The Kelly Hart team was led by partner Drew Neal with assistance from partner Drew Neill and associate Mason Smith. Jim Orth, president, director and co-founder of ORX Resources in New Orleans, speaks Tuesday during a meeting of the Atchafalaya Chapter of the American.
The company owns mineral and royalty interests in over 16 million gross acres in 28 states and in every major onshore basin in the continental United States, including ownership in more than 122,000 gross wells with over 46,000 wells in the Permian Basin. Kimbell Royalty Partners, LP is a leading, publicly traded mineral and royalty company based in Fort Worth, Texas. To view the press release in its entirety, click here. The acquisition is expected to close in late May 2023, subject to customary closing conditions. The mineral and royalty interests to be acquired are located in the Northern Midland Basin area of the Permian Basin, located in west Texas. ORX is also a major sponsor of the annual Tulane Engineering Forum.Kelly Hart recently advised entities controlled by Kimbell Royalty Partners, LP on a definitive agreement for the $143 million (cash and stock) acquisition of mineral and royalty interests held by Corpus Christi-based MB Minerals, L.P. He and his company are active supporters of local civic endeavors including Audubon Institute and the Parks and Parkways Commission. Jim is a multi-generational New Orleanian with ancestry dating to the eighteenth century Spanish colonial period. His daughter graduated Cum Laude from the first “official” graduating class of the School of Science and Engineering with a degree in Ecology and Evolutionary Biology. Jim is the President Elect of the School of Science and Engineering Board of Advisors and a member of the Board of the Tulane Engineering Forum. The New Orleans Geologi- cal Society (NOGS) published. Orth has always been active in the Tulane and New Orleans community. The geology of the Chacahoula salt dome has been documented by only a few sources in the open literature. and production company, headquartered in New Orleans, Louisiana. Jim serves as Director, President, and Chief Operating Officer of this privately held company. Although Alleghanys primary sources of revenues and earnings are its reinsurance and. ORX is a leading technology driven sub-salt exploration company headquartered in and committed to New Orleans. ( ORX ), a privately held exploration and production ( E&P ) company headquartered in New Orleans. A year after the IPO of Energy Partners, Jim and Tulane Alum Luis Banos co-founded ORX Resources, Inc. In 2001, the company was taken public via an initial public offering (IPO) on the New York Stock Exchange. Washauer, a recent case from the Louisiana Fourth Circuit Court of Appeal (the state appeals court with jurisdiction over New Orleans), establishes that the owner of an LLC may be found personally liable for the obligations of the company. Orth co-founded Energy Partners Ltd., a privately-held, New Orleans-based oil and gas company. In 1996, he became Vice-President of World Wide Operations and Production.įollowing the 1998 merger of LL&E and Burlington Resources, Mr. Orth was then promoted to Vice-President of the Rocky Mountain Division in Denver, Colorado, where he was instrumental in the development of Wyoming’s Madden Field, one of the largest natural gas fields in the continental U.S. He began his tenure at LL&E in various engineering and finance positions before becoming Engineering Manager of the company’s Europe, Africa, and Middle East Division in London, England. Orth was instrumental in developing production in the North Sea and world-wide. Headquartered in New Orleans, LL&E operated a crude oil refinery near Mobile, Alabama, and conducted exploration and production operations in the United States and select foreign countries. He held this position until 1981 when he began what would be a long-time career with the Louisiana Land and Exploration Company (LL&E). In 1977, he joined Brock Exploration Corporation to become the Canadian Operations Manager. Orth accepted a position with Texaco as Operations Engineer. In 1973, he graduated from Tulane University with a Bachelor of Science degree in Mechanical Engineering. ORX Resources corporate office is located in 400 Poydras St Ste 1100, New Orleans, Louisiana, 70130, United States and has 5 employees. Orth has a long history with Tulane University, since his mother, himself, and his daughter graduated from the University.
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