Directors and Management

Board of Directors

 James Perry (“J.P.”) Bryan, Jr., Chairman of Resaca & Chief Executive Officer of Resaca
Mr. Bryan is the Chief Executive Officer of Torch Energy Advisors Incorporated. During his 40-year career in the energy industry, Mr. Bryan has served as president, chief executive officer and chairman of the board of various independent exploration and production companies, including Bellwether Exploration Company, Nuevo Energy Company and Gulf Canada Resources Limited. He was also chairman of the board and chief executive officer of Torch and its predecessor company. He is a former member of the board of directors of AutoNation, Inc., a seller of new and used automobiles. Mr. Bryan earned a bachelor's degree in business and a law degree from the University of Texas. He also received a degree in international business from the American Institute of Foreign Trade (Thunderbird).

John J. (“Jay”) Lendrum III, Vice Chairman of Resaca
Mr. Lendrum became Chief Executive Officer of Resaca in August 2007. He re-joined Torch as its President and Chief Operating Officer in 2005 having previously worked at Torch from 1986 to 1993. He was founder and President of Rockport Resources Capital Corporation, a firm that specialized in providing capital to the energy industry and has been a principal in a private mid stream gas company. Mr. Lendrum previously served as Executive Vice President and Chief Financial Officer of Torch and was involved in the management of Nuevo Energy Company, Bellwether Exploration Company, and Energy Assets International Corporation. He was also Executive Vice President and Chief Financial Officer of a private oil & gas exploration company for four years and worked with KPMG Peat Marwick for seven years. Mr. Lendrum graduated from the University of Texas in 1973 with an undergraduate degree in Finance and completed his graduate studies in Accounting Theory. He is also on the Board of Directors of BPZ Energy, a company with oil and gas activities in South America.


The following Torch employees are also co-employed by Resaca and will serve as part of the key management team of Resaca in the following capacities:

Phillip R. Smith, Chief Financial Officer
Phillip joined Torch in the fall of 2012 and was named president and CEO effective January 2013.  He brings over 36 years of business experience to the organization.  Prior to Torch Phillip was a senior partner with the international firm of KPMG where he held global audit and engagement responsibilities for large and complex multinational organizations such as Halliburton Company.  Throughout his career he has dealt with complex issues and activities such as reorganizations, strategic planning, mergers and acquisitions, capital formation, as well as complex tax, accounting, regulatory and reporting issues. He has effectively managed engagement teams and personnel across multiple countries.  He is a C.P.A. and a graduate of Baylor University where he obtained both a BA and MBA.