Blair Mathews has over 12 years of experience in the upstream and midstream sectors with a focus on financial planning and analysis, transaction and contract negotiation, and acquisitions and divestitures. Before becoming Chief Financial Officer at Texas GulfLink, he served as Business Development Director at EXCO Resources (“EXCO”) where he was responsible for leading the acquisition and divestiture efforts for EXCO’s upstream and midstream assets across multiple areas.
As Mr. Mathews reported directly to EXCO’s CEO before transitioning to Texas GulfLink, Mr. Mathews was tasked with the strategic planning and execution of key company initiatives. During his 11 years at EXCO, he worked in various positions in the financial planning and analysis group where he focused on financial forecasting for EXCO’s midstream equity investment, TGGT. In addition to leading the divestiture of TGGT for $910 million, he led the financial evaluation and negotiation of multiple successful upstream acquisitions and divestitures on EXCO’s behalf. He led the financial portion of the TGGT credit facility to the bank group in order to establish TGGT’s initial credit facility of $500 million. Among other initiatives, he assisted in a $750 million bond offering for EXCO, two strategic joint ventures with BG Group in excess of $1 billion, and was heavily involved in EXCO’s attempted go-private.
Before transitioning to the oil and gas industry, Mr. Mathews worked at Ernst & Young in the financial valuation group and in business development efforts in the transaction advisory services practice. He performed business valuation for purposes of transactional analysis, purchase price allocation, goodwill impairment testing, and litigation support.
Mr. Mathews holds a Bachelor of Business Administration degree in Finance from Baylor University.