James Hackett: Returning to the oil industry

This article will explore the story of a man named James Hackett who works in an oil industry and teaches classes in universities. Hackett, was the former chief executive of Anadarko Petroleum Corp. He retired to go to the Harvard Divinity school. He now decided to go back to run an oil company.

Hackett started in the 1990s becoming in charge of energy companies. Also, during an incumbency which lasted ten years built his product the explorer at Anadarko into one of largest U.S independent crude producers. He retired from Anadarko in 2013 and attended the Harvard college a 200-year school from Cambridge Massachusetts. He never had the intention to go back to the oil industry. Instead, he wanted to start teaching. While at Harvard the oil-market crash had occurred.

After the graduation in 2016, Hackett decided to return after learning that a company wanted to go public. It. Is called Alta Mesa. It formed three decades ago, and has rights of drilling to 120,000 acres in the Stack play.

Hackett this year started a brand-new company, under the encouragement of Riverstone’s founders David Leuschen and Pierre Lapeyre. The company’s name is Silver Run Acquisition Corp II. It is also known as a blank-check company. This company is one that has a business established, or one based around an acquisition or merger with another single company or companies. Hackett has agreed to purchase both a pipeline firm as well as an oil explorer.

The explorer is Alta Mesa Holdings LP that has assets in the Oklahoma Stack region. The new company known as Alta Mesa Resources Inc, will have a market values of almost $3.8 billion. It will trade under the AMR ticker on the Nasdaq exchange.

James Hackett, currently the age of 63 is very committed. At the same time as running Silver Run Acquisition Corp II he will be teaching an economics class in Houston at Rice University. He will also teach at the University of Texas in the spring semester. He is writing a book as well. This such book is called “integrating sacred and secular lives at work”.