Azul Resources was formed after the merger of Indigo Natural Resources into Southwestern Energy (SWN) and focuses on investing in the Haynesville Shale by bringing together the technical, land and execution capabilities of the Azul team, supported by the financial and business insights of Carnelian Energy Capital.
Our purpose is to invest in responsible natural gas opportunities in the Haynesville Shale.
We believe in hard work, recognizing different perspectives and participating in the local communities.
Integrity. Respect. Teamwork. We have worked together for many years and share these same principles and core values.
We have performed large scale leasing, tackled complex engineering challenges, organically grown production by over 1 BCF/d and executed on billions of dollars worth of transactions.
Backed by Carnelian Energy Capital, a North American-focused investment firm with an established track record of value creation across the energy sector with $2.8 billion of cumulative capital commitments.
“We are Azul Resources”
Chief Executive Officer
Mr. Hart was previously Executive Vice President A&D and Reservoir Engineering at Indigo Natural Resources, where he was responsible for leading the A&D, Reservoir Engineering and Corporate Reserves efforts. Thru the course of his tenure at Indigo, the company grew from 25 MMCFe/d to over 1 BCFe/d, making it one of the largest private natural gas producers in the United States and executed on over $5 billion of acquisitions and divestitures and over $2 billion of financings. Prior to Indigo, he held various roles across drilling, completions, production and reservoir engineering at El Paso E&P, in both Houston and Denver. Zach has a BS in Petroleum Engineering from the University of Texas at Austin, an MBA from Rice University and is a registered Professional Engineer in the State of Texas.
Mr. Lemmond was previously Vice President A&D – Land at Indigo Natural Resources and was responsible for land related efforts for all acquisitions, divestitures and trades. During his tenure at Indigo, he held various roles across land operations with active multi-rig development and worked dozens of successful acquisitions and divestitures. Prior to Indigo, he held various land roles across multiple basins at El Paso E&P. Mason has a B.B.A. in Petroleum Land Management from Texas Tech University.
Ms. Darby was previously Senior Staff Engineer at Indigo Natural Resources where she was a reservoir engineer responsible for asset development of her area producing over 500 MMcfe/d along with supporting the A&D efforts. She was also responsible for inputs for quarterly reserves, supported the IR team and worked many leading edge technologies and development solutions. Prior to Indigo, she held reservoir, production and operational engineering roles at Noble Energy in Houston, Denver and Israel. Amanda has a BS in Chemical Engineering from The University of Texas at Austin and an MBA from Rice University where she was also a Jones Scholar.
Mr. Carroll was previously Senior Staff Landman at Indigo Natural Resources where he was a landman responsible for a major grass roots leasing program, royalty and mineral acquisitions and land operations in Indigo’s most active development area. He was also the lead on many acreage trades and assisted the A&D group on due diligence, title research and defense. James has a B.S. in Agricultural Business and Economics and a J.D., both from Louisiana State University. He has also been admitted to the Bar Associations of both Texas and Louisiana.