Casey Jobe is the co-founder and Managing Member of United Production Company, LLC, Pinnacle Exploration, Inc., and United Capital Partners, LLC—technology- and data-driven oil and natural gas companies specializing in the strategic acquisition of operated, non-operated, mineral, and royalty assets.
United Production Company Announces Hedging Agreement with BP Energy Company
BP Energy Company to serve as direct counterparty for UPC’s oil and gas hedging strategy
United Production Company (“UPC”) today announced a new commodity hedging agreement with BP Energy Company, with BP serving as the direct counterparty. The agreement enhances UPC’s ability to manage price risk and strengthen revenue stability in today’s volatile energy markets.
Under the terms of the agreement, UPC will gain direct access to BP’s energy trading desk, enabling flexible and strategic hedging of crude oil and natural gas production. By aligning with one of the industry’s global leaders, UPC expects to bolster its financial resilience, support long-term capital planning, and secure consistent cash flow to sustain operational growth.
Statement from Casey Jobe, Managing Partner of United Production Company
Casey Jobe
“Entering into this direct counterparty relationship with BP Energy Company represents a significant milestone for UPC. In today’s commodity environment, protecting cash flow and maintaining predictable revenue streams is critical. This agreement allows us to be more proactive in managing our price exposure, seize favorable market opportunities, and ensure our partners and employees can rely on a stable financial foundation. BP’s expertise and market reach align perfectly with our strategic vision, and we’re excited about the value this relationship will deliver in the years ahead.”
Leadership Profile: Casey N. Jobe
Casey N. Jobe is the co-founder and Managing Member of United Production Company, LLC, Pinnacle Exploration, Inc., and United Capital Partners, LLC—technology- and data-driven oil and natural gas enterprises specializing in the strategic acquisition of operated, non-operated, mineral, and royalty assets. Under his leadership, United has established itself as an aggressive player in the Anadarko Basin, securing premier positions in some of the region’s most prolific and highest-return plays, including the STACK, SCOOP, Cherokee, and Merge.
Before founding these ventures, Jobe built a distinguished career across both public and private oil and gas companies, holding executive and management roles in finance, accounting, engineering, acquisitions and divestitures, and land. He was a key member of American Energy Partners, founded by Aubrey McClendon, where the team raised over $14 billion in just two years to launch a portfolio of exploration, production, minerals, and royalty ventures—many of which went on to become stand-alone companies.
In addition to his corporate achievements, Jobe is a 22-year U.S. Army veteran. Beginning his service at age 19 as a private, he retired as a Major in the Engineer branch. His military career included deployments and mobilizations in the United States, Europe, and the Middle East. As a disabled veteran, Jobe brings the perseverance, discipline, and strategic leadership honed through military service into every aspect of his business and community endeavors.
Jobe holds a Bachelor’s degree from the University of Oklahoma, along with an MBA from OU, a Master’s in Energy Legal Studies from Oklahoma City University, and a graduate credential in Business Analytics from Harvard. A lifelong Oklahoman, he resides in Edmond with his wife and high school sweetheart, Molly. Married for more than 18 years, they are the proud parents of three children—Bennett, Fletcher, and Lyla. Beyond business, he is an avid outdoorsman, devoted family man, and active member of his community.
A Strategic Step Forward
This hedging agreement reflects UPC’s commitment to disciplined financial management, responsible asset stewardship, and strategic growth. With the ability to actively mitigate market risk, UPC is positioned to continue executing on its mission of building long-term value for its stakeholders.
About United Production Company
United Production Company is a privately held oil and gas company focused on the acquisition, development, and operation of energy assets across multiple basins. With a blend of operated and non-operated positions, UPC specializes in maximizing asset value through strategic development planning, disciplined capital allocation, and robust risk management practices.
