George Solich, President & CEO, launched FourPoint Energy in October of 2013, after the formation and sale of three successful companies.
Solich has thirty-six years of oil and gas industry experience in E & P and acquisitions and divestitures. He received a BS degree from University of Colorado in May of 1983 and an MS degree from University of Colorado-Denver in December of 1991. He started as a Petroleum Landman with Apache Corporation in January of 1984, holding various positions in the Rocky Mountain region land department before being promoted to manager of Business Development in Houston, Texas, in 1991. Solich was then promoted to Director of Business Development in July of 1994, coordinating the purchase and sale of over 14,000 wells accounting for $2.1 billion in capital deployed and $470 million in sales proceeds.
In 1997, he accepted the position of VP Acquisitions and Divestitures with HS Resources, Inc. In three years, from 1997 to 1999, he coordinated acquisition transactions of over $500 million. Solich formed Cordillera Energy Partners, LLC in February of 2000 and coordinated the successful sale of the company to Patina Oil & Gas Corporation for $245 million in October of 2003. In January of 2004, he formed Cordillera Energy Partners II, LLC and sold it in September, 2008 for $1.025 billion. Cordillera Energy Partners III, LLC followed, with $500 million of private equity capital in March of 2007. In January of 2012, Cordillera III announced the merger into Apache Corporation for $3.1 billion in cash and stock, closing the transaction in April 2012.
In October of 2013, the fourth enterprise, FourPoint Energy was launched. In January of 2014, FourPoint Energy announced its first acquisition and Joint Development Agreement with affiliates of EnerVest, Ltd while simultaneously announcing an initial capitalization of over $1 billion in term debt and direct private equity. Through multiple acquisitions and development, both with and exclusive of the joint venture, FourPoint Energy has grown to be one of the top producers in the Western Anadarko Basin. To fund these acquisitions FourPoint Energy has since grown it’s capitalization to over $3 billion. Solich served on the Board of Directors of Western Energy Alliance (formerly IPAMS) from 1998 to 2012 and on the Executive Committee since 2002, serving as president in 2009 and 2010. He also serves on the Advisory Board for the J.P. Morgan Center for Commodities at University of Colorado at Denver, the Board of Trustees and Executive Committee of the ACE Scholarships, the Board of Directors of Colorado UpLift, and the Board of Directors of the Western Golf Association/Evans Scholars Foundation.