Natural Resources >> CEO Interviews >> November 23, 1998
ROBERT MURDOCK is President and CEO and serves as Chairman of the Board
of Directors of Petroglyph Energy, Inc. Prior to Petroglyph Energy, Mr.
Murdock formed Petroglyph Gas Partners, L.P. to engage in the
acquisition and development of oil and gas producing properties in
Kansas, Colorado, Oklahoma, Texas and Utah. From inception of the
partnership through December 1996, the partnership acquired properties
for approximately $11.7 million and had cash flow from operations and
from the sale of these properties of approximately $14.4 million. In
1997 Mr. Murdock and the other partners in the partnership prepared the
company for an initial public offering, with operations focused on oil
development opportunities in the Uinta Basin in Utah and gas development
opportunities in the Raton Basin in Colorado. On October 20, 1997
Petroglyph Energy, Inc. became a public company traded on the NASDAQ
Stock Market under the symbol 'PGEI'. Prior to forming Petroglyph Mr.
Murdock founded GasTrak Holdings, Inc. in October 1985, a natural gas
marketing and gathering company. GasTrak marketed approximately 100
million cubic feet of natural gas per day and built and owned four gas
gathering systems. Mr. Murdock served as President of GasTrak Holdings
from inception until the company was merged with Sunrise Energy, Inc. in
1990. Mr. Murdock began his career in the oil and gas business in 1981
when he accepted a position with Panhandle Eastern Pipe Line Company
where he was responsible for gas supply analysis and forecasting. He
also held positions for the development of special marketing programs,
and gas supply and transportation contract administration. In 1981 Mr.
Murdock earned a bachelors degree in Economics from the University of
Missouri at Columbia. Profile
of its history, just so our readers understand who you are?
Mr. Murdock: Petroglyph Energy actually started as a group
