Blackhawk Energy Ventures

Blackhawk Energy Ventures Inc. is a private company engaged in the exploration, development and production of oil and gas in the United States. We focus on acquiring and developing energy assets that present potential for attractive risk-adjusted returns under our stewardship.

With more than 40 years of experience in the energy industry, Frank Ingriselli is a seasoned leader and entrepreneur with wide-ranging E&P experience in diverse geographies, business climates and political environments. Mr. Ingriselli was the founder and Chairman of PEDEVCO Corp. and Pacific Asia Petroleum, Inc., both are energy companies listed on NYSE.  Mr. Ingriselli currently serves as the President of Indonesia Energy Corporation. as well as a member of the Board of Directors at the Canada-based NXT Energy Solutions Inc, (TSX:SFD; OTC QB:NSFDF) and DataSight Corporation.  Mr. Ingriselli also serves on the Board of Trustees of the Eurasia Foundation, and is the founder and Chairman of Brightening Lives Foundation, Inc., a U.S. Section 501(c)(3) public charitable foundation.  ​  Prior to founding these two companies, Ingriselli spent 23 years at Texaco in diverse senior executive positions involving in power and gas operations, merger and acquisition activities, pipeline operations and corporate development. Positions Mr. Ingriselli held at Texaco included President of Texaco Technology Ventures, President and CEO of the Timan Pechora Company (owned by affiliates of Texaco, Exxon, Amoco, Norsk Hydro and Lukoil), and President of Texaco International Operations Inc.     Mr. Ingriselli led Texaco’s global initiatives in exploration and development in key new countries at that time, including China and Russia.

Boris Litvak brings over 35 years of experience in the oil and gas sector in both the US, Europe and Russia, as a senior executive of Texaco, TNK-BP and Nafta Industries.     A reservoir engineer by training, Mr. Litvak spent the bulk of his career with Texaco, eventually becoming Director of Project Analysis for Texaco and Vice President, New Business Development. In 2001, Mr Litvak moved to TNK-BP as Investment Director, playing a leading role in the management of a US$2.5bn oil and gas portfolio. Since 2006, Mr Litvak has worked as a President of Nafta Industries, responsible for the acquisition and management of upstream assets.  Mr. Litvak also served as the non-executive Chairman of British oil company “Timan O&G”.     Mr. Litvak was also the founder of Vista Tex Energy Inc., a privately owned energy company which acquired upstream oil and gas assets, operated and managed 225 wells in Texas, Oklahoma, Louisiana and Mississippi.  In 2014 he founded VTX Energy, a Houston-based energy company with active operations in Illinois and Indiana.

Clark Moore has over 10 years of experience in the energy industry.  He previously served as the Corporate Counsel to ERIN Energy.  Prior to joining ERIN Energy. Mr. Moore was an attorney at the law firms of Venture Law Group and Heller Ehrman LLP, both located in Menlo Park, California, where he practiced general corporate and transactional law.     Mr. Moore currently sits on the Board of Directors of Steering Committee of Pathways Hospice Foundation, a San Francisco Bay Area not-for-profit foundation supporting the Sunnyvale, California-based Pathways Home Health, Hospice and Private Duty organization.     Mr. Moore graduated from the University of Washington with a Bachelor of Arts degree in History, and earned his Juris Doctor degree with Distinction from Stanford Law School.

HIGH-QUALITY PORTFOLIO

We focus on acquiring companies and high-value assets, which can be developed and produced out of multiple horizons within one geologic formation, multiple productive geologic formations or ‘stacked pay’ that can be developed from a single location on the surface and potential for increased production through down-spacing, enhanced recovery methods (e.g., waterfloods) or other means.

New Oil Market Conditions create New Opportunities That Calls for New Strategies 

Blackhawk Energy Ventures is a next generation U.S. oil and gas company.  We draw from our decades-long E&P experience, from off-shore deep water exploration, to the advanced drilling technologies that helped brought forth the Shale Revolution, to capitalize on the new opportunities presented in the next generation oil market.  We focus on identifying and acquiring under-valued oil assets and maximize their production and profit by utilizing stringent cost-effective, low-overhead operation programs.     We drive to bring bottomline profitability through operational efficiency and market responsiveness.