About

The Intersection of Expertise and Innovation

Sable Permian Resources’ operations are concentrated on the development of our current assets, and the acquisition, development, and optimization of other oil and natural gas properties in the Permian Basin, specifically the Wolfcamp Shale Play in the core of the Southern Midland Basin. Our team has a strong track record of achieving operational efficiencies through the application of advanced drilling and completion techniques and opportunistic acquisitions.

What We Value

Our Company is Centered Upon the Following Core Values:

  • Integrity

    Always do the right thing for our stakeholders, employees, and the environment.

  • Operational Excellence

    We strive every day to increase operational efficiencies and our dedication to safety and production performance.

  • Technical Expertise

    We are committed to staying on the cutting edge of technological improvements in order to increase returns.

  • Stakeholder Alignment

    Our decisions are always viewed with an eye towards our partners' returns.

  • Environmental Stewardship

    We demand the highest environmental compliance from ourselves and demonstrate our resolve to this commitment through our actions.

Our Strategy

Sable Permian Resources’ strategy is based on our outstanding people and corporate culture. We believe that our #1 asset is our team of employees, many of whom have been working together for over 20 years. Our team is intensely dedicated to rapidly developing our existing asset base and growing the company through additional accretive acquisitions.

Our Leadership

The expertise of our leadership team with a combined 100+ years of experience with industry-leading companies such as Plains Resources, Ocean Energy, Plains Exploration and Production, and Freeport-McMoRan Oil & Gas, gives us a tremendous advantage as we seek to maximize our partner’s returns.

James C. Flores
Chairman of the board, chief executive officer and president

Mr. Flores has served as Chairman of the Board, Chief Executive Officer and President of Sable Permian Resources since May 2017. Sable engages in acquisition, consolidation, and optimization of oil and gas upstream opportunities.

Since 1982, Mr. Flores has had an extensive career in the oil and gas industry in the roles of Chairman, Chief Executive Officer, and President of four public and one private oil & gas exploration and production companies listed on the New York Stock Exchange. Initially in 1994, he led Flores & Rucks, Inc. (NYSE:FNR) and then Ocean Energy Inc. (NYSE:OEI) in 1997. In 2001, he became the Chairman and CEO of Plains Resources Inc. (NYSE:PLX) where under his leadership the exploration and production assets of PLX were spun off into Plains Exploration & Production Company (NYSE:PXP). Mr. Flores served in the capacity of PXP’s Chairman, CEO, and President where, after 10 plus years of substantial growth, PXP was acquired by Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) in May 2013 where Mr. Flores served as Vice Chairman of FCX until November 2015. Mr. Flores recently served as Chairman and CEO of Freeport-McMoRan Oil & Gas, a wholly owned subsidiary of Freeport-McMoRan Inc., the world’s largest publicly traded copper producer.

Mr. Flores graduated from Louisiana State University with BS degrees both in corporate finance and petroleum land management. He is a member of the National Petroleum Council and serves as Trustee for the Baylor College of Medicine. He was inducted into the All-American Wildcatters in 1999 and is a member of the World Presidents’ Organization. He was recognized as the Executive of the Year in 2004 in Oil and Gas Investor magazine. In addition, Mr. Flores has endowed the LSU Flores MBA program.

Doss R. Bourgeois
Executive Vice President and Chief Operating Officer

Mr. Bourgeois has served as Executive Vice President and Chief Operating Officer of Sable Permian Resources since May 2017. Previously, Mr. Bourgeois served as President and Chief Operating Officer of Freeport-McMoRan Oil & Gas (“FM O&G”) from July 2015 until April 2016 and as Executive Vice President, Exploration and Production of FM O&G from June 2013 until July 2015. He previously served as Executive Vice President, Exploration and Production of FM O&G’s predecessor, Plains Exploration & Production Company (“PXP”) from June 2006 until PXP merged into Freeport-McMoRan Copper & Gold in May 2013.

While at PXP from May 2003 to June 2006 Mr. Bourgeois served in a variety of different roles, namely as Vice President of Development. Prior to that time, Mr. Bourgeois was a Vice President at Ocean Energy, Inc. from August 1993 to May 2003. He also served prior to Ocean Energy in various production engineering and drilling engineering roles for Consolidated Natural Gas Producing Company from August 1983 to August 1993 and for Mobil Oil Company from December 1980 to August 1983. Mr. Bourgeois is a graduate of Louisiana State University with a Bachelor of Science degree in Petroleum Engineering.

Gregory D. Patrinely
Executive Vice President and Chief Financial officer

Gregory D. Patrinely has served as Executive Vice President and Chief Financial Officer of Sable Permian Resources (“Sable”) since June 2018. Prior to serving in his current role, Mr. Patrinely served as Treasurer for Sable where his primary focus was leading the financial analysis and execution of various refinancing, restructuring, and acquisition efforts. In addition, Mr. Patrinely was also responsible for cash management, insurance and hedging strategies and execution.

Prior to Mr. Patrinely’s service at Sable, he was at Freeport-McMoRan Oil & Gas LLC (“FMOG”), the E&P subsidiary of Freeport-McMoRan Inc. (“Freeport”), where he was a Manager in the Acquisitions & Divestments Group following the Company’s merger with Plains Exploration & Production Company (“PXP”). Pre-merger, Mr. Patrinely served in the same capacity with PXP. During his tenure at FMOG and PXP, Mr. Patrinely managed the execution of over $35 billion of financings, mergers, acquisitions and divestments. Prior to his service with PXP, Mr. Patrinely was in the Energy Investment Banking group at Madison Williams (formerly SMH Capital).

Mr. Patrinely holds a Bachelor of Science in Economics with Financial Applications and a Bachelor of Arts in English with Honors from Southern Methodist University.

John F. Wombwell
Executive Vice President, General Counsel and secretary

John F. Wombwell has served as Executive Vice President, General Counsel and Secretary of Sable Permian Resources since May 2017. Previously, Mr. Wombwell served in the same position at Freeport-McMoRan Oil & Gas beginning in May 2013 following the acquisition of Plains Exploration & Production Company where he served from September 2003 to May 2013. Prior to joining Plains, Mr. Wombwell was General Counsel of two other New York Stock Exchange-traded companies. Prior to that time, Mr. Wombwell was a partner at the law firm of Andrews Kurth LLP, where he practiced in the area of corporate and securities matters, representing a variety of public companies.

Mr. Wombwell attended Vanderbilt University and received a Bachelor of Science in Economics from the University of Kentucky. He received his J.D. from the University of Texas.

Board of Directors

  • Jim Flores
    Chairman of the Board

  • John Raymond
    Energy & Minerals Group

  • Jeff Ball
    Energy & Minerals Group

  • Laura Tyson
    Energy & Minerals Group

  • Shaia Hosseinzadeh
    OnyxPoint Global

  • Neal Shear
    OnyxPoint Global

  • John Vaske
    Temasek