About Hathaway

chad-hathaway

The Company was founded in 2001 by Chad Hathaway with four things; an entrepreneurial spirit, a $5,000 loan, 8 orphaned wells acquired from the California Department of Oil and Gas (DOGGR), and the operating experience Chad Hathaway gained from working in the oil business, beginning at the age of 7, on family leases. With these attributes, the Company grew from a few barrels per day of production to over 600 barrels of oil per day. Click here for Operations.

In 2006 Chad Hathaway formed Payzone Directional Services, Inc., a directional drilling company with multi-state operations. In 2014, he sold his majority interest in the Company to an Employee Stock Ownership Plan (ESOP) in order to focus on growing Hathaway LLC. Chad still maintains a small ownership position and serves as a Board member and Chairman of Payzone.

With the in-depth knowledge base, prior success, an excellent portfolio of developed and dramatically underdeveloped properties, an outstanding operational team, and the desire to continue to expand, Hathaway LLC is poised for long-term growth.