About Riverbend Energy Group
As an experienced investor in the energy industry, Riverbend Energy Group consistently achieves superior results and takes pride in being a partner of choice and in closing transactions in all market cycles.
At Riverbend Energy Group, our people are our greatest asset. Led by dedicated and skilled management, we have over 150 collective years of experience creating robust and productive ventures throughout the energy industry. We are proud of our work and use our energy industry knowledge to deliver a value-added experience and returns.
Managing Partner, Founder & Chief Executive Officer
Managing Partner, Founder & Chief Executive Officer
Randy Newcomer, Jr. has served as Managing Partner & Chief Executive Officer since Riverbend’s inception in 2003.
Previously, Mr. Newcomer served as Vice President of EnCap Investments L.P. (from 1997 to 2003) where he evaluated a multitude of financings involving mezzanine debt and equity investments. Mr. Newcomer began his career in 1989 at Amoco Production Company, serving in diverse production and reservoir engineering, business development, and acquisition and divestment roles (all associated with activities in the Permian Basin).
Mr. Newcomer holds a B.S. in Petroleum Engineering from Texas A&M University and an Executive MBA from the University of Houston. Energy companies that Mr. Newcomer has served and/or serves on the Board of Directors include Riverbend, Ovation Energy, Chalker Energy II & III, Navidad Resources and Parsley Energy. Furthermore, he has served or serves on the Board of Directors of Houston Producers Forum and the Advisory Boards of Yellowstone Academy and Stoney Creek Ranch.
Managing Partner & Chief Operating Officer
Managing Partner & Chief Operating Officer
Scott Rice joined Riverbend in 2008 and currently serves as Managing Partner & Chief Operating Officer, focused on engineering, business development, and strategy functions across active portfolios and platform companies.
Previously, Mr. Rice served in reservoir and production engineering roles across multiple basins at Pioneer Natural Resources. Prior to joining Riverbend, Mr. Rice was elevated into an investor relations role within Pioneer, collaborating with Pioneer senior management and external research/investor parties in the private and public company arena.
Mr. Rice holds a B.S. in Petroleum Engineering from Texas A&M University. Energy companies that Mr. Rice has served and/or serves on the Board of Directors of Riverbend and Royal Resources. Furthermore, he serves on the Board of The Galveston Bay Foundation, Corps of Cadets Association, and Walk & Roll for Spinal Cord Injuries Foundation.
Partner & Chief Financial Officer
Partner & Chief Financial Officer
Thomas Galloway joined Riverbend in 2017 and currently serves as Chief Financial Officer. Previously, Mr. Galloway served in the Investment Banking, A&D group at RBC Capital Markets and Energy Commercial Lending group at Amegy Bank. Mr. Galloway has 15+ years of experience in the areas of mergers, acquisitions and divestitures, equity and debt capital markets, corporate finance, and commercial lending.
Mr. Galloway holds a B.S. Business Administration – Finance from Louisiana State University. He currently serves on the Board of Walk & Roll for Spinal Cord Injuries Foundation.
Managing Director, Accounting
Managing Director, Accounting
Matthew Cochrane joined Riverbend in 2017 and currently serves as Managing Director of Accounting. Previously, Mr. Cochrane served as an audit senior manager at Deloitte where he was most recently responsible for managing the audit of a large multinational public company in the oil & gas industry. While at Deloitte, Mr. Cochrane gained significant experience working with large, medium, and small public and private entities in a variety of industries.
Mr. Cochrane has a combined 18+ years in professional accounting roles and has worked as a professional accountant in the United States, Canada, the United Kingdom, and Australia.
Mr. Cochrane is a Certified Public Accountant in the United States, a Chartered Professional Accountant in Canada, and he holds a Bachelor of Commerce in Accounting from the University of British Columbia.
Managing Director, Land
Managing Director, Land
Colin Barnett joined Riverbend in 2015 and currently serves as Managing Director of Land. Previously, Mr. Barnett served as Landman at Occidental Petroleum, with operations focused in the Permian Basin, Williston Basin, and Mid-Continent with 9+ years of experience in the areas of sourcing, leasing, and A&D of oil and gas properties.
Mr. Barnett holds a B.B.A. in Energy Management & Finance from the University of Oklahoma.
Managing Director, General Counsel
Managing Director, General Counsel
Jason Payne joined Riverbend in 2018 and currently serves as Managing Director & General Counsel. Previously, Mr. Payne served as Deputy General Counsel of Halcon Resources, a publicly-traded energy company. Mr. Payne has 12+ years of experience in mergers and acquisitions, capital markets, finance, corporate governance, compliance, and oversight procedures.
Mr. Payne holds a B.B.A. in Finance from Texas A&M University and a J.D. from the University of Houston.
Managing Director, Energy Transition
Managing Director, Energy Transition
Eric Danziger joined Riverbend in 2021 as Managing Director – Energy Transition. Danziger has over 10 years of management experience in Energy Transition investing and operations.
Danziger previously served as Chief Revenue Officer of Innowatts, a leading AI-enabled decarbonization SaaS platform that measures granular carbon footprint, optimizes energy cost and carbon footprint, and reduces carbon footprint through curated tariff plans, electrification, and distributed energy assets programs. Innowatts is backed by global investors including Shell Ventures, Energy Impact Partners, Iberdrola (Spain), Energy and Environment Investment (Japan).
Prior to Innowatts, Danziger served as Co-founder and Chief Financial Officer of Genability, a software and rate engine analytics provider of energy cost and savings data to the leaders in solar, energy storage, electric vehicles, and home energy management. Following a majority transaction with Enel, Danziger transitioned to the Company’s Board of Directors. In 2021, Genability was acquired by Arcadia.
Danziger holds a BBA and MBA from the University of Texas. Danziger serves on the Board of Directors at The Shlenker School, the Board of Directors of Harnyss, the Board of Directors of the Jewish Federation of Greater Houston, the Selection Committee for Halliburton Labs, the Budget Committee for Congregation Beth Yeshurun, and is the Executive Director of the Walk & Roll for Spinal Cord Injuries Foundation.
Managing Director, Capital Development & Investor Relations
Managing Director, Capital Development & Investor Relations
David Gehring joined Riverbend in 2022 and currently serves as Managing Director of Capital Development & Investor Relations. Previously, Mr. Gehring served as Managing Director at Intrepid Financial Partners, an energy-focused merchant bank, with prior energy investment banking experience at Jefferies, Wells Fargo Securities and Wachovia Securities. Mr. Gehring has more than 15 years of energy investment banking experience, advising on more than $60 BN in capital raising, corporate mergers & acquisitions, asset acquisitions & divestitures, financial restructuring and liability management transactions for clients across the energy sector. Prior to investment banking, Mr. Gehring worked in both the real estate development and manufacturing industries.
Mr. Gehring holds an MBA in Corporate Finance from the Goizueta Business School at Emory University and a B.S. in Mechanical Engineering from the Georgia Institute of Technology.
Riverbend has assembled a great team with purpose-built systems to be an evolving energy company. We exclusively complete all engineering, geology, finance, accounting, and land functions with internal resources. Sizable investments have been made in our people and processes throughout our history to build a sustainable, returns-driven company with the foresight to continue for decades to come.
Founded in 2003, Riverbend has successfully acquired, developed, and managed nine asset portfolios representing $5 billion of total enterprise value. Riverbend has successfully monetized seven portfolios, generating significant returns for our investors across multiple investment strategies and through many price cycles.
Since our founding, Riverbend has closed over 300 transactions including acquisitions and divestitures, drilling partnerships, and private equity investments. We have been entrusted with significant equity capital from highly regarded and significant private capital firms.
An early mover in the non-operated working interest space, Riverbend remains a leading non-operated working interest owner in the Lower 48 States. We have also pursued, and continue to pursue, mineral and royalty interests since our formation, operating in active and unconventional U.S. basins. We pride ourselves on strong operational capabilities which translate to returns for shareholders while being good stewards of our environment and communities.
In addition to our core business models of direct ownership of energy assets, Riverbend has a strong track record of directly or indirectly investing in common and/or preferred equity in non-Riverbend companies, energy-related business ideas, and managers. We are well-versed in multiple transaction formats, including multi-property and multi-state property sales, corporate stock transactions, and public or private company dealings.
With the ongoing transition to a lower-carbon energy system, Riverbend seeks to make direct equity investments in compelling private equity and finance opportunities in North American markets. We focus specifically on the providers enabling service, development, and finance across the solar, storage, electric vehicle, and energy management sector.
