Richard Burnett Brings Two Decades of Financial Expertise to the Company
FORT WORTH, Texas–(BUSINESS WIRE)–Double Eagle Energy Holdings II (“Double Eagle” or the “Company”), today announced that Richard A. Burnett has joined the Company to serve as its Chief Financial Officer. Mr. Burnett brings two decades of financial management, accounting and public company expertise to Double Eagle’s executive leadership team.
Cody Campbell, Co-Chief Executive Officer of Double Eagle, commented, “We are very pleased to have Ricky Burnett join Double Eagle as our new Chief Financial Officer. We are confident that his leadership, finance, accounting and public company experience, combined with his extensive industry knowledge, will be an exceptional addition to our team as we continue to enhance and grow our core Midland Basin position.”
John Sellers, Co-Chief Executive Officer of Double Eagle, added, “We would also like to thank Joshua Gregg for serving as the Company’s CFO since joining us from Apollo. Josh has played an instrumental role in driving Double Eagle’s significant growth and development to date, and he will now continue to build our execution capabilities within Double Eagle as Executive Vice President in charge of Strategy and Corporate Development.”
Richard Burnett, Chief Financial Officer of Double Eagle, said, “I am extremely excited to be working with John, Cody and the other members of Double Eagle’s outstanding team. Double Eagle is incredibly well positioned with a world class acreage position in the Midland Basin, and I am thrilled to be a part of the continued growth and development of that position.”
Mr. Burnett was most recently with EXCO Resources, Inc. (NYSE: XCO) from 2013-2016, where he served as Vice President and Chief Financial Officer. Mr. Burnett was previously a partner at KPMG LLP where he spent 12 years primarily serving the oil and gas industry. He began his career at Arthur Andersen LLP.
About Double Eagle
Double Eagle Energy Holdings II is a land-centered E&P company that invests in and develops oil and gas resources across the United States, with primary focus on the Permian Basin. Double Eagle is the second partnership between New York-based Apollo Natural Resource Partners and co-founders, Cody Campbell and John Sellers.