Chairman and Chief Executive Officer
Robert Ravnaas is Chairman of the Board and Chief Executive Officer of our general partner, Kimbell Royalty GP, LLC. Previously, Mr. Ravnaas served as President of Cawley, Gillespie & Associates, Inc., a petroleum engineering firm, since 2011. Prior to joining Cawley, Gillespie in 1983, he worked as a Production Engineer for Amoco Production Company from 1981 to 1983. Mr. Ravnaas received a BS degree in Chemical Engineering from the University of Colorado at Boulder and a MS degree in Petroleum Engineering from the University of Texas at Austin. He is a registered professional engineer in Texas and a member of the Society of Petroleum Engineers, the Society of Petroleum Evaluation Engineers and the American Association of Petroleum Geologists.
Executive Vice Chairman and Director
Brett G. Taylor is Executive Vice Chairman of the Board of our general partner, Kimbell Royalty GP, LLC. Mr. Taylor began his career as a petroleum landman at Texas Oil and Gas Corporation in 1982 and joined Fortson Oil Company in 1985, where he served as Land Manager and Vice President-Land until 1998. Mr. Taylor then co-founded, with Joe B. Neuhoff, Neuhoff-Taylor Royalty Company to acquire producing royalties and minerals. He has also served as President and Chief Executive Officer of various Taylor Companies since 1998. In 1999, Mr. Taylor co-founded the Fort Worth Royalty Partners group, which is led by the Kimbell Art Foundation, with Robert Ravnaas and Ben Fortson. He holds a BBA-Petroleum Land Management degree from the University of Texas at Austin and is a member of the American Association of Professional Landmen.
Ben Fortson was appointed as a director of our general partner in November 2015, with six decades of experience in the oil and gas industry. Mr. Fortson has served as President and Chief Executive Officer of Fortson Oil Company since 1986, and he has served as Chief Investment Officer of the Kimbell Art Foundation since 1975 and as a member of the Board of Trustees of the foundation since 1964. Mr. Fortson holds a BA degree from the Texas Christian University.
Mr. Wynne has been engaged in the oil and gas industry since 1980. Since that time, and over the course of his career, Mr. Wynne’s activities have included the formation and management of privately held companies and partnerships, directly engaged or investing in oil and gas exploration and development operations, oil and gas royalty and mineral property acquisitions, management and divestiture, and oil and gas leasehold activities and divestiture.
Mr. Wynne has served as president/owner of Exploration Investments, LLC, Wynne Petroleum Co., Wynne Operating Co., and MSW Royalties, LLC. Mr. Wynne has served on the boards of the Fort Worth Zoological Association, Millers Mutual Insurance, Inspire Insurance Solutions, Union Gospel Mission of Fort Worth, and the Board of Trustees of All Saints’ Episcopal School. Mr. Wynne received a BA degree from Washington and Lee University in 1980.
T. Scott Martin was appointed a director of our general partner, Kimbell Royalty GP, LLC, in November 2015. He has served as Chief Executive Officer of our predecessor, Rivercrest Royalties, LLC, since July 2014 and Chief Executive Officer and Chairman of EE3 LLC since 2011. Mr. Martin founded Ellora Energy LLC in 1995 and served in senior management roles until 2010. Earlier, he held senior executive positions with Alta Energy Corporation, TPEX Exploration, Inc., and was a consulting engineer at BWAB, Inc. He began his career in 1979 at Amoco Production Company. Mr. Martin holds a BA degree in Biology from Colorado College and a degree in Chemical Engineering from the University of Colorado at Boulder. He is a member of the Society of Petroleum Engineers and the Independent Petroleum Association of America.
Craig Stone was appointed as a director of our general partner, Kimbell Royalty GP, LLC, in January 2017. He was an audit partner at Ernst & Young until his retirement in 2015. During his 30 year-career with Ernst & Young, he also served as the Fort Worth Office Managing Partner and led the firm’s North Texas Energy practice. His experience includes numerous initial public offerings, mergers and acquisitions, divestitures and financing transactions in both the equity and debt markets.
Mr. Stone is a licensed Certified Public Accountant in Texas and graduated from Abilene Christian University.
Bill Adams was appointed as a director of our general partner, Kimbell Royalty GP, LLC, in January 2017. He has served as chairman and a principal owner of Texas Appliance Supply, Inc., a wholesale and retail distribution company, since 2007. Previously, Mr. Adams had a 25-year career in commercial and energy banking, most recently as Executive Regional President of Texas Bank in Fort Worth, before retiring in 2006. He also served as President of Frost Bank-Arlington.
Mr. Adams currently serves on the Board of Directors of Morningstar Partners, a private oil and gas company based in Fort Worth, Texas. Prior to its sale to Exxon Mobil Corporation in 2010, he served on the board of directors of XTO Energy Inc., where he chaired the Compensation, Corporate Governance and Nominating committees. Mr. Adams received a BBA degree in Finance from Texas Tech University.
Erik Daugbjerg was appointed as a director of our general partner, Kimbell Royalty GP, LLC, in March 2018. Mr. Daugbjerg is Executive Vice President - Land and Business Development for RSP Permian, Inc. (NYSE: RSPP), a company that he co-founded in 2010 and became a publicly traded company in 2014. He also co-founded Pecos Operating Company in 2006, a Permian-based oil and gas producer, and continues to serve as a manager of its general partner. Earlier, Mr. Daugbjerg served in senior roles in upstream and midstream energy companies with operations in Texas and New Mexico from 1992 to 2006. He holds a Bachelor of Business Administration Degree from Southern Methodist University and is active with several Texas energy industry organizations.