SWALLOW - Key Persons
A lifelong resident of Midland, Texas, Jack Swallow has spent his career bringing people together to solve practical issues, to the benefit of everyone involved. Soon after obtaining a Bachelor of Business Administration degree in Administrative Management from Texas Tech University in 1974, he started his career in the oil and gas business. Jack's responsibilities were researching ownership of surface and minerals, negotiating agreements that encouraged oil and gas development, and maintaining a cordial relationship with landowners and other industry professionals. Jack continues to manage his own oil and gas investments in Texas and New Mexico. He is a sought after consultant to advise and represent others in the lease negotiation process. He is a member of the American Association of Professional Landmen, the Permian Basin Landmen's Association, and the National Association of Royalty Owners.
In 1984, Jack and several other community leaders started what was to become the Permian Basin Area Foundation with a seed donation of $400,000. After a nationwide search, Jack agreed to put the growth of his oil and gas business on the back burner to serve as President and CEO, a position he enjoyed for 17 years. Managing the growth, investments, and distributions of the charitable foundation, Jack was able to match potential donors with worthy causes due to his close personal contacts in the philanthropic community. Under his guidance, the Foundation grew to over $50 million, benefitting the Permian Basin area of West Texas and Eastern New Mexico with an annual grants program of $5 million per year.
Jack is a former member of the National Advisory Board of the Ranching Heritage Association in Lubbock, Texas and Community Advisor for the Junior League of Midland. He has a personal passion for persons with disabilities, translating his interest into volunteer roles with Bynum School and MARC. Jack is an active Elder and Trustee of the First Presbyterian Church of Midland, and a regular Sunday school teacher.
Job Titles:
- GENERAL COUNSEL
- VICE PRESIDENT
- Member of the Board of Trustees of Midland Memorial Hospital
Julia Joplin Swallow is a former partner of the Texas and New Mexico law firm of Hinkle, Hensley, Shanor and Martin, LLP (which now operates under the name of Hinkle, Shanor, LLP). She was licensed to practice law in Texas in 1993 and in New Mexico in 1997. She graduated with honors from Texas Tech University in 1989, receiving a Bachelor of Arts degree in Psychology with a minor in Spanish. Julia earned her law degree from the University of Houston Law Center in 1993. She served as a law clerk in the legal department of PEMEX (Petroleos Mexicanos) in Mexico City, where she further developed her fluency in Spanish.
In law practice, Julia focused her time and energies on oil and gas issues, in both litigation and transactional arenas. She has successfully argued before the Fifth Circuit Court of Appeals in New Orleans, advised corporations and individuals involved in the oil and gas industry, as well as examined title to oil and gas interests for drilling and division order purposes. She has handled probates and trusts for both small and large estates.
Julia oversees our 1031 exchange company, Permian Basin 1031 Exchange Services, LLC, and is a frequent speaker on the topic of 1031 exchanges. Julia's materials from several recent 1031 exchange presentations can be found on our 1031 exchange page.
Julia is a member of the Board of Trustees of Midland Memorial Hospital (and its Finance Committee) and the Board of Governors of the Midland College Foundation. She is also a sustaining member of the Junior League of Midland, former Trustee of the Permian Basin Petroleum Museum, Library and Hall of Fame, and a former member of the Board Directors of the National Association of Royalty Owners - Texas chapter. She enjoys singing in the praise band in the contemporary worship service at First Presbyterian Church of Midland, as well as serving in other volunteer capacities at that church.