Scott S. Trulock

scott@trulock.com

 

WORK EXPERIENCE

Energy Capital Solutions

Dallas, TX

Vice President, Energy Investment Banking

2005 – Present

Associate, Energy Investment Banking

2003 – 2004

·         Completed six M&A transactions for $510 million, thirteen private equity placements for $237 million, and four debt placements for $208 million.

 

·         Led client engagements, prepared sales pitch materials, conducted financial due diligence, drafted disclosure documents, wrote fairness opinions, trained analysts and summer interns, and solicited new clients and capital sources.

 

·         Created detailed financial models including corporate operating models, accretion/dilution models, and E&P operating models using reserve estimates.

 

·         Performed corporate and asset valuation using comparable company trading and acquisition statistics and discounted cash flow analysis.

 

Deutsche Bank Securities Inc.

New York, NY

Associate, Investment Banking, Global Energy, Chemicals, and Utilities Group

2002 – 2003

·         Completed $1.3 billion sale of oil and gas assets by BP plc to Apache Corporation.

 

·         Prepared sales pitch materials, drafted external advisory memoranda, conducted financial due diligence, and assisted with M&A data room preparations and management presentations.

 

·         Interfaced extensively with clients during new business generation pitches and execution of M&A engagements.

 

·         Trained Analysts and Associates on operational activities of energy industry companies, including oil and gas upstream and downstream operations.

 

Barclays Capital

London, UK

Summer Associate, Equity Derivatives

Summer 2001

·         Developed volatility trading strategies for equity index derivatives for UK proprietary trading desk.

 

·         Initiated research projects into correlation and derivatives of volatility, both historical and implied.

 

Berwanger inc.

Houston, TX

Engineering Consultant

1997 –2000

Provided regulatory and technical assistance to major oil, gas, and petrochemical corporations throughout the world.

 

·         Managed client relationships for several major refineries with nearly $1 million in contracts awarded.

 

·         Performed detailed analysis of upstream, chemical plant, and refinery processes to identify and remediate safety and production inefficiencies.

 

·         Managed diverse team of support professionals to accelerate project completion.

 

·         Prepared presentation material that successfully won contracts and maintained relationships.  Performed detailed calculations to validate urgent client concerns.

 

The Lubrizol Corporation

Deer Park, TX

Engineering Co-op

 1995 –1996

Worked on troubleshooting and small projects teams for specialty chemical manufacturer supplying additives for motor oils.  Managed projects totaling over $2 million to address inefficiencies, resulting in nearly $1 million in annual savings.

 

EDUCATION

Jesse H. Jones Graduate School of Management, Rice University

Houston, TX

Master of Business Administration – Concentration in Finance

2002

GMAT: 730       GPA:  3.76

 

Selected by peers for the Mike Wright Award for leadership.  Awarded two-year academic Jones School Scholarship.  Elected representative to the student body.  Chairperson for the Central Charity Challenge community service competition.  President of the Jones School Marathon Club and officer of the Finance Club.

 

the University of texas at austin

Austin, TX

Bachelor of Science in Chemical Engineering

1998

Awarded four year Cockrell academic merit scholarship.  Founder of LeaderShape young leader development program on campus.  Elected four year representative to the Student Engineering Council.

 

Scott S. Trulock

scott@trulock.com

 

DEAL SHEET

Mergers &Acquisitions

·         Served as exclusive financial advisor to Stroud Resources, Ltd. in the acquisition of Dan A. Hughes Co.’s Barnett Shale Assets in July 2005.

$29.6 million

·         Served as exclusive financial advisor to Clayton Williams Energy in the sale of Jo-Mill Field Assets to XTO Energy in November 2004.

$22.1 million

·         Served as exclusive financial advisor to Clayton Williams Energy in the acquisition of Southwest Royalties in May 2004.

$208.0 million

·         Served as exclusive financial advisor to TMBR/Sharp Drilling, Inc. in the merger with Patterson-UTI Energy, Inc. in February 2004.

$113.8 million

·         Served as exclusive financial advisor to Quest Resource Company in the acquisition of Devon Energy’s Cherokee Basin Assets in December 2003.

$126.0 million

·         Served as exclusive financial advisor to CuEquus, Inc. in the sale of the assets of the Company to El Paso Production Company in November 2003.

$10.0 million

·         Served as exclusive financial advisor to BP plc in the divestiture of its North Sea and Gulf of Mexico assets to Apache Corp. in March 2003.

$1,300.0 million

Total Mergers and Acquisitions

$1,809.5 million

 

 

Private Placements

·         Served as exclusive financial advisor to Abraxas Petroleum Corporation in the placement of Common Stock in July 2005.

$12.0 million

·         Served as exclusive financial advisor to Contango Oil & Gas Company in the placement of Series D Perpetual Cumulative Convertible Preferred Stock in July 2005.

$10.0 million

·         Served as exclusive financial advisor to New Century Energy Corporation in the placement of Fixed Price Convertible Debentures in July 2005.

$15.0 million

·         Served as exclusive financial advisor to Hawk Energy Fund I, LP in the commitment of Limited Partnership Units in June 2005.

$38.3 million

·         Served as exclusive financial advisor to Coastal Drilling Co. in the placement of Participating Preferred Equity in May 2005.

$10.0 million

·         Served as exclusive financial advisor to TransMeridian Exploration Corporation in the placement of Series A Cumulative Convertible Preferred Stock in November 2004.

$25.0 million

·         Served as exclusive financial advisor to Petrol Oil and Gas, Inc. in the placement of 5,633,333 Units of Common Shares with Warrants for $1.20 per Unit in September 2004.

$6.6 million

·         Served as exclusive financial advisor to Output Exploration, LLC in the placement of Preferred Stock to finance the acquisition of White Oak Exploration in April 2004.

$13.0 million

·         Served as exclusive financial advisor to Concert Capital in the block trade of 635,000 shares of Contango Oil & Gas Common Stock in April 2004.

$4.6 million

·         Served as exclusive financial advisor to Stroud Energy, Ltd. in the placement of Redeemable Preferred Stock with Common in January 2004.

$27.0 million

·         Served as exclusive financial advisor to Quest Resource Company in the placement of Project Equity to finance the acquisition of Devon’s Cherokee Basin Assets in December 2003.

$51.0 million

·         Served as exclusive financial advisor to Contango Oil & Gas Company in the placement of Series C Perpetual Cumulative Convertible Preferred Stock in December 2003.

$8.0 million

·         Served as exclusive financial advisor to The Exploration Company in the placement of Redeemable Preferred Stock with Common in August 2003.

$16.0 million

Total Private Placements

$236.5 million

 

 

Public & Private Debt

·         Served as exclusive financial advisor to Union Drilling, Inc. in the arrangement of a Senior Secured Revolving Credit Facility in March 2005.

$50.0 million

·         Served as exclusive financial advisor to Coastal Drilling Company in the arrangement of a Senior Secured Note in February 2005.

$17.0 million

·         Served as exclusive financial advisor to Quest Resource Company in the arrangement of senior and subordinated debt in December 2003.

$105.0 million

·         Served as exclusive financial advisor to Stroud Investments 2001, Ltd. in the arrangement of senior and subordinated debt in June 2003.

$36.0 million

Total Public & Private Debt

$208.0 million