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Venari Resources Appoints Bob Abendschein as Chief Operating Officer

– Venari Resources Appoints Bob Abendschein as Chief Operating Officer –

DALLAS and HOUSTON, August 16, 2017 – Venari Resources LLC, a deepwater oil exploration and production company in the Gulf of Mexico, today announced the appointment of Bob Abendschein as Chief Operating Officer.

Mr. Abendschein joins Venari with over 30 years’ experience at Anadarko Petroleum Corporation, where he most recently held the position of Vice President of Deepwater Americas Operations. His career at Anadarko included progressive roles in Reservoir Engineering, Exploration, Production Services, Corporate Development and Worldwide Deepwater Operations.

“Bob brings a wealth of deepwater and M&A experience, and I am extremely pleased he is joining the Venari team,” said Brian Reinsborough, President and Chief Executive Officer. “Bob’s track record of delivering outstanding operational results along with his reputation as a strategic decision maker will enable him to provide excellent leadership at Venari.”

Mr. Abendschein holds a Bachelor of Science in Petroleum Engineering degree from Texas A&M University.

About Venari Resources

Venari Resources, a privately held offshore exploration and production company founded in 2012 by deepwater E&P expert Brian Reinsborough, is focused on the prolific oil-prone subsalt region in the Gulf of Mexico’s deep waters. Since its formation, preeminent global investment firms led by Warburg Pincus, Kelso & Company, Temasek, and The Jordan Company have committed $2.4 billion of capital to Venari’s exploration program and development projects. Venari has built a large inventory of drillable prospects and leases in the Gulf of Mexico including the Anchor discovery in Green Canyon and the Shenandoah discovery in the Walker Ridge area. The Company is headquartered in Dallas and has an additional office location in Houston. For more information, visit www.venari.com.

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