Mutual of Omaha forms Energy Lending Group

Mutual of Omaha Bank has hired two senior energy lenders and formed a new Houston-based energy lending group to begin deploying capital in the oil and gas industry.

George McKean has been appointed manager of energy lending and Edward Fenk has been named senior energy lender. Both are veterans of the oil and gas banking industry and will lead Mutual of Omaha Bank’s energy lending group, primarily financing Exploration and Production (E&P) and Midstream projects.

McKean brings 25 years of experience to Mutual of Omaha Bank, most recently serving as managing director at CIT Group in Houston, where he established a Houston-based energy lending group for the company. He has held senior officer positions at multiple financial institutions, as well as leading energy companies.

McKean earned his bachelor’s degree from the University of Michigan and his executive MBA from Columbia University in New York.

Fenk brings 30 years of oil and gas industry and energy lending experience to Mutual of Omaha Bank, most recently serving as vice president of the Corporate Banking Energy Industry Team at Allied Irish Bank in Houston. He has held senior loan officer positions for several leading financial institutions and has held senior positions at several leading oil and gas E&P companies.

Fenk earned his bachelor’s and master’s degrees from the University of Florida in Gainesville, Fla., and his Juris Doctor from Texas Wesleyan University School of Law in Fort Worth, Texas. He is a Certified Petroleum Geologist by the American Association of Petroleum Geologists (AAPG), a Licensed Professional Geologist in Texas and is a licensed attorney in Texas and New York.

Mutual of Omaha Bank is a full-service bank providing financial solutions to individuals and businesses in communities across the United States. With more than $5 billion in assets, Mutual of Omaha Bank operates a network of community banks and offices in Arizona, California, Colorado, Florida, Iowa, Missouri, Nebraska, Nevada and Texas and has a nationwide deposit services business. It is a subsidiary of Mutual of Omaha, a leading insurance and financial services company since 1909. Mutual of Omaha is ranked among the Fortune 500 with more than $26 billion in total assets and high ratings from leading ratings agencies. 

Source:  Mutual of Omaha Bank

Related Articles

Osage enters into $30 M refinancing facility

04/05/2014

Osage Exploration and Development Inc. reports that the company has entered into a new $30 million draw-down credit facility with Apollo Investment Corp.

Energy and Infrastructure Capital announces launch

04/03/2014 Energy and Infrastructure Capital LLC, an investment manager specializing in direct lending to companies in the global energy and infrastructure sectors, and an indirect subsidiary of Harbinger Gro...

Canyon Creek receives $75M in equity capital

04/03/2014 Canyon Creek Resources LLC, a Tulsa, Oklahoma-based oil and gas exploration company, has received an equity capital commitment of $75 million from an affiliate of ArcLight Capital Partners LLC.

CONSOL begins senior-notes cash tender offer

04/03/2014

CONSOL Energy Inc. has begun a cash tender offer to purchase any and all of its $1,500,000,000 in outstanding aggregate principal amount of 8.00% senior notes due 2017.

Enable Midstream Partners launches IPO

04/02/2014

Enable Midstream Partners LP has begun an initial public offering of 25 million common units.

More Oil & Gas Financial Articles

Osage enters into $30 M refinancing facility

Sat, Apr 5, 2014

Osage Exploration and Development Inc. reports that the company has entered into a new $30 million draw-down credit facility with Apollo Investment Corp.

Energy and Infrastructure Capital announces launch

Thu, Apr 3, 2014

Energy and Infrastructure Capital LLC, an investment manager specializing in direct lending to companies in the global energy and infrastructure sectors, and an indirect subsidiary of Harbinger Group Inc., has launched operations as of April 3.

Canyon Creek receives $75M in equity capital

Thu, Apr 3, 2014

Canyon Creek Resources LLC, a Tulsa, Oklahoma-based oil and gas exploration company, has received an equity capital commitment of $75 million from an affiliate of ArcLight Capital Partners LLC.

CONSOL begins senior-notes cash tender offer

Thu, Apr 3, 2014

CONSOL Energy Inc. has begun a cash tender offer to purchase any and all of its $1,500,000,000 in outstanding aggregate principal amount of 8.00% senior notes due 2017.

Enable Midstream Partners launches IPO

Wed, Apr 2, 2014

Enable Midstream Partners LP has begun an initial public offering of 25 million common units.

Most Popular

Oil & Gas Jobs

Search More Job Listings >>
Subscribe to OGFJ