Millbrae Energy

Stewart Mills Reid
Larry E. Gateley

Executive Team


Larry E. Gateley, Executive Vice President and Chief Operating Officer

Mr. Gateley has been in the upstream oil and gas sector for 39 years, playing an integral role in the evaluation, analysis and closing of numerous producing property acquisition transactions valued at between $800 & 900 Million. Mr. Gateley's upstream experience also includes reservoir engineering, corporate reserve reports, production operations, drilling engineering and managing joint operations.

From 1997 to 2012, Mr. Gateley was with Chaparral Energy in various engineering and executive management roles as a Sr. VP, 13 years of which he was responsible for A&D and Corporate Reserves and recently had additional responsibility as Sr. VP & Southern Region Manager responsible for an annual capital budget in excess of $100MM with approx. 3,000 wells and about 10,000 boepd of production. While at Chaparral, his team completed notable, significant acquisitions for $76million, $115million and $500 million, along with numerous smaller transactions each under $20million.

Prior to Chaparral, Mr. Gateley had established himself as a petroleum engineer focused on reservoir engineering and acquisition evaluation in the oil and gas industry for SMR, J.M. Huber Corp., Post Petroleum, Wood/Gate Engineering and initially at Exxon, further testament to his broad experience in the E&P upstream sector.

In addition to memberships in various industry organizations, Mr. Gateley is a Registered Professional Engineer in both Oklahoma and Texas, a member of the Society of Petroleum Engineers.

Mr. Gateley holds a BS in Mechanical Engineering from the University of Oklahoma.