HOUSTON, TX–(Marketwired – September 24, 2015) – PLS, Inc. is pleased to announce that Matt Blomstedt has joined the firm as Managing Director of its PLS Energy Advisors business unit in Houston, Texas. Mr. Blomstedt was most recently Managing Partner for Ridge Place Oil & Gas, where he sourced and evaluated new acquisition opportunities and raised capital with multiple industry partners. Prior to Ridge Place, Mr. Blomstedt was with Sabine Oil & Gas, where he was responsible for the management, negotiation, and execution of acquisitions and joint ventures that totaled more than $1.4 billion. Mr. Blomstedt’s experience also includes prior roles at SandRidge Energy and Shell. Mr. Blomstedt received his MBA from the McCombs School of Business at the University of Texas at Austin and his BA in Economics from Texas State University.
“Matt began his career as a landman and has successfully developed unique A&D and leadership skills. We are excited to welcome Matt to PLS where he will be responsible for expanding our strong A&D platform. PLS has renamed this platform PLS Energy Advisors and will build on its strong track record in the A&D space where we already handle $300 million a year in asset sales,” said Ronyld Wise, President of PLS, Inc.
PLS is an integrated information, transaction and advisory firm that provides buyers, sellers and capital providers the information and services they need to manage their portfolio and conduct profitable transactions. As part of these services, PLS runs an aggressive divestment practice in the middle market, typically closing over 30-35 transactions a year, with select deals up to $100 million. On the advisory side, PLS has also originated transactions for clients as large as $600 million . PLS works in the U.S., Canada and overseas markets with current international assignments in South America, Africa and Indonesia.
For more information, please visit www.plsx.com
PLS Energy Advisors