Gary L. Stone

Gary L. Stone, P.E., is a veteran petroleum engineer and energy industry executive with nearly five decades of technical, operational, and strategic experience across the oil and gas sector. Over the course of his career, he has built a reputation for identifying and evaluating high-value energy assets, leading acquisitions and divestitures, optimizing reservoir performance, and managing complex joint-interest partnerships. Drawing on this extensive experience, he now works independently, providing engineering evaluations of oil and gas properties and advising clients on acquisitions, divestitures, and asset development strategies.

From 1997 to 2026, Gary served with Five States Energy Company, where he retired as Executive Vice President of Engineering. In this role, he led the technical evaluation and management of the company’s legacy reserve assets and directed the engineering analysis of prospective acquisitions for the firm’s energy investment funds. His work supported disciplined capital deployment and long-term value creation across the company’s portfolio.

Earlier in his career, Gary held acquisitions and development positions with AMR Energy and Snyder Oil Company, where he focused on property evaluation, reservoir development planning, production optimization, and transaction support. His professional background also includes technical engineering software development and sales with AEA Boffin International and PI/Dwights, reservoir engineering consulting, and experience in energy banking, providing him with a broad perspective on both the technical and financial dimensions of the energy business.

Gary earned his Bachelor of Science degree in Petroleum Engineering from Texas Tech University and is a proud member of the Texas Tech Petroleum Engineering Academy. He served as President of the Texas Energy Council from 2015 to 2016 and has served four terms on the Board of Directors of the Texas Alliance of Energy Producers. He is also a policy advisor specializing in energy issues for the Heartland Institute and past Chairman of the Dutch Treat Wildcatters, a long-standing industry luncheon organization.

He is a member of the Society of Petroleum Engineers and a Registered Professional Engineer in the State of Texas.