RIVERBEND ENERGY GROUP - Key Persons
Job Titles:
- Managing Director of Land
Colin Barnett joined Riverbend in 2015 and currently serves as Managing Director of Land. Previously, Mr. Barnett served as Landman at Occidental Petroleum, with operations focused in the Permian Basin, Williston Basin, and Mid-Continent with 9+ years of experience in the areas of sourcing, leasing, and A&D of oil and gas properties.
Mr. Barnett holds a B.B.A. in Energy Management & Finance from the University of Oklahoma.
Job Titles:
- Managing Director, Capital Development & Investor Relations
Job Titles:
- Managing Director, Energy Transition
- Riverbend in 2021 As Managing Director - Energy Transition
Eric Danziger joined Riverbend in 2021 as Managing Director - Energy Transition. Danziger has over 10 years of management experience in Energy Transition investing and operations.
Danziger previously served as Chief Revenue Officer of Innowatts, a leading AI-enabled decarbonization SaaS platform that measures granular carbon footprint, optimizes energy cost and carbon footprint, and reduces carbon footprint through curated tariff plans, electrification, and distributed energy assets programs. Innowatts is backed by global investors including Shell Ventures, Energy Impact Partners, Iberdrola (Spain), Energy and Environment Investment (Japan).
Prior to Innowatts, Danziger served as Co-founder and Chief Financial Officer of Genability, a software and rate engine analytics provider of energy cost and savings data to the leaders in solar, energy storage, electric vehicles, and home energy management. Following a majority transaction with Enel, Danziger transitioned to the Company's Board of Directors. In 2021, Genability was acquired by Arcadia.
Danziger holds a BBA and MBA from the University of Texas. Danziger serves on the Board of Directors at The Shlenker School, the Board of Directors of Harnyss, the Board of Directors of the Jewish Federation of Greater Houston, the Selection Committee for Halliburton Labs, the Budget Committee for Congregation Beth Yeshurun, and is the Executive Director of the Walk & Roll for Spinal Cord Injuries Foundation.
Jason Payne - Chief Legal Officer, Managing Director
Job Titles:
- General Counsel
- Managing Director
Jason Payne joined Riverbend in 2018 and currently serves as Managing Director & General Counsel. Previously, Mr. Payne served as Deputy General Counsel of Halcon Resources, a publicly-traded energy company. Mr. Payne has 12+ years of experience in mergers and acquisitions, capital markets, finance, corporate governance, compliance, and oversight procedures.
Mr. Payne holds a B.B.A. in Finance from Texas A&M University and a J.D. from the University of Houston.
Job Titles:
- Operating Partner - Energy Transition
Job Titles:
- Certified Public Accountant
- Managing Director of Accounting
Matthew Cochrane joined Riverbend in 2017 and currently serves as Managing Director of Accounting. Previously, Mr. Cochrane served as an audit senior manager at Deloitte where he was most recently responsible for managing the audit of a large multinational public company in the oil & gas industry. While at Deloitte, Mr. Cochrane gained significant experience working with large, medium, and small public and private entities in a variety of industries.
Mr. Cochrane has a combined 18+ years in professional accounting roles and has worked as a professional accountant in the United States, Canada, the United Kingdom, and Australia.
Mr. Cochrane is a Certified Public Accountant in the United States, a Chartered Professional Accountant in Canada, and he holds a Bachelor of Commerce in Accounting from the University of British Columbia.
Job Titles:
- Chief Executive Officer
- Founder
- Managing Partner
Randy Newcomer, Jr. has served as Managing Partner & Chief Executive Officer since Riverbend's inception in 2003.
Previously, Mr. Newcomer served as Vice President of EnCap Investments L.P. (from 1997 to 2003) where he evaluated a multitude of financings involving mezzanine debt and equity investments. Mr. Newcomer began his career in 1989 at Amoco Production Company, serving in diverse production and reservoir engineering, business development, and acquisition and divestment roles (all associated with activities in the Permian Basin).
Mr. Newcomer holds a B.S. in Petroleum Engineering from Texas A&M University and an Executive MBA from the University of Houston. Energy companies that Mr. Newcomer has served and/or serves on the Board of Directors include Riverbend, Ovation Energy, Chalker Energy II & III, Navidad Resources and Parsley Energy. Furthermore, he has served or serves on the Board of Directors of Houston Producers Forum and the Advisory Boards of Yellowstone Academy and Stoney Creek Ranch.
Job Titles:
- Managing Director, Energy Transition
- Riverbend in 2022 As Managing Director - Energy Transition
Ritu Sachdeva joined Riverbend in 2022 as Managing Director - Energy Transition. Ritu has over 18 years of leadership experience in Energy and Transition investing and operations.
Ritu previously served as the Chief Strategy Officer of Innowatts, a leading AI-enabled decarbonization SaaS platform that measures granular carbon footprint, optimizes energy cost and carbon footprint, and reduces carbon footprint through curated tariff plans, electrification, and distributed energy assets programs. Innowatts is backed by global investors including Shell Ventures, Energy Impact Partners, Iberdrola (Spain), Energy and Environment Investment (Japan). Ritu led company strategy, fundraising, strategic growth opportunities and partnerships in her role as the Chief Strategy Officer.
Prior to Innowatts, Ritu served in senior management positions in Fortune 500 and FTSE 100 energy companies for 13 years. At BG Group (a Shell company) and Baker Hughes, she held several roles in Strategy & Corporate Development including reporting directly to the President of BG US Lower 48 Asset. Ritu drove strategy, invested, and monetized assets and companies across the energy value chain worth $15 billion.
Ritu holds a Bachelors in Economics (with Honors), an MBA from University of Delhi and a Masters in Energy Finance from University of Texas at Austin.
Job Titles:
- Chief Operations Officer
- Managing Partner
Scott Rice joined Riverbend in 2008 and currently serves as Chief Operations Officer, focused on engineering, business development, and strategy functions across active portfolios and platform companies.
Previously, Mr. Rice served in reservoir and production engineering roles across multiple basins at Pioneer Natural Resources. Prior to joining Riverbend, Mr. Rice was elevated into an investor relations role within Pioneer, collaborating with Pioneer senior management and external research/investor parties in the private and public company arena.
Mr. Rice holds a B.S. in Petroleum Engineering from Texas A&M University. Energy companies that Mr. Rice has served and/or serves on the Board of Directors of Riverbend and Royal Resources. Furthermore, he serves on the Board of The Galveston Bay Foundation, Corps of Cadets Association, and Walk & Roll for Spinal Cord Injuries Foundation.
Job Titles:
- Executive Assistant
- Office Manager
Job Titles:
- Finance
- Managing Director
- Managing Director of Finance
Thomas Galloway joined Riverbend in 2017 and currently serves as Managing Director of Finance. Previously, Mr. Galloway served in the Investment Banking, A&D group at RBC Capital Markets and Energy Commercial Lending group at Amegy Bank. Mr. Galloway has 10+ years of experience in the areas of mergers, acquisitions and divestitures, equity and debt capital markets, corporate finance, and commercial lending.
Mr. Galloway holds a B.S. Business Administration - Finance from Louisiana State University.