Mountaineer Keystone Energy LLC, a portfolio company of First Reserve, a private equity firm exclusively focused on energy, has appointed David Wood, chairman of the board at Mountaineer Keystone as CEO, replacing Rob Kozel, who has stepped down as CEO. Wood will continue to serve as chairman of the board.
Wood first joined Mountaineer Keystone's board in 2014 after serving as president and CEO of Murphy Oil Corp., a director of the American Petroleum Institute, and a member of the National Petroleum Council. He is a director of Deep Gulf Energy and also maintains a seat on the board of Crestwood Equity Partners. He earned a Bachelor of Science degree in geology and has completed the Advanced Management program at Harvard University.
In addition, the company also made the following changes regarding its senior management:
Nathan Murphy, previously vice president, general counsel, chief compliance officer, and corporate secretary with Rosetta Resources, has joined the company as senior vice president, general counsel, chief compliance officer, chief risk officer, and corporate secretary.
Jon Farmer, previously senior vice president of Marcellus Operations, will serve as executive vice president and COO.
Steve Bishop, currently CFO, has been named president and will serve as both president and CFO.
Mountaineer Keystone is an Appalachian Basin oil and gas company headquartered in Pittsburgh, Pennsylvania, that is engaged in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids.