Roan Resources LLC said Nov. 9 it named Tony Maranto as president, CEO and a member of the Oklahoma City-based company's board of directors.
Maranto has more than 35 years of experience in the oil and natural gas industry, including two decades of leadership experience at EOG Resources Inc. (NYSE: EOG), according to Roan's press release.
While at EOG Resources, Maranto served more than a decade as vice president and general manager of EOG-Oklahoma City where he was responsible for the company's Midcontinent operations. He also previously served in leadership roles at Continental Resources Inc. (NYSE: CLR) and EnerVest Operating Co.
"Roan is focused on the accelerated development of one of the most viable horizontal opportunities in the country, the prolific Merge/Scoop/Stack play in central Oklahoma. Mr. Maranto's strong exploration, operations and development experience in this area and his people-first leadership approach made him a clear choice to lead Roan. He is a principled leader with an aggressive growth vision for the company. Key to making that vision a reality is his ability to recruit top leadership and technical talent and empower them in their new roles. We strongly support Mr. Maranto in his new role and look forward to the future of Roan," the board collectively said in a statement.
Roan formed in June as a result of a joint venture agreement between Linn Energy Inc. and Citizen Energy II LLC. The company focuses solely on the Merge/Scoop/Stack shale plays in Oklahoma.
Maranto holds a Master of Business Administration from Centenary College and a Bachelor of Science in Petroleum Engineering from Louisiana Tech University. His appointment at Roan is effective Oct. 23.