Veteran Petroleum Engineer, Townes G. Pressler, Elected Vice Chairman
IRVING, TEX. – The Board of Directors of the Texas Alliance of Energy Producers elected Townes G. Pressler, owner and President of Tepee Petroleum Company and Pressler Petroleum Consultants in Houston, as Vice Chairman of the Alliance. Pressler will serve as Vice Chairman until he is elected Chairman of the Board at the Alliance’s Annual Meeting in Wichita Falls on April 24-25, 2012.
Pressler, a native of Houston, comes from a long line of respected oilmen in his family. His grandfather and father – Judge E. E. Townes and Herman P. Pressler, Jr. – were honored in 2005 with the Legends Merit Award by the Alliance. Pressler decided at the age of 14 that he wanted to be a petroleum engineer. He earned a petroleum engineering degree from the University of Texas at Austin and went to work for Humble Oil and Refining before joining Barnhart Company in Houston.
He worked for Montgomery Exploration Company, Shawnee Oil and Gas Corp., Republic Oil and Gas Corp. and Philip Hill Energy Inc. before starting his own company, Pressler Petroleum Consultants, in 1985. Pressler Petroleum Consultants conducts reservoir engineering, oil and gas property evaluations and appraisals, due diligence, expert witness, and oil and gas property management.
Pressler is also owner of Tepee Petroleum Company, Inc., an exploration and production company with operations and/or non-operating interests in Texas, Oklahoma, Louisiana, Michigan and previously in Arkansas and Pennsylvania.
He founded Total Production Services – an oil field service company – which he built and then sold in 2008. He also has served on the Board of Bellwether Exploration Company, which ultimately became a part of Petrohawk, and Compass Bank, now BBVA.
He is Vice President of the Alliance, Chairman to the Texas Alliance of Energy Producers PAC and serves on the Alliance’s Executive Committee. Pressler also has served as Chairman of the Houston Wildcatters Host Committee.
Pressler serves on a number of community organizations in a leadership capacity, including Ripley Foundation and Texas Children’s Hospital in Houston.
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