Paul Favret

About Paul Favret

Paul Favret is a Colorado–based energy executive, entrepreneur, and inventor with four decades of leadership in oil and gas exploration, technology development, and private equity–backed operations. He founded three companies and served as Chief Executive Officer of multiple firms, including Resource Energy Partners, an Apollo Global Management–backed operator that acquired three public companies through Section 363 bankruptcy proceedings and operated more than 220 wells producing approximately 3,800 barrels of oil per day. He previously led Source Energy Partners, which controlled over 800,000 acres and 18 producing wells, generating more than 3,500 barrels per day.

Paul Favret earned a Bachelor’s Degree in Geology and graduated magna cum laude from Western Carolina University between 1980 and 1984. He continued his studies at the University of South Carolina, completing a Master’s Degree in Geology and Geophysics and graduating summa cum laude from 1984 to 1986.

Recognizing the importance of combining technical expertise with business leadership, Favret later pursued a Master of Business Administration at the University of Houston, graduating cum laude in 1992. He also completed Petroleum Engineering for Management studies at the Colorado School of Mines in 1999, further strengthening his ability to bridge engineering and executive decision-making.

Paul Favret began his professional career in 1986 with Amoco, where he served for 10 years as a lead explorationist and geophysicist. His assignments included Gulf Coast exploration, deepwater Gulf of Mexico projects, international work in Nigeria and Angola, and domestic initiatives in the Wyoming Greater Green River Basin.

Between 1994 and 1996, he received five President’s Awards for outstanding achievements in exploration and development. During that period, he was the only professional within Amoco to receive five such awards.