Texas’s Halcon Resources announced it has appointed Richard Little as its new CEO effective June 11.
Little will fill the role vacated in February by James Christmas, who will continue to serve as a non-executive chairman of the board of directors.
Little is a petroleum engineer with 23 years' experience in the energy business. He was most recently Chief Executive Officer of Ajax Resources, which grew significantly under his leadership and was sold to Diamondback Energy late last year.
Richard started his career as a completions engineer with Haliburton Energy Service and prior to his tenure at Ajax held progressive roles in operations management with EP Energy and its predecessors. His experience includes reservoir, drilling, completions, production, and facilities management.
His capital discipline, broad experience and leadership will play a vital role in capitalizing on Halcón's significant base in the Permian Basin.
"I look forward to working with the Halcón Board and the rest of the Halcón team to grow significant shareholder value by driving operational efficiencies and improving overall program economics," said Little. "I am excited about the future of Halcón and pleased to be a part of this team."