Stewart Mills Reid
Chairman; 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. 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.