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Change Agent: Ganesh Sakshi, Mountain V Oil & Gas 

We’re talking to leaders about significant changes in the industry and their organizations – progress regarding product, process, technology, or culture. We’re curious about the how and the why. And we’re asking about what changes are next. 

We asked Ganesh Sakshi, CFO of Mountain V Oil & Gas, a privately owned independent energy company, regarding advice provided to the upcoming future leaders in the sector, essential elements for significant progress within the company and industry, and the most recent organizational achievement that brings him the highest level of satisfaction. 

A Triumph to Celebrate: What recent organizational accomplishment brings you the most satisfaction? What specific challenges did it overcome, and what key factors led to its success?  

One of the most satisfying recent accomplishments for our organization has been the successful acquisition and integration of a non-core asset from an Australian publicly traded company. This achievement not only diversified our geographic footprint and commodity mix but also brought together a new workforce seamlessly into our operations. 

The challenge was multifaceted ranging from cultural integration across different geographies to ensuring continuity and productivity during the transition. Additionally, we had to navigate the complexities of integrating operations while maintaining focus on our core business activities. 

Key factors that led to our success included a strong strategic vision, clear communication, and robust change management processes. We placed a significant emphasis on aligning the newly integrated workforce with our company culture and values, which helped mitigate disruptions and foster a cohesive environment. Additionally, our ability to quickly adapt to the operational and market dynamics of the acquired asset played a crucial role in realizing its full potential within a short period of time. 

Overall, the acquisition has strengthened our position in the market and provided new growth avenues, which is immensely rewarding. 

The Road Ahead: Looking forward, what critical changes do you foresee for the industry in the coming years? What advancements do you hope for?  

As a private oil and gas operator in the Appalachian Basin, operating in West Virginia and Kentucky, we anticipate several critical changes in the industry over the coming years: Increased focus on sustainability and ESG practices, technological advancements and automation, shifts in energy demand and diversification, regulatory changes and workforce evolution. 

In terms of advancements, we hope for more breakthroughs in digital oilfield technologies, such as real-time data analytics, predictive maintenance, and improved automation across all aspects of the operation. Additionally, advancements in environmentally friendly extraction and production methods will be critical for aligning with global sustainability goals while maintaining profitability. 

Guiding the Next Generation: As we acknowledge the industry’s rising stars, what guidance can you offer them to become catalysts for positive change?  

For rising stars in the oil and gas industry, here’s some guidance to help them become catalysts for positive change: embrace innovation, prioritize sustainability, lead with integrity, focus on continuous learning, collaborate and build networks, be an advocate for safety, think long-term and mentor and inspire others 

Pictured: Ganesh Sakshi, CFO, Mountain V Oil & Gas 

Click here to see the full Change Agents: Leaders Driving Progress series 

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Inside The Story

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.