Randy Groves

VICE-PRESIDENT OF LAND

Mr. Groves is responsible for all aspects of managing Matrix’s land department, including negotiating and drafting industry participation agreements, leasehold acquisitions, property divestitures, lease records maintenance and broker supervision. His experience in several oil and gas basins throughout the U.S. and involvement in project management, strategic planning and joint venture relations for major oil companies and independents provides continued growth for Matrix. He began his career in Oklahoma City as an oil and gas lease broker and later joined Tenneco Oil Company in Bakersfield, California in 1979 as a Landman working all areas of California. In 1985 Mr. Groves joined Enron Oil and Gas Company (EOG Resources) in Houston, Texas and Land Manager of EOG’s Gulf of Mexico onshore and offshore land departments overseeing all staff activities on state lands, state waters and federal OCS waters. In 1988 Mr. Groves was transferred to Sacramento, California Area Manager to open EOG’s first California Division office that later acquired Texas Oil and Gas Company (TXO). In 1992, he accepted a position of Executive Vice President with Hexadyne Energy Corporation overseeing all aspects of the company’s drilling and energy operations. While employed by Hexadyne, in 1999 Mr. Groves negotiated the acquisition of Western Continental Operating Company and became the President and Chief Operating Officer of Hexadyne Energy and Western Continental Operating Company. In 2006, Hexadyne and Western Continental were acquired by E&B Natural Resources Management Corporation. Mr. Groves retained his positions with Hexadyne and Western and was also named Vice President of Business Development for E&B Natural Resources until he joined Matrix in 2009. Randy graduated from the University of Central Oklahoma with a Bachelors of Business Administration in 1978 and earned his CPL (Certified Professional Landman) status from the American Associate of Petroleum Landmen (AAPL) in 1986 and is currently a member of the AAPL.