Presented by:
Ashley Gilmore, CEO of Tracts, is today's featured Forty Under 40 honoree.
Gilmore started Tracts with partners David Dewey and fellow 2022 Forty Under 40 honoree Robert Anderson.
"The first achievement is when David, Rob and I created Tracts, a title management platform that has the ability to save the industry over a billion dollars annually," he said. "I always feel like I’m chasing the next milestone, and each time we hit a milestone, it feels less significant than the one coming up."
As a leader in his company, Gilmore has found that the key to good leadership is persistence. Finding innovative ways to adjust to different challenges, he said, is an essential part of leading a company.
"Our team doesn’t quit. We pivot, and we adjust," Gilmore said. "One example of this was the creation of TitleNotes and forming a partnership with Enverus. TitleNotes solves a major problem for our customers and is a revenue generating lead source."
According to Gilmore, young energy professionals are valuable to the workforce because they are on the onset of their careers - they have "time to fail" and "time to win."
"Sometimes lack of experience and fundamental misunderstandings of a problem can lead to innovation and new approaches that end up being better," he said.
Click here for Ashley Gilmore's full profile.
Take a look at all of the Forty Under 40 honorees.
Recommended Reading
Kimmeridge Fast Forwards on SilverBow with Takeover Bid
2024-03-13 - Investment firm Kimmeridge Energy Management, which first asked for additional SilverBow Resources board seats, has followed up with a buyout offer. A deal would make a nearly 1 Bcfe/d Eagle Ford pureplay.
Laredo Oil Subsidiary, Erehwon Enter Into Drilling Agreement with Texakoma
2024-03-14 - The agreement with Lustre Oil and Erehwon Oil & Gas would allow Texakoma to participate in the development of 7,375 net acres of mineral rights in Valley County, Montana.
SLB’s ChampionX Acquisition Key to Production Recovery Market
2024-04-21 - During a quarterly earnings call, SLB CEO Olivier Le Peuch highlighted the production recovery market as a key part of the company’s growth strategy.
Oil and Gas Chain Reaction: E&P M&A Begets OFS Consolidation
2024-04-26 - Record-breaking E&P consolidation is rippling into oilfield services, with much more M&A on the way.
PrairieSky Adds $6.4MM in Mannville Royalty Interests, Reduces Debt
2024-04-23 - PrairieSky Royalty said the acquisition was funded with excess earnings from the CA$83 million (US$60.75 million) generated from operations.