Release Date: Sept. 30, 2008
Energy Company CEO Named ASU Wells Fargo Business Lecturer
W. Mark Low, founder and CEO of Juno Energy LLC and a 20-year veteran of the oil and gas industry, will deliver Angelo State University’s 2008 Wells Fargo Distinguished Lectureship in Business Thursday, Oct. 30, in the ASU Auditorium.
Low will present his lecture, “It’s the Easy Things that are the Hardest,” at 11 a.m. Oct. 30. The ASU Auditorium is located in the Mayer Administration Building, 2601 W. Ave N. The lecture is open free to the public.
Under Low’s direction, Juno Energy LLC operates about $50 million worth of oil and gas producing properties in the Permian Basin. The company has drilled more than 50 new wells since early 2007 and boasts monthly revenues of about $2 million.
After graduating summa cum laude from ASU in 1978 with his B.B.A. in accounting, Low first ventured into the energy industry as a staff accountant at Arthur Anderson LLC in Dallas, where he worked for 22 years. During that time, he made partner in 1989 and then took over the company’s North American Oil and Gas Industry Practice from 1996-2002. In that position, he oversaw the $500-million-a-year practice and participated in acquisitions in excess of $2 billion.
After Arthur Anderson LLC dissolved in 2002, Low transitioned much of its Dallas practice to KPMG LLC, where he worked until 2004. After starting his own company, San Saba Resources LLC, in 2004, Low became chief financial officer for Peak Energy Resources Inc. and Momentum Energy Group Inc., overseeing all financial and accounting functions for the energy exploration and development entities.
In addition to Juno Energy LLC, Low is also the founder of Fossil Creek Resources LLC, an energy exploration venture in the Rocky Mountain region. After positioning the company to begin drilling activities this quarter, he relinquished day-to-day involvement to concentrate on the Juno Energy project.
The Distinguished Lectureship in Business was established in 1995 and is underwritten each year by Wells Fargo Bank of San Angelo. Now in its 13th year, the lectureship is designed to provide ASU students and the public with exposure to well-known business leaders and help grow the relationship between the San Angelo business community and ASU.
Past speakers have included Verizon vice president Michael H. Millegan, Time Warner Cable CFO Landel Hobbs, Houston Astros owner Drayton McLane Jr., Hirschfeld Steel CEO David Hirschfeld, and Town & Country Food Stores Inc. CEO Steve Stephens.
An eight-member selection committee representing ASU and Wells Fargo Bank chooses the speaker annually. Members of the 2008 selection committee are chairman Dr. Corbett Gaulden, dean of ASU’s College of Business; Jim Raymond, president of Wells Fargo Bank of San Angelo; Dr. Tom Badgett, head of ASU’s Department of Management and Marketing; Dr. Thomas Bankston, head of ASU’s Department of Accounting, Economics and Finance; Dr. S. Murat Kara, associate professor of economics; Tom Nurre Jr., ASU news and information specialist; Dr. Sharynn Tomlin, associate professor of management; and Dr. J. Thomas Yokum Jr., professor of management.