Mr. Sharman is Executive Vice President, co-founder, and co-owner of Texas Standard Oil LLC. Mr. Sharman has over 25 years’ experience in the oil and gas business, including offshore operations in the Federal OCS waters of the Gulf of Mexico, and over 40 years of experience as a practicing oil and gas lawyer.
Prior to his current activities, Mr. Sharman was part owner and Vice President, then President (as of February 1, 2008) of Texas Standard Oil Company, a privately owned, independent oil and gas non-operating company engaged in the exploration, development and production of oil and natural gas in Federal OCS waters of the Gulf of Mexico as well as in the Permian Basin and onshore Texas and Louisiana. Texas Standard Oil Company was formed as part of a publicly registered roll-up of the overriding royalty interests of the publicly traded Freeport-McMoRan Offshore Royalty Trust and the underlying working interests then owned by IMC Global, Inc. The assets were sold and it was liquidated in 2010.
In his private practice of law in the oil and gas transactional and energy finance sectors, Mr. Sharman has represented independents in the financing of the acquisition and development of oil and gas assets, on both debt and equity basis (including $300 million financing of a large domestic independent’s SPE, representing a large German commercial bank that was co-lead on the facility), primarily in Texas and Federal waters offshore Texas and Louisiana.
From 1996 to 1999, Mr. Sharman was Vice President then President of Allied Natural Gas Corporation, a privately owned, independent oil and gas company engaged in the development and production of oil and natural gas in Federal waters of the Gulf of Mexico, including operations (operated three platforms), financing (production payment lending coupled with gas marketing rights), and acquisitions (negative value/surety transactions).
Before 1995, Mr. Sharman worked solely as an attorney with various firms in Houston, Texas, including Butler & Binion, Reynolds, Allen & Cook, Oaks, Hartline & Honey and Campbell, Zukowski, Bresenhan & Woods, practicing in the oil and gas transactional and energy finance area and in litigation support.
Mr. Sharman began his career in 1978 as an Assistant Attorney General of Texas under then Attorney General Mark White.
Mr. Sharman received his BA, cum laude from Vanderbilt University and his Doctor of Jurisprudence from the University of Texas at Austin School of Law.