Paul Favret

Paul Favret is a Colorado-based energy executive, entrepreneur, and inventor with more than four decades of leadership in oil and gas exploration, technology development, and private equity-backed operations. His career includes founding three companies and serving as Chief Executive Officer of several organizations. One of his leadership roles included Resource Energy Partners. This Apollo Global Management-backed operator acquired three public companies through Section 363 bankruptcy proceedings and operated more than 220 wells, producing approximately 3,800 barrels of oil per day. He also led Source Energy Partners, which controlled over 800,000 acres and 18 producing wells generating more than 3,500 barrels per day. He earned a Bachelor’s Degree in Geology from Western Carolina University between 1980 and 1984, graduating magna cum laude. He continued his academic studies at the University of South Carolina, completing a Master’s Degree in Geology and Geophysics and graduating summa cum laude between 1984 and 1986. Favret later expanded his education to include business leadership training. He earned a Master of Business Administration from the University of Houston and graduated cum laude in 1992. In 1999, he completed Petroleum Engineering for Management studies at the Colorado School of Mines, strengthening his understanding of engineering principles related to energy development and management decisions. He began his professional career in 1986 with Amoco, where he worked for 10 years as a lead explorationist and geophysicist. His assignments included Gulf Coast exploration, deepwater Gulf of Mexico projects, international work in Nigeria and Angola, and domestic initiatives in the Wyoming Greater Green River Basin. From 1994 to 1996, Paul Favret received five President’s Awards for achievements in exploration and development. During that same time, he was the only professional within the organization to receive five such awards.