Presented by:
Victor Mendoza, head of oil and gas securitization at Donovan Ventures, is today's featured Forty Under 40 honoree.
Throughout his professional life, Mendoza has always wanted to start his own business. Through the joint creation of Donovan Ventures, he was able to create an asset-backed security financings-focused group.
This venture has led to the career milestone of completing his first ABS transaction with Diversified Energy, marking the first in a long line of successful transactions.
"As a boutique firm, which had not completed an ABS transaction before, we knew it would be challenging to get that first deal done," he said. "We were lucky to have a great partner in our client, Diversified Energy, to trust in our capabilities."
Mendoza believes that embracing new technological developments within the coming years will help the oil and gas industry continue to thrive in the years to come, which the new generation of energy professionals will help to usher in.
"As one of the oldest industries in our nation, the oil and gas industry, although continuously adapting new technologies, has been one of ‘this is the way it’s been done,’ he said. "The younger generation offers different perspectives that may bring improvements to our industry."
"From data analytics to machine learning, our firm is working on bringing some of these things together into a FinTech product that will connect individual investors for direct investments into producing oil and gas assets. This will facilitate investment growth into our industry from different sources of capital," Mendoza continued.
Click here for Victor Mendoza's full profile.
Take a look at all of the Forty Under 40 honorees.
Recommended Reading
Galp Seeks to Sell Stake in Namibia Oilfield After Discovery, Sources Say
2024-04-22 - Portuguese oil company Galp Energia has launched the sale of half of its stake in an exploration block offshore Namibia.
E&P Highlights: March 11, 2024
2024-03-11 - Here’s a roundup of the latest E&P headlines, including a new bid round offshore Bangladesh and new contract awards.
The Need for Speed in Oil, Gas Operations
2024-03-22 - NobleAI uses “science-based AI” to improve operator decision making and speed up oil and gas developments.
Trio Petroleum to Increase Monterey County Oil Production
2024-04-15 - Trio Petroleum’s HH-1 well in McCool Ranch and the HV-3A well in the Presidents Field collectively produce about 75 bbl/d.