The most recent entity to be launched by Chairman and CEO Thomas C. Meneley, Plantation Petroleum Company LLC (PPC) is a regionally focused, independent oil and gas company currently working in the Permian Basin of Texas and New Mexico. Chartered in 2012 with operations conducted by its subsidiary, PPC Operating Company LLC, Plantation Petroleum Company is backed by equity provided by EnCap Investments L.P. and Old Ironsides Energy, LLC.
Under Mr. Meneley’s leadership, PPC’s experienced management team has built a thriving business on the principles of innovation, integrity and accountability. At the foundation of the company's success has been a disciplined strategy that emphasizes value creation through high-potential acquisitions and development and exploitation.
With the support and expertise of a top-notch technical and professional staff continually focused on maximizing value and reducing overhead and operational costs, PPC looks for repeatable high returns with long life, multiple stacked pays, shallow decline curves, running room and operational control. Our acquisitions have been targeted to fit our regional focus and present both an operational and technical upside.