BSEG Partner Overview

Extensive technical expertise, asset management & operating capability

  • Long-standing Denver-based independent energy company engaged in the evaluation, acquisition, operation and development of oil and gas projects
  • Owns, operates or holds non-operated interests in approximately 2,000 wells in 15 different basins throughout the US, and focuses primarily on reserve acquisitions, enhancements to production, and low-risk development drilling
  • Target selection based on proven methodical analysis, objective to identify and reposition or acquire high-quality producing oil and gas properties with low operating costs, established production rates, predictable long production lives and low-risk development opportunities
  • Have worked on over 150 deals representing $750mm with operators including Chevron, Maersk, Marathon Oil, Noble, Oxy, Extraction Oil and Gas, Whiting Petroleum

Management Team

Thomas Metzger, Chairman & COO

  • 35 years of diversified oil and gas experience
  • Experience raising drilling and acquisition capital, managing investor energy portfolios, as well as finding, exploiting, and operating oil and gas properties
  • Founded Sovereign Energy LLC, a privately held start up oil and gas company in 1993
    • Found, produced, and sold over $100 million in oil and gas properties in the Rocky Mountain Region
  • Previously worked as VP of Exploration for Chippewa Resources Corp., petroleum geologist for BTA Oil Producers and Exploration Co-Manager for the Gary-Williams Company
  • BA in Geology from University of Colorado in 1980

Steven Roitman, President & CEO

  • 36 years of energy industry experience
  • Joined BWAB in 1990 and in 1992 as Vice-Chairman, acquired the company from its founders
  • Long and distinguished history of generating significant results for its oil and gas investors and partners
  • Previously, worked at Petro-Lewis where he held a variety of positions in the finance and operations department
  • Bachelor of Finance from University of Denver in 1982

Robert Sheard, VP of Business Development

  • 30 years of energy industry experience
  • Joined BSEG in 2015 as VP of Business Development
  • Co-founded Astrakhan Oil Corporation in 2010
    • 2P reserves of 300mmbbl located in Southern Russia
  • Co-founded Mintley Investments in 2000
    • $1 billion of O&G investment activity in Russia
  • Previously worked as VP of US Investment Trust for Lazards Bank (UK), and at Shell and BP on exploration and oilfield construction projects worldwide
  • BS in Geology and Oceanography from Plymouth University (UK) in 1984

Kent Lina, VP of Reservoir Engineering

  • 35‐year oil and gas veteran with significant past affiliations, notably Amoco and Mesa Petroleum
  • 25 years of experience specific to reserve evaluations, most recently as the Sr. Vice President of Reservoir Engineering for a public company
  • Has worked as an independent consultant to several well-known Denver oil and gas acquisition and reserve evaluation companies
  • BS in Civil Engineering from University of Missouri-Rolla (Missouri School of Mines) in 1981

Andrew Peterson, VP of Operations

  • 41 years of oil and gas experience primarily focused on drilling, completion and production operations
  • From 1975 to 1989, Mr. Peterson worked for Husky Oil Company, Snyder Oil Company, and Skaer Enterprises Inc. in a number of positions from field engineer, petroleum engineer to division production manager
  • In 1989 Mr. Peterson formed his own consulting company, Peterson Energy Management, Inc. (“PEM”), which over the next 23 years became one of the most respected drilling, completion, workover, production and project management companies in the Rocky Mountain Region
  • Sold PEM to Integrated Petroleum Technologies Inc. (“IPT”) in 2012, forming a petroleum engineering service company with the most vertically integrated solutions in the industry
  • In addition to being BSEG’s Vice President of Operations, Mr. Peterson continues as President of Peterson Energy Operating Inc., a bonded operator in numerous states, and Sr. Vice President at IPT where he holds an advisory role on business development and special projects
  • BA in Biology from Williams College in 1975 and Petroleum Engineering from Colorado School of Mines in 1979