every facet of the oil and gas industry. His well-rounded, diverse and extensive experience equips him with a unique insight for assessing potential investment opportunities and bringing them to fruition.
Mr. Acree has worked extensively in reservoir, production and drilling engineering as well as operations and management. In his career Mr. Acree has also worked extensively with exploration programs to assign reserves and build risked economic models to evaluate exploration plays and build portfolios. His long tenure in the industry has allowed him to work both in the U.S. and world-wide.
From 1985 to 1997, Mr. Acree was employed by Anadarko Petroleum where he held several positions, including staff petroleum engineer in Algiers, Algeria and Senior staff reservoir engineer in the international exploration group. Later in his career he served as a general a operations manager and general manager for Argentina and exploitation supervisor for Devon Energy where he managed assets in Egypt, Russia, Azerbaijan, China and Indonesia.
In the 2000s, he worked as an engineering and planning manager, including portfolio management, for Endeavour International Corporation and was responsible for all North Sea acquisitions in the United Kingdom, Norway, Netherlands and Denmark. Mr. Acree also has extensive experience close to home as he was most recently director of engineering for Branta Exploration Company where he held multiple positions including managing reservoir engineering and production operations in East Texas, Utah and Louisiana and was involved in the discovery of a new play in the Uintah Basin that was sold to Newfield (now Ovintiv). The play is currently in the development phase and has had over 200 horizontal wells drilling and completed in the Uttleland Butte formation.
Mr. Acree is the backbone of Amac Energy and conducts the day-to-day operations of the business. He approaches each project uniquely, and examines the various aspects that contribute to a project’s viability and ultimate success. He runs multiple reserves and economic scenarios and models to evaluate risk and reward of every decision made by the company. Mr. Acree oversaw the drilling, completion and operations of two wells in the Eagleford for Amac Energy.
Mr. Acree also works with Gulfslope Energy as Vice President of Business Development and Reservoir Engineering focusing on acquisitions in the U.S. GOM.
Managing Director – Owning Partner
Bob McNutt is director of Amac Energy and plays an advisory role in the company’s operations. Having been involved in numerous successful business ventures, Mr. McNutt is well-positioned to consult on the company’s financials, investor relations and plans for strategic growth.
Mr. McNutt also serves as president of world-renowned Collin Street Bakery, a McNutt family business. He says he is just as passionate about the oil and gas business as he is about the fruitcake business.providing the highest level of service to our clients.
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