Martin D. White is the Founder, Chief Executive Officer, and President of DW Energy Group, LLC, the Managing Partner. Mr. White is an oil and gas businessman with 23 years of experience working with high quality operators. Mr. White is known for creating unique business opportunities that manage risk and provide economic benefits for both operators and his partners. His long-standing industry relationships give his partners the opportunity to thrive in the oil and gas markets. In November of 2008, Martin founded DW Energy Group, Inc. to continue to explore for oil and gas with highly respected operators and provide drilling prospects. DW Energy Group, Inc. became DW Energy Group, LLC on September 1, 2010.
Mr. White grew up in New Mexico and graduated from Artesia High School in Artesia, New Mexico. He then earned his undergraduate degree from theUniversityofNew MexicoinAlbuquerque, where he played college football. After graduating from college, he moved to Dallas in 1991 where he launched his career in the oil and gas industry by participating in the financing of oil and gas acquisitions and participating in drilling programs for several local energy companies.
In 1996, Martin founded his own company and served as its President. Mr. White has formed alliances with some of the best known and most respected operators in the industry, including Anadarko, BBX, EnCana, and XTO. These business relationships were financially successful through many different types of drilling programs, including on-shore and off-shore vertical wells, and complex single and bi-lateral horizontal wells. When Mr. White sold his interests in November of 2007, the company held a share of more than 100 million barrels of oil equivalent in net proven reserves.
DW Energy Group started drilling shallow wells in North Central Texas in 2009. Shortly thereafter the company acquired a stake in an area of mutual interest in South East Texas operated by Border to Border Operating (BBX) and Anadarko. This play at the time consisted of deep bi-lateral horizontal Austin Chalk wells.
In 2011, DW Energy Group began acquiring acreage in the prolific Bakken Shale play in North Dakota. As of the first quarter of 2014 the company has acquired over 84 leases with over 158 wells with 17 different operators. These operators include the largest names in the play, such as Continental, Hess, Oasis and Whiting.
During 2013, the South East Texas play with BBX turned its focus into drilling deep Woodbine wells. As of the first quarter of 2014, nine of these wells have been drilled. Based upon the success of the initial efforts, the operator has identified over 60 potential additional Woodbine locations for near-term development.
During the last five years, DW Energy Group has established over fifty drilling partnerships which included interests in over 130 wells. These wells have produced over 9 million barrels of oil and 33 BCF of natural gas.
Outside the energy industry during the past decade, Mr. White has been very active in men’s amateur baseball. As of this past November, his teams have won nine national tournament championships. In his spare time, Martin likes to play golf and baseball, and enjoys watching his sons play sports and his daughter compete in cheerleading competitions.
Rick Boneau is the Chief Operating Officer of DW Energy Group. He joined DW at its inception, following his retirement from the U.S. Navy after over twenty years of service as a nuclear submarine officer.
A native of Artesia, New Mexico, Rick attended the University of Notre Dame and graduated with a bachelor of science degree in Mechanical Engineering in 1988. Shortly after graduation, he joined the U.S. Navy and was commissioned as an officer after completing Officer Candidate School in Newport, Rhode Island. He completed the Navy’s rigorous Nuclear Power School and qualified as a Nuclear Engineer Officer.
During his career in the Navy, he served complete tours of duty on three nuclear powered attack submarines including a tour as Executive Officer of a forward deployed ship, and was assigned to various staffs including the staff of the Chief of Naval Operations at the Pentagon. He was awarded the Meritorious Service Medal along with numerous other awards.
In May 2011, Rick completed the TCU Energy Institute’s program in Petroleum Land Management.
Senior Accounting Manager
Executive Vice President, Business Development
Martin White, CEO and President
Martin White is the Founder, Chief Executive Officer, and President of DW Energy Group. He has 25 years of experience creating unique business opportunities that manage risk and provide economic benefits for both operators and the company’s investing partners
Rick Boneau, COO
Rick Boneau is the Chief Operating Officer of DW Energy Group. He joined the firm at its inception, following his retirement from the U.S. Navy after more than twenty years of service as a nuclear submarine officer
OPERATIONS, ACQUISITIONS, AND LAND
Lyle Morrison, Controller
Lyna Desai, Senior Accounting Manager
Lauren Mitchel, Accountant
Kevin Ozee, Executive Vice President, Business Development
Josh Espinosa, Vice President
Robert Befeld, Vice President
Randy Hinguanzo, Vice President
We encourage you to schedule a visit to our headquarters to meet our team