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Civitas Resources, Inc. Appoints Lloyd W. Helms, Jr. to Board of Directors

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Civitas Resources (NYSE: CIVI) has appointed Lloyd W. 'Billy' Helms, Jr. to its Board of Directors, effective immediately. Helms brings 40 years of oil and gas industry experience and over 15 years of executive management expertise to the board.

Helms most recently served at EOG Resources, where he held various leadership positions including President (2021-2024), Chief Operating Officer (2017-2023), and multiple Executive Vice President roles. He holds a Bachelor of Science in Petroleum Engineering from Texas Tech University.

With Helms' appointment, Civitas' board now consists of 10 directors, with nine being independent members. Board Chair Wouter van Kempen highlighted Helms' track record of operational excellence and ability to create sustainable efficiencies across multiple basins.

Civitas Resources (NYSE: CIVI) ha nominato Lloyd W. 'Billy' Helms, Jr. nel suo Consiglio di Amministrazione, con effetto immediato. Helms porta con sé 40 anni di esperienza nel settore petrolifero e del gas e oltre 15 anni di esperienza nella gestione esecutiva.

Helms ha recentemente ricoperto ruoli di leadership in EOG Resources, dove ha ricoperto diverse posizioni, tra cui Presidente (2021-2024), Direttore Operativo (2017-2023) e vari ruoli di Vice Presidente Esecutivo. Ha conseguito una Laurea in Ingegneria Petrolifera presso la Texas Tech University.

Con la nomina di Helms, il consiglio di Civitas ora è composto da 10 membri, di cui nove sono membri indipendenti. Il Presidente del Consiglio Wouter van Kempen ha sottolineato il track record di eccellenza operativa di Helms e la sua capacità di creare efficienze sostenibili in diversi bacini.

Civitas Resources (NYSE: CIVI) ha nombrado a Lloyd W. 'Billy' Helms, Jr. en su Junta Directiva, con efecto inmediato. Helms aporta 40 años de experiencia en la industria del petróleo y gas y más de 15 años de experiencia en gestión ejecutiva al consejo.

Helms se desempeñó más recientemente en EOG Resources, donde ocupó varios cargos de liderazgo, incluyendo Presidente (2021-2024), Director de Operaciones (2017-2023) y múltiples roles de Vicepresidente Ejecutivo. Tiene una Licenciatura en Ingeniería Petrolera de la Texas Tech University.

Con la nombramiento de Helms, la junta de Civitas ahora consta de 10 directores, de los cuales nueve son miembros independientes. El Presidente de la Junta Wouter van Kempen destacó el historial de excelencia operativa de Helms y su capacidad para crear eficiencias sostenibles en múltiples cuencas.

Civitas Resources (NYSE: CIVI)는 Lloyd W. 'Billy' Helms, Jr.를 이사회에 즉시 임명했습니다. Helms는 석유 및 가스 산업에서 40년의 경험과 15년 이상의 경영 전문성을 이사회에 제공합니다.

Helms는 최근 EOG Resources에서 여러 리더십 직책을 맡아 왔으며, 여기에는 대통령(2021-2024), COO(2017-2023) 및 여러 부사장직이 포함됩니다. 그는 Texas Tech University에서 석유 공학 학사 학위를 받았습니다.

Helms의 임명으로 Civitas의 이사회는 이제 10명의 이사로 구성되며, 그 중 아홉 명은 독립 이사입니다. 이사회 의장 Wouter van Kempen은 Helms의 운영 우수성 및 여러 유역에서 지속 가능한 효율성을 창출하는 능력을 강조했습니다.

Civitas Resources (NYSE: CIVI) a nommé Lloyd W. 'Billy' Helms, Jr. à son Conseil d'Administration, avec effet immédiat. Helms apporte 40 ans d'expérience dans l'industrie pétrolière et gazière et plus de 15 ans d'expertise en gestion exécutive au conseil.

Helms a récemment occupé des postes de direction chez EOG Resources, où il a occupé divers postes de leadership, y compris Président (2021-2024), Directeur des opérations (2017-2023) et plusieurs rôles de Vice-Président Exécutif. Il est titulaire d'un Bachelor of Science en ingénierie pétrolière de la Texas Tech University.

Avec la nomination de Helms, le conseil de Civitas se compose désormais de 10 directeurs, dont neuf sont des membres indépendants. Le Président du Conseil Wouter van Kempen a souligné le parcours d'excellence opérationnelle de Helms et sa capacité à créer des efficacités durables dans plusieurs bassins.

Civitas Resources (NYSE: CIVI) hat Lloyd W. 'Billy' Helms, Jr. sofort in seinen Vorstand berufen. Helms bringt 40 Jahre Erfahrung in der Öl- und Gasindustrie und über 15 Jahre Führungserfahrung in die Vorstandschaft ein.

Zuletzt war Helms bei EOG Resources tätig, wo er verschiedene Führungspositionen innehatte, darunter Präsident (2021-2024), Chief Operating Officer (2017-2023) und mehrere Positionen als Executive Vice President. Er hat einen Bachelor of Science in Petroleum Engineering von der Texas Tech University.

Mit Helms' Ernennung besteht der Vorstand von Civitas nun aus 10 Direktoren, von denen neun unabhängige Mitglieder sind. Vorstandsvorsitzender Wouter van Kempen hob Helms' Erfolgsbilanz in operativer Exzellenz und seine Fähigkeit hervor, nachhaltige Effizienzen in mehreren Becken zu schaffen.

Positive
  • Addition of highly experienced executive with 40 years of industry expertise
  • Strengthened board independence with 9 out of 10 directors being independent
  • Enhanced operational expertise through appointment of former EOG Resources President
Negative
  • None.

DENVER--(BUSINESS WIRE)-- Civitas Resources, Inc. (NYSE: CIVI) (“Civitas” or the “Company”), today announced that Lloyd W. “Billy” Helms, Jr. has been appointed to the Company’s Board of Directors, effective immediately.

Civitas Board Chair Wouter van Kempen, said, “Billy is a fantastic addition to our board and brings a 40-year track record of operational and technical expertise. He has successfully led operating teams, creating sustainable efficiencies through proven operating practices that can be rapidly applied across multiple basins.”

Helms has more than 15 years of executive management experience and over 40 years of oil and gas industry experience. He most recently served at EOG Resources, Inc., where he held numerous roles of increasing responsibility, including President from October 2021 to May 2024, Chief Operating Officer from December 2017 to December 2023, Executive Vice President, Exploration and Production from August 2013 to December 2017, Executive Vice President, Operations from February 2012 to August 2013, Vice President and General Manager of the Calgary, Alberta, Canada office from March 2008 to February 2012, and Vice President, Engineering and Acquisitions from September 2006 to March 2008. Mr. Helms holds a Bachelor of Science in Petroleum Engineering from Texas Tech University.

With the appointment of Mr. Helms, Civitas’ board of directors is now comprised of 10 directors, nine of whom are independent members.

About Civitas

Civitas Resources, Inc. is an independent exploration and production company focused on the acquisition, development, and production of crude oil and liquids-rich natural gas from its premier assets in the DJ Basin in Colorado and the Permian Basin in Texas and New Mexico. Civitas’ proven business model to maximize shareholder returns is focused on four key strategic pillars: generating significant free cash flow, maintaining a premier balance sheet, returning capital to shareholders, and demonstrating ESG leadership. For more information about Civitas, please visit www.civitasresources.com.

Civitas Contacts

Investor Relations:

Brad Whitmarsh, 832.736.8909, bwhitmarsh@civiresources.com

Mae Herrington, 832.913.5444, mherrington@civiresources.com

Media:

Rich Coolidge, info@civiresources.com

Source: Civitas Resources, Inc.

FAQ

Who is the newest board member appointed to Civitas Resources (CIVI)?

Lloyd W. 'Billy' Helms, Jr. has been appointed to Civitas Resources' Board of Directors, effective immediately.

What is Lloyd Helms' experience in the oil and gas industry?

Helms has 40 years of oil and gas industry experience and over 15 years of executive management experience, most recently serving as President and COO at EOG Resources.

How many independent directors does CIVI now have on its board?

Following Helms' appointment, Civitas has 9 independent directors out of a total of 10 board members.

What positions did Lloyd Helms hold at EOG Resources before joining CIVI's board?

Helms served as President (2021-2024), COO (2017-2023), Executive VP of Exploration and Production, Executive VP of Operations, and VP of Engineering and Acquisitions at EOG Resources.

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