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About

Hollis Sullivan formed Veritas Energy, LLC in 2011 as an energy company with a clear focus on values and good business practices. He brings over 40 years of tried and true experience in the oil and gas industry. Hollis got his start in the oil and gas business with Cobra Oil & Gas in the late 1970s. In 1990, Hollis founded Hollis R. Sullivan, Inc. as a small oil and gas company based in Wichita Falls, Texas. The company drilled over 400 wells throughout the state of Texas during his tenure as President. Hollis R. Sullivan, Inc. sold its initial Barnett Shale assets to Encana in 2005 and subsequently developed Barnett Shale assets to XTO Energy in 2008. From 2008 through 2102, Hollis served as Chairman of Titan Operating, LLC, a private equity-backed company focused in the Barnett Shale (later merged with Atlas Resources Partners, L.P.). In 2015, Veritas directed their efforts to the Permian Basin, building a substantial leasehold position which was merged into Double Eagle Energy Permian, LLC and later sold to Parsley Energy, Inc. in 2017. Since the sale to Parsley, Veritas has focused efforts on pursuing non-operated opportunities and minerals within the Permian Basin with line-of-sight development. Veritas has worked creatively with high-quality operators and sellers of non-operated interests to help accomplish their strategic financing goals on an efficient timeline.

Veritas is an independent, upstream oil and gas company employing modern drilling techniques to extract oil and gas in an environmentally responsible manner. Further, Veritas looks to responsibly invest in non-operated opportunities with reputable operators with a focus on ESG. We are dedicated to accomplishing oil and gas investing and development with integrity, responsibility and respect for the communities where we live and work. Veritas values the industry relationships established through decades of operating experience and views those relationships as a key to the company’s success.

Veritas attributes its long history of success in the industry to a foundation built upon strong values and integrity. We believe in a disciplined business approach to stay true to these values while delivering results to our stakeholders in the right way. One of the most important values at Veritas is a focus on Environmental, Social and Governance (ESG) matters. This means that operating in a safe, environmentally sustainable and ethical manner is front and center to our strategy. This includes implementing technology to reduce emissions and energy usage, being consciously aware of and support the communities in which we live and work, and transparency in reporting in all respects to our partners. Veritas is committed to partnering and investing with groups that not only share this same set of values but ensure its a focus area for their business. Veritas maintains an excellent ESG track record and is focused on continuous improvement in this and other important areas of our business.

Operations

Team

Hollis R. Sullivan
Hollis R. Sullivan
Founder / Chief Executive Officer
Hollis Sullivan is the Founder and Chief Executive Officer of Veritas Energy, LLC, overseeing the strategic direction of the company. Hollis began his career with Cobra Oil & Gas and also worked as an oil-field pumper for his father and grandfather. He made his first significant oil discovery in 1990 in Concho County, Texas. He has built and sold various companies since then: founding Hollis R. Sullivan, Inc. in 1990, and later selling its Barnett Shale assets to Encana Corporation and XTO Energy Inc., and Veritas in 2011, eventually merging with a subsidiary of Double Eagle Energy and later selling its Permian Basin assets to Parsley Energy, Inc. in 2017. Hollis previously served as Chairman of the Texas Alliance of Energy Producers, where he remains an active member. He received his Bachelor of Business Administration in accounting from Midwestern State University.
Mark Schumacher
Mark Schumacher
President / Chief Operating Officer
Mark serves as President and Chief Operating Officer of Veritas Energy, LLC and is responsible for leading all aspects of the company’s technical, evaluation and execution efforts. Mark joined Veritas in 2018 and brings over 35 years of industry experience, which began with Union Pacific Resources Group, Inc. and includes all phases of upstream and midstream activities within the oil and gas business, with exposure to multiple basins throughout the U.S. (onshore and offshore), Canada and Latin America. He graduated from the University of Oklahoma with a Bachelor of Science in petroleum engineering. Mark is a member of the Board of Visitors of the University of Oklahoma Mewbourne College of Earth and Energy.
Chad Skiles
Chad Skiles
Senior Vice President / Chief Financial Officer
Chad serves as Senior Vice President and Chief Financial Officer for Veritas Energy, LLC, and is responsible for finance, accounting and investor relations. Chad joined Veritas in 2012 and brings over 20 years of experience in accounting and finance and has served as chief financial officer in both the oil and gas and private equity industries. Chad has led Veritas’ capital raise efforts and has had direct involvement in the evaluation of oil and gas transactions ranging up to $2.8 billion. Previously, Chad was Senior Director of Accounting and Finance for TPG Capital's Private Equity Business Unit, which encompassed over $48 billion of investor funds and several thousand investment entities. Prior to joining TPG, Chad worked at KPMG in audit and attestation services. Chad earned a Bachelor of Business Administration in business and a master's degree in accounting from the University of Texas at Arlington. He is a member of the American Institute of Certified Public Accountants and is a registered CPA in the state of Texas.
Butch Ford
Butch Ford
Senior Vice President, Land
Butch serves as Senior Vice President of Land for Veritas Energy, LLC where he is responsible for the Land and Land Administration departments of the company. Butch has more than 40 years of experience in the oil and gas industry, beginning with Halliburton and including executive leadership roles with Bridwell Oil Company; Hollis R. Sullivan, Inc.; Titan Operating, LLC; and Veritas Energy, LLC. Butch’s expertise includes operations, land management and business development. He holds a Bachelor of Business Administration in business from Midwestern State University.
Steve Fitzgerald
Steve Fitzgerald
Senior Vice President, Business Development
Steve serves as Senior Vice President of Business Development at Veritas Energy, LLC and brings over 35 years of experience in the oil and gas industry, specifically in land and business development. Prior to his role with Veritas, Steve was a Partner and Vice President of Business Development with Cordillera Energy Partners II and III, LLC until 2012. He was semi-retired until late 2017, when he partnered with Hollis Sullivan and Veritas in an emerging play in the Anadarko Basin. He holds a Bachelor of Science in petroleum land management from the University of Oklahoma.
Greg Ralston
Greg Ralston
Vice President, Land
Greg serves as Vice President of Land at Veritas Energy, LLC where he is responsible for the Land Department and its functions in prospect evaluation, acquisitions and divestures. Prior to joining Veritas in 2012, Greg worked as an in-house landman with Marathon Oil, primarily in Texas and the Denver-Julesburg Basin of Colorado and Wyoming. Greg has managed teams for lease and mineral acquisition projects as well as coordinating operating efforts and negotiations of numerous industry agreements. Greg received his Bachelor of Business Administration in energy commerce and finance from Texas Tech University. He is an active member of the American Association of Professional Landmen (AAPL) as well as the AAPL’s Fort Worth chapter.
Janie VanZandt
Janie VanZandt
Director of Land Administration
Janie serves as Director of Land Administration at Veritas Energy, LLC where she is responsible for providing land support to all areas of the company. Prior to joining Veritas in 2011, Janie worked as an independent petroleum landman managing client projects and administrative personnel, as well as running title and acquiring leases throughout the Barnett Shale and Midland Basin. Janie received her Bachelor of Science in agriculture services and development (communications) from Tarleton State University. She is an active member of the American Association of Professional Landmen, the Fort Worth and Permian Basin chapters, and serves as Vice President for Band of Barrows, a local non-profit organization.
Matt Engelman
Matt Engelman
Vice President, Engineering
Matt serves as Vice President of Engineering at Veritas Energy, LLC where he is responsible for engineering, operational and asset evaluation functions. Prior to joining Veritas in 2018, Matt began his career at ConocoPhillips and has since operated in multiple basins and led technical teams within acquisitions, corporate reserves and engineering management roles. Matt graduated from Oklahoma State University with a Bachelor of Science in mechanical engineering.
Paul Horton
Paul Horton
Vice President, Geology
Paul serves as the Vice President of Geology at Veritas Energy, LLC where his primary responsibilities are subsurface evaluation and operations. Prior to joining Veritas in 2012, Paul spent the first six years of his career with XTO Energy, with two of those years as a subsidiary of ExxonMobil. Paul has worked on a wide variety of projects in the Permian, Anadarko and Fort Worth Basins as well as East Texas and Appalachia. Paul received a Bachelor of Science in geology from Louisiana State University and a Master of Science in geology from Texas Christian University. He is an active member of the American Association of Petroleum Geologist.
Tyler Pulley
Tyler Pulley
Controller
Tyler serves as Controller for Veritas Energy, LLC and assists the Chief Financial Officer in managing all aspects of finance and accounting. He joined Veritas in January 2013 and previously served as Assistant Controller for Titan Operating, LLC. where he was responsible for overseeing the general accounting including joint interest billings, accounts payable/receivable, financial reporting and revenue functions. Prior to joining Titan Operating in 2009, Tyler worked at Hollis R. Sullivan, Inc. in Wichita Falls, Texas. Tyler earned a Bachelor of Business Administration in accounting from Midwestern State University. He is a member of the American Institute of Certified Public Accountants and the Texas Society of CPAs.
Tom Holcomb
Tom Holcomb
Family Office, Accounting / Vice President, Tax
Tom serves as Vice President for Veritas Energy, LLC where he manages all aspects of the finances for the Family Office function which include financial statement preparation, cash management, and state and federal income tax preparation. Tom also prepares and reviews various oil and gas reports. From 1990 to 2008, Tom worked for Allred Armstrong & Company as a certified public accountant. Tom was admitted as a partner to the firm in 1999. While there, he prepared tax returns for individuals, corporations, trusts and partnerships. He also was involved with estate planning for his clients. Tom holds a Bachelor of Business Administration in accounting from Midwestern State University. He is a member of the American Institute of Certified Public Accountants and the Texas Society of CPAs.
Bill Sullivan
Bill Sullivan
General Counsel
Bill serves as General Counsel for Veritas Energy, LLC. Bill is responsible for providing oversight, guidance and direction regarding legal advice on all matters. Prior to serving as General Counsel, Bill served as Chief Operating Officer for Hollis R. Sullivan, Inc. from 2009 until 2011. In 2001, he was appointed and served until 2009 as the City Attorney for Wichita Falls, Texas. Bill holds a Bachelor of Business Administration in accounting from Midwestern State University and is a 1984 graduate of the Texas Tech University School of Law. In addition to the State Bar of Texas, Mr. Sullivan is admitted to practice before the United States Court of Appeals for the Fifth Circuit and the United States Supreme Court.
  • Hollis R. Sullivan
  • Mark Schumacher
  • Chad Skiles
  • Butch Ford
  • Steve Fitzgerald
  • Greg Ralston
  • Janie VanZandt
  • Matt Engelman
  • Paul Horton
  • Tyler Pulley
  • Tom Holcomb
  • Bill Sullivan

Contact

 

Mailing Address:

P.O. Box 10850 • Fort Worth, TX 76114

Fort Worth Office:

6500 White Settlement Road

Westworth Village, TX 76114

817-377-9888

Wichita Falls Office:

1808 Southwest Parkway

Wichita Falls, TX 76302