Director, Asset Development New Ventures and Utah Colorado

Reports to: Senior Vice President, Asset Development

Role: The Director, Asset Development is responsible for leading the integrated development and strategic direction of AEC’s Utah/Colorado and New Ventures portfolio. This role oversees Subsurface (Geoscience, and Reservoir Engineering) ensuring alignment between technical evaluation, asset development, and commercial outcomes.

This leader serves as a strategic integrator, connecting subsurface, asset management, and business development to drive portfolio value through disciplined capital allocation, partnerships, and development execution. The role requires strong strategic planning, multi-disciplinary coordination, and the ability to influence senior stakeholders in a fast-paced, results-driven environment, consistently demonstrating clear decision framing, sound judgment, and disciplined execution.

The Director has ownership and accountability for both technical and business outcomes, including the ability to independently synthesize complex information into clear, decision-ready recommendations and to proactively lead cross-functional alignment with limited direction.

Responsibilities

• Develop and execute asset strategy and vision for Utah/Colorado Assets and New Ventures, aligning technical and commercial objectives
• Lead and integrate Subsurface Geoscience and Reservoir Engineering teams to deliver high-quality technical evaluations and development plans
• Identify and advance commercial opportunities including joint ventures, partnerships, and trades
• Translate subsurface insights into clear, decision-ready development and investment recommendations, including explicit articulation of risks, uncertainties, and economic implications.
• Drive capital allocation and portfolio optimization, balancing short-term execution with long-term value creation
• Serve as the primary integrator across subsurface, operations, land, regulatory, and commercial teams
• Ensure alignment between technical plans and operational execution, including Field Development Plans (FDPs) and appraisal programs
• Establish and enforce clear prioritization discipline, ensuring team focus remains aligned with highest-value activities and agreed strategic direction
• Lead or support business development evaluations, including technical assessments, economic modeling, and transaction support
• Lead the development of clear, decision-oriented recommendations, including framing of risks, trade-offs, and value-of-information (VOI) considerations for senior leadership
• Proactively identify, assess, and communicate asset risks, constraints, and opportunities, including clear action plans and mitigation strategies
• Lead prioritization across the portfolio, ensure alignment with corporate strategy and capital allocation objectives, and consistently reinforce priorities with the broader team
• Influence and align senior leadership on strategy, risks, and opportunities
• Operate effectively in a in a fast-paced, execution-focused environment , demonstrating sound judgment and managerial courage

Experience and Education

• Bachelor’s degree in Engineering, Geoscience, or related field (advanced degree preferred)
• 12+ years of experience in oil & gas asset development, subsurface, or related disciplines
• 7+ years of experience leading a team
• Experience across the full asset lifecycle (exploration, appraisal, development, production), with strength in development and producing assets
• Demonstrated leadership role or key contributor experience in joint ventures, partnerships, trades, and/or commercial transactions
• Demonstrated experience owning complex, cross-functional projects from concept through execution, including development of executive-level materials and recommendations
• Ability to operate independently at a senior level, with minimal need for direction in framing problems, structuring analyses, and driving outcomes
• Ability to lead or significantly contribute to asset development and portfolio decisions
• Experience integrating technical, operational, and commercial considerations to drive outcomes

Skills

• Strong strategic and business acumen, including capital allocation, portfolio planning, and long-term value creation
• Ability to translate complex technical and business information into clear, concise, decision-oriented recommendations and investment outcomes
• Proven ability to lead, influence, and align multi-disciplinary teams and senior stakeholders
• Strong executive communication and leadership presence, including preparation and delivery of materials for senior-level decision forums
• Demonstrated decision-making, risk assessment, and problem-solving capabilities with a focus on actionable outcomes
• Ability to operate in a fast-paced, high-accountability environment, with strong prioritization and focus on highest-value activities
• High level of ownership, accountability, and managerial courage, including willingness to make decisions and constructively challenge peers and stakeholders
• Strong understanding of oil & gas operations, subsurface evaluation, and development planning

At Anschutz Exploration, we’re driven by a shared commitment to company success over individual wins. We aim high, simplify where it counts, and focus on what matters — all while embracing transparency and continuous learning. If you’re someone who thrives in a collaborative, improvement-focused environment, we’d like to hear from you.

Benefits and Anticipated Compensation

This role is eligible for both short- and long-term incentive opportunities. AEC offers a benefits package that includes medical, dental, vision, employer paid life and disability insurance coverage, a 401(k) plan with company match, and wellness support.

The starting rate for this position is expected to be between $285,000 to $325,000, based on experience, qualifications, and internal pay alignment. Final compensation may vary from this range depending on a variety of factors, including a candidate’s education, skills, prior experience, and evolving market conditions. This range represents Anschutz Exploration’s good-faith estimate of the pay for this role at the time of posting.

Application Deadline

We anticipate starting to review applications after May 7, 2026 but applications will be accepted until finalists are identified.

Anschutz Exploration Corporation (AEC) is an Equal Opportunity Employer. We are committed to the principles of equal employment opportunity and comply with all applicable federal, state, and local laws prohibiting discrimination in employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), national origin, age, disability, genetic information, veteran status, or any other status protected by applicable law.

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