Fairway III is a privately-owned independent oil and gas company based in Southlake, Texas, that was formed in June 2016 when it closed on a large commitment from Denham Capital, an energy-focused global private equity fund. Fairway III is pursuing an acquire and exploit strategy focused on assets in Oklahoma and Texas. It made its first acquisition in November 2016 when it closed on the purchase of Samson Resources’ properties in the central portion of the Anadarko Basin.
Fairway Resources, LLC was founded in 2005 and is the management-owned entity that formed Fairway Resources Partners, LP in 2006 and Fairway Resources Partners II, LLC in 2010. Fairway III’s management team seeks to capitalize on the success achieved by its predecessor companies.
Fairway Resources, LLC was founded by our President & CEO, Matt Eagleston, and our Chairman & CFO, Les Stephens, in 2005. Soon thereafter, our Executive Vice President, Joe Small, was added as a partner to the team. During the company’s formation, Matt and Les created the name Fairway Resources based on three ideas. First, they both love to play golf; however, they don’t get to play as often as they like because they are busy running the company. Second, the sweet spot of an oil and gas play is often referred to as the “fairway.” Last, and most importantly, both men have sought to always do business in the “fair way.” This value has permeated the company since its founding and continues to be a critical principle driving all of our employees’ activities. This last idea can best be exhibited by the statements below that are displayed at the entrance to our office.
Our Vision Statement
To Be the Best…..focused, profit-driven and professionally managed small independent oil and gas company in the United States, with a family-like culture based upon the ideals of honesty, integrity, personal responsibility and mutual respect…..while having fun.
Our Values Statement
We at Fairway Resources will dedicate ourselves to the following principles of conduct:
- We will act with the utmost honesty and integrity.
- We will value each other’s individual abilities.
- We will strive to create a safe workplace.
- We will take responsibility for our own actions.
- We will challenge each other to take initiative.
- We will conduct business with sincere professionalism.
- We will deliver maximum value to our owners.
- We will treat each other as “family.”