A BUSINESS DEVELOPMENT COMPANY
Robert “Bobby” Hodges, Managing Partner- Mr. Hodges has over thirty years’ experience in financial backing and venture capital for planning, conceptual experience of progressing responsibilities in Banking, Finance and Real Estate with emphasis on partnering with private sector entities seeking design, contracting and delivering large scale projects and developments.
Mr. Hodges has been in the Banking and Broker industry since 1967 after attending Temple University with a major in Psychology. His career began with First Federal Savings and Loan Association located in Florida where he was a Member of the Board of Directors and Executive Vice President. In 1987, Mr. Hodges joined Bay Bank and Trust Company as their Vice President and Commercial Loan Officer producing general commercial loans for the bank. He also served as an assistant to the Chairman of Bay Savings Bank.
In 1990, Mr. Hodges started working with First Diversified Financial Services, Inc., as a Professional Consultant and Executive Vice-President. He assisted in the expansion, organization and structure of FDFS to become a fully integrated financial services company.
Mr. Hodges organized LBR as Operating Company and was instrumental in assisting in previous financings, and has earned a significant ownership position.
Forest Hamilton, Chief Operating Officer and General Counsel - Forest is currently a practicing attorney and serves as the Chief Operating Officer and General Counsel for Left Behind Recovery, LLC.
Until its sale to Kinetic Advisors, Forest owned and operated Black Fossil Securities, LLC, and a FINRA Member Securities Broker Dealer Firm.
Forest practiced complex commercial litigation in Florida for eight years, representing clients such as Host Marriott, Kellogg School of Business and Toyota.
Since moving to Nashville in 2005 he has provided legal advice to clients seeking funding through the use of equity and/or debt in their businesses and complex commercial litigation.
This advice has included the selection of business type, assistance in drafting and editing their business plans and offering material, reviewing proposed term sheets, and due diligence.
Forest has also represented clients seeking to define their business practices in compliance with both State and Federal Securities laws.
Beginning in August 2006, Forest began the work of forming and raising money for a private equity fund focused on the energy sector. Forest’s experience with an issuer reflects directly on his knowledge of the private placement securities business. As a founder and president of the holding company and fund, Forest was directly involved in drafting the offering material, meeting with potential investors, and overseeing compliance with applicable regulations.
Forest is a member of the Florida, Tennessee, and Texas Bars; in addition, he is a member of the Private Equity and Venture Capital committee of the American Bar Association.
Forest also holds a Series 77, General Securities Representative, Series 24, General Securities Principal, and Series 63, Uniform Securities Agent State Law.
Glenn Andrews– Mr. Andrews’ career in the oil industry began upon graduation from the University of Tulsa in 1977. He was in charge of all domestic crude trading, marketing and supply for Koch Oil Company, a privately held firm that would have ranked in the Fortune 50 in terms of size and profit.
As co-founder of Petro Source, Inc. during the 80’s, the firm grew to more than $30MM in assets, including gathering systems, trucks, a refinery and storage blending facilities. Petro Source was sold to Transco Energy in 1986 and Mr. Andrews served as General Manager of Crude Supply and Marketing for this Fortune 50 firm until 1988.
A subsidiary of Elleron Chemicals was founded by Mr. Andrews in 1988, growing to a national leader in domestic crude oil supply and transportation. This firm was sold to Plains Resources in 1992.
Mr. Andrews formed privately held Alton Petroleum in 1993, and subsequently formed Gotcher Energy Ventures, LLC, a firm that deals in overriding royalties and fee income from oil and gas transactions.
Left Behind Recovery, LLC was co-founded by Andrews.
Mr. Andrews has extensive knowledge of Texas gulf coast oil field, especially in the Austin Chalk formation. In 1979 Koch Oil Company built a 500 mile pipeline gathering system in and around the Giddings field; the field was producing more than 170,000B/D by 1983 and this ultimately led to the purchase of the Corpus Christi refinery operated by Sun Oil, a 325,000 B/D plant, which was supplied in large part by the high quality sweet crude from Giddings.
Fields such as Luling Branyan, in which LBR is active, are Austin Chalk fields with similar characteristics to fields such as Giddings and the giant Pearsall field to the west.
Mr. Andrews has recently raised substantial investor capital for horizontal drilling in Pearsall, owning working interest in several wells in this field that was the site of the very first horizontal drilling application in the 90’s.
There are risks associated with investing in oil and gas ventures. The above information is for general purposes only and is not a solicitation to buy or an offer to sell any securities. General information on this site is not intended to be used as individual investment or tax advice. Consult your personal tax advisor concerning the current tax laws and their applicability and effect on your personal tax situation.