Ours is a rich history.
"Throughout my career, I have seen technology and human ingenuity solve problems and produce more oil & gas than anyone previously thought possible. Wapiti shall always embrace technological improvements, have great work ethic, and always be true to its entrepreneurial roots."
Founder
Richard E. Agee is our founder and Chairman of the Board of Directors. Mr. Agee has more than 50 years of engineering, management and entrepreneurial experience in both the domestic and international oil and gas industry. He also serves as the Chairman of Bayou Well Holdings Company, LLC, (Bayou) which he co-founded. Both Wapiti and Bayou have repeatedly executed growth strategies resulting in the creation of wealth for founders and investors through multiple market cycles.
After increasing positions of responsibility at Skelly Oil Company and Gulf Oil Company, Mr. Agee was recruited for Roy M. Huffington’s, Huffco Indonesia, Inc. Initially employed as Drilling Manager, he rose through the management ranks, becoming acting President of Huffco’s large scale effort to explore, produce, liquefy and transport Liquefied Natural Gas (LNG) from the island of Kalimantan to end users in East Asia.
Returning to Houston he co-founded MetFuel, Inc. and led the drilling of 500 coal-bed methane wells in the Black Warrior Basin of Alabama. This was followed by Antara Resources, Inc. which acquired and developed natural gas reserves in the Gulf Coast and Piceance Basin and was sold to Calpine Corporation. Wapiti Energy was then formed and resulted in several iterations of oil and gas acquisitions and disposal. Mr. Agee holds both B.S. and M.S. degrees in Petroleum Engineering from the University of Wyoming. He was selected as a Sloan Fellow at Massachusetts Institute of Technology and received his MS (Master of Science) from the Massachusetts Institute of Technology.
Mr. Agee has served on the University of Wyoming Foundation Board and also on the College of Engineering and Applied Science National Advisory Board. He is currently a member of the North American Executive Board of the Sloan School at MIT and The Houston Grand Opera Board of Directors. He has served on the Christus Foundation for Healthcare in Houston and other charitable and service boards. Dick was asked by Governor Mead to serve and currently serves on the Wyoming Governor’s Energy, Engineering, STEM Integration Task Force with aim of raising Engineering Education and Research to Tier One status at the University of Wyoming.
Wapiti Energy, LLC is a privately held oil and gas company focused on strategic oil and gas exploration and production throughout the onshore United States.
Since its founding in 2000, Wapiti has executed over $1 billion in oil and gas property transactions. Wapiti knows that partnership is a privilege with serious responsibilities and we have managed successful partnerships with industry partners, private equity, and family offices.