About
Hollis Sullivan formed Veritas Energy, LLC in 2011 as an energy company with a clear focus on values and good business practices. He brings over 40 years of tried and true experience in the oil and gas industry. Hollis got his start in the oil and gas business with Cobra Oil & Gas in the late 1970s. In 1990, Hollis founded Hollis R. Sullivan, Inc. as a small oil and gas company based in Wichita Falls, Texas. The company drilled over 400 wells throughout the state of Texas during his tenure as President. Hollis R. Sullivan, Inc. sold its initial Barnett Shale assets to Encana in 2005 and subsequently developed Barnett Shale assets to XTO Energy in 2008. From 2008 through 2102, Hollis served as Chairman of Titan Operating, LLC, a private equity-backed company focused in the Barnett Shale (later merged with Atlas Resources Partners, L.P.). In 2015, Veritas directed their efforts to the Permian Basin, building a substantial leasehold position which was merged into Double Eagle Energy Permian, LLC and later sold to Parsley Energy, Inc. in 2017. Since the sale to Parsley, Veritas has focused efforts on pursuing non-operated opportunities and minerals within the Permian Basin with line-of-sight development. Veritas has worked creatively with high-quality operators and sellers of non-operated interests to help accomplish their strategic financing goals on an efficient timeline.