Roxanna Oil Company
952 Echo Ln #364, Houston, Texas, United States

Roxanna Oil Company is a family-owned, independent oil and gas exploration company founded by Marlan W. Downey over 30 years ago. Our focus is on the creation of new, early-entry exploration plays in the onshore US and International.  We can invest directly in all projects we recommend to our industry partners and clients, always prepared to “put our money where our mouth is”.  We hold over 500,000 acres of working and royalty interests in numerous plays and encourage a review of our track record.

Core Business
Roxannas activity is in prospect generation, operations and consulting. Our experienced team couples the fundamentals of the petroleum system with the application of new technology. Today we are generating low risk projects that can be evaluated and acquired in the current lower cost environment and have the potential for significant future upside. Our consulting team has completed major projects for Shell, Matador Resources, Marathon Oil, Petrohunt, Longfellow Energy and Kimmeridge Energy.

Roxanna was founded in 1987 by Marlan W. Downey following his retirement as President of Pecten (Shell) International. As Marlan came out of retirement to join ARCO International as President, Roxanna remained active in evaluating and participating in North American oil and gas plays. Marlan retired from ARCO seven years later, entered academia as Bartell Professor of Geoscience at the University of Oklahoma, and Chief Scientist at the Sarkeys Energy Center. Marlan worked actively as Chairman of the Board for Roxanna mentoring employees and enjoying office “round table” discussions until his passing May 29th, 2017.

In 2005 Julie Garvin become president of Roxanna. Prior to joining Roxanna Julie was Geoscience Advisor, Worldwide Exploration for Marathon Oil Company. Led by Julie, Roxannas royalty interests have grown to over 500,000 acres in various unconventional and conventional plays in the U.S. In addition, the company has identified and executed major new play opportunities for its clients, resulting in acreage blocks of up to 250,000 acres for third party clients and partners.

Dr. Paul Gucwa joined Roxanna in 2013 as Executive Vice President and brings four decades of technical and project management experience to Roxanna. Paul has had extensive North American E&P involvement with Marathon Oil Company, British Petroleum, Maritech Resources and Bahamas Petroleum.

Roxanna currently operates its first oil field in Nebraska and we encourage a review of our track record. We have completed major projects with Shell, Matador Resources, Marathon Oil, Petrohunt, Kimmeridge Energy and AllianceBernstein, just to name a few. Read more on our core business here.

Karen Downey has been in charge of Roxannas Charitable Foundation since 2013 and it is a matching gift program for our shareholders and employees to donate to charities of their choice that have a 501c3 status. As our Founder puts it, “The idea is to amplify the donations of our employees and shareholders while giving back in a manner that will do the most good.”