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Executive Team
Stewart
Mills Reid, Chairman and Chief Executive Officer
Mr. Reid has 30
years of experience in the oil and gas business and is highly experienced
in the financial as well as the drilling, acquisition and production
aspects of the industry. Mr. Reid founded Millbrae in 2001. Mr. Reid and
Millbrae Energy have managed seven investment partnerships with over $400
million in capital. He was involved in the development of the Paradigm
field in central Oklahoma, the second largest Oklahoma dewatering field,
which reached peak daily production of 500 barrels of oil and almost 58
million cubic feet of natural gas per day. Mr. Reid has been intimately
involved in the development of the Mount Vernon/Central Dolomite fields
with peak production of over 40 million cubic feet equivalent of gas per
day.
Previously, Mr.
Reid founded SMR Energy, a private oil and gas acquisition purchaser, in
1986. Headquartered in Oklahoma City and Houston, SMR Energy completed
over $100 million of producing property acquisitions. At its peak, SMR
Energy owned interests in over 2,000 producing properties in five states,
and operated 500 wells. Mr. Reid sold a controlling share in his company
to his management team in 1998.
Prior to entering
the energy business, Mr. Reid practiced law at Simpson Thacher & Bartlett. Mr. Reid graduated from
Wesleyan University, where he has served as a Trustee and is now an
Emeritus Trustee, and Columbia University Law School.
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