A Permian Basin-focused oil and gas company capitalized with a $500mm equity commitment led by sophisticated institutional investors with the flexibility to add additional capital as required; Garrison is actively pursuing assets in the broader Permian Basin (Delaware Basin, Central Basin Platform, Midland Basin, and Northwest Shelf)
Our Team
Steven Weatherl
Executive Chairman
Most recently Steve served as CEO of Stronghold Energy II, a company he co-founded with his son Caleb utilizing a $150 million equity commitment from Warburg Pincus. The Stronghold team built the company up to approximately 53,000 acres of leases and minerals in the Permian and about 1,000 wells. Stronghold more than doubled production through drilling and recompletions, proving up hundreds of additional opportunities. Stronghold II successfully sold its assets to Ring Energy for $465 million in August of 2022.
Steve previously served as the Vice President and General Manager as well as Exploration Manager of EOG Resources' West Texas Division located in the Permian Basin. There he directed a staff of over 170 employees and contractors, and employed up to 10 drilling rigs at any one time. He was responsible for over $513 million in investments from 2004 to 2007. He has been directly involved in identification and exploitation of "resource plays" in the Permian Basin, assembling for the companies at which he was employed over a quarter of a million net acres in various plays.
Steve also served as Exploration Vice President, USA and Division Vice President for the Gulf Coast Division of Pioneer National Resources as well as Vice President of Exploration of Mayne & Mertz, Inc. While at Mayne & Mertz, Steve mapped and initiated a Wolfcamp Horizontal play in the southern Midland Basin. Roughly 50,000 acres were assembled in Irion, Crockett and Reagan Counties and sold to EOG Resources and Devon Energy. Over 300 producing horizontal oil wells in two pay zones had been drilled as of 2022. These were among the first economically successful Horizontal Wolfcamp wells in the Midland Basin. The play has expanded to encompass well over 100,000 acres and the original core acreage position has produced over 35 million barrels of oil and 350 BCF of gas. Immediately before joining Stronghold Energy II, Steve served as the president and founder of Weatherl Energy Investments, L.P as well as the President of Stronghold Energy Partners, L.P., a private equity backed non-op working interest investment vehicle he cofounded with his son Caleb. He started his career with Exxon Company U.S.A. in 1980.
Steve received a BS degree in Geology from Texas Tech University. He is active in the local community, serving as an elder at Stonegate Fellowship Church and on the board of MarketPlace Midland. He and his wife Debra have four adult children, three daughters-in-law, two grandsons, and two granddaughters
Caleb Weatherl
Chief Executive Officer
Caleb is the CEO of Garrison Energy, the third company he has co-founded with his father Steve. Previously, Caleb was president and CFO of Stronghold Energy II before the sale of Stronghold’s assets to Ring Energy. Caleb began his career at McKinsey & Company. He also worked in private equity as part of the energy vertical at Bain Capital. Additionally, he previously served as the Vice President of Weatherl Energy Investments, L.P., as well as Stronghold Energy Partners, L.P., and as CFO for Desert Royalty Company.
Caleb received an MBA from Harvard Business School, where he was a Baker Scholar. He graduated cum laude with an AB in economics and a secondary field in government from Harvard College. Caleb and his wife Lindsey live in Midland with their three children.
Matt Holland
Executive Vice President of Reservoir Engineering and Corporate Development
Matt is the Executive Vice President of Reservoir Engineering and Corporate Development at Garrison Energy. Previously, Matt was the Vice President of Reservoir Engineering at Stronghold Energy II before the sale of Stronghold’s assets to Ring Energy in fall 2022. Matt began his career at Concho Resources, where he held the roles of Rotational Engineer and Reservoir Engineer.
Matt attended Texas A&M University where he received a BS in Petroleum Engineering, graduating cum laude. Matt and his wife Mary Elizabeth have two children and live in Midland.
Drew Hendricks
Senior Vice President of Land
Drew is the Senior Vice President of Land at Garrison Energy and was previously the Vice President of Land at Stronghold Energy II before the sale of Stronghold assets to Ring Energy. He was a Senior Landman for Diamondback Energy in their early growth phase shortly after their IPO. Additionally, he was with University Lands as a Landman.
Drew earned a dual BBA in Management Information Systems and Marketing from Texas Tech University. Drew and his wife, Kyla, have three children.
Josh Russo
Senior Vice President of Exploration
Josh currently serves as Senior Vice President of Exploration for Garrison Energy. Prior to the formation of Garrison Energy, Josh held the position of Vice President of Exploration for Stronghold Energy II until the sale of their portfolio in 2022. He previously served as Senior Geologist for Elevation Resources, focusing his efforts on the technical mapping and horizontal development of their core asset on the Central Basin Platform. Formerly, he was Senior Geologist at Tall City Exploration II, where he aided the team in assembling acreage positions throughout the Delaware Basin. Prior to his time at Tall City Exploration II, Josh was Senior Geologist at Weatherl Energy Investments, L.P., where he identified oil and gas drilling prospects throughout the Midland Basin and Central Basin Platform. Josh began his career at Concho Resources.
Josh is a graduate of The University of Texas of the Permian Basin, where he obtained his BS and MS degrees in Geology. Josh and his wife Kendal have four children.
Lee Martin
Senior Vice President of Completions
Lee is the Senior Vice President of Completions at Garrison Energy. Previously, Lee served as the Vice President of Completions at Stronghold Energy II prior to its sale of Stronghold’s assets to Ring Energy in the fall 2022. Prior to joining Stronghold Energy II, Lee was the Completions Manager – Delaware Basin for Concho Resources where he served in numerous operational and engineering roles from 2011 until 2019. Early in his career, Lee held various engineering positions with BJ Services (prior to purchase by Baker Hughes) and EOG Resources.
Lee graduated with a BS in Mechanical Engineering from Texas Tech University in 2003. Lee and his wife Heather have two children and reside in Midland.
Misty Andrews
Senior Vice President of Accounting and Administration
Misty is the Senior Vice President of Accounting & Administration for Garrison Energy. Previously, Misty was the Controller of Stronghold Energy II. Prior to joining the Stronghold team, she came from Reliance Energy, Inc. where she was an Assistant Controller for 8 years. At Reliance, she obtained experience in multiple areas of accounting while working in the exploration & production, gathering, and service companies. Additionally, Misty worked for 3 years at Johnson Miller and Company preparing partnership, corporate, individual, and state tax returns as a staff accountant.
Misty obtained her MBA and BBA from Angelo State University, and is a Certified Public Accountant. She and her husband, Jared, have three sons.
Rafael Madrid
Vice President of Drilling
Prior to joining Garrison Energy, Rafael served as Drilling Manager for Pinon Resources. Preceding his tenure at Pinon Resources, Rafael served as Drilling Manager for Colgate Energy from 2018 to 2022. He began his career with Colgate Energy in 2018 as a Drilling Engineering Supervisor and was named Drilling Manager in 2020. In these roles, he was responsible for, and managed, all of Colgate Energy’s multi-rig drilling program across multiple counties in Texas and New Mexico, focusing on the Delaware Basin. Prior to his tenure at Colgate Energy, Rafael served as a Senior Drilling Engineer at Diamondback Energy, Inc. working in the Delaware and Midland Basin from 2014 to 2018. Rafael began his career with Chesapeake Energy in 2008 supervising field drilling operations in Loving, Winkler, and Culberson counties in west Texas and the Barnett shale play, including various engineering assignments in the Utica shale and Eagle Ford shale until 2014.
Rafael attended Texas Tech University where he received a BS in Mechanical Engineering.
Will Regan
Vice President of Finance
Will is the Vice President of Finance for Garrison Energy. Before joining Garrison Energy, Will was an Associate at RBC Capital Markets in the energy investment banking division. While at RBC, he worked on M&A and capital markets transactions for clients in the upstream and midstream sectors.
Will received his MBA from UCLA Anderson School of Management, where he specialized in Finance. He graduated summa cum laude from the University of Tennessee at Martin with a focus in Finance and Accounting. Will and his wife Michelle have one son.