In making the announcement, Rex Doyle, CEO of the new company, remarked, "Our management team brings a unique perspective to this dynamic market. In our three founders we have extensive experience working for the majors, U.S. independents, start-ups and major energy service companies. Our goal is to use this experience to build an integrated organization with a footprint of producing assets in the domestic market."
EPiC is an independent energy company focused on acquiring and developing oil and gas producing assets. EPiC's focus is on optimizing mature, producing assets with the majority of value in proven reserves and limited risk from exploration and drilling programs. EPiC is concentrating on properties in the U.S. onshore market, including Louisiana, Texas, Oklahoma, the Mid-continent area, and the Rockies.
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