#281: Rhett Bennett on Building Black Mountain, Scaling Fast and Finding Opportunity in Energy
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#281: Rhett Bennett on Building Black Mountain, Scaling Fast and Finding Opportunity in Energy
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Jay Young revisits his conversation with Rhett Bennett, Founder and CEO of Black Mountain, recorded at the 2024 NAPE Expo.
Rhett shares how growing up in a Kentucky coal mining family shaped his path into the energy business and how he went on to build Black Mountain into a diversified energy company with operations spanning exploration and production, frac sand, midstream, saltwater disposal and battery metals.
Jay and Rhett discuss the strategy behind identifying opportunities early, scaling businesses quickly and adapting as the energy industry changes. Rhett also breaks down the growth of Black Mountain’s frac sand business and how innovation in horizontal drilling and hydraulic fracturing helped transform U.S. oil and gas production.
They also look at the remarkable growth of the Permian Basin, the technology that made that growth possible and the broader role of American energy production in the global economy, geopolitics and energy security.
It’s a conversation about entrepreneurship, deal-making, innovation and creating value in one of the world’s most dynamic industries.
About Rhett Bennett:
Rhett Bennett is the Founder and CEO of Black Mountain, which he established in 2007. Black Mountain has grown to include businesses across exploration and production, in-basin frac sand mining, midstream, commercial saltwater disposal and battery metals.
Rhett has been active across numerous energy industry organizations and has received several honors throughout his career, including Oil & Gas Investor’s Forty Under 40, EY Entrepreneur of the Year in Energy Services and D CEO Magazine’s Oilfield Services CEO of the Year.
He earned a Bachelor of Science in Business Management from the University of Georgia and later completed the Energy Executive Management Program at the University of Oklahoma’s Michael F. Price College of Business.
The Jay Young Show is sponsored by King Operating Corporation.
To learn more about direct oil and gas investing and the potential tax benefits associated with these investments, visit kingoperating.com.
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