EnCore Permian COO and Partner Ted Williams has a long and demonstrated history in the energy industry. While a significant portion of his background is in energy finance, Williams most recently served in executive officer roles in partnership with Luxe Energy and Luxe Minerals. As President of Luxe Minerals, Williams grew the company to a core 15,000 net royalty acres in the Permian Basin.
Williams also served as Vice President of Business Development for Luxe Energy, where he was integral in establishing the company’s operated position, creating drilling capital financing, negotiating commercial contracts, managing relationships with potential buyers, and managing banking relationships. Ultimately, Williams helped Luxe Energy become a 35,000 net acre Delaware basin company producing 25,000 net barrels of oil equivalent per day from 33 horizontal wells with a strong balance sheet.
Prior to Luxe, Williams served as Co-Head of Business Development and COO of A&D for Citigroup, Inc. from 2014 to early 2017. He has also served as Vice President at RBC Richardson Barr, and as a Reservoir Engineer with Cawley, Gillespie and Associates.
Williams began his career as a sniper in the United States Marine Corps and shortly thereafter attended UCLA from which he earned his first college degree in Economics. His second degree in Petroleum Engineering was earned at the University of Texas at Austin. Williams lives in Austin with his wife and three children.