Frio Resources is a privately held oil and gas company focused on responsibly unlocking Appalachia’s energy prosperity by collaborating with the basin’s mineral interest community and premier, proven operators.
- About Us
Driving Responsible Development Across the Appalachian Basin
Our Vision
To be a trusted, empowering partner to mineral interest owners and operators alike
by leveraging our team’s experience and ingenuity to responsibly drive economic
growth across Appalachia’s most productive regions.
Our Mission
To acquire and manage high-quality energy assets, foster enduring relationships
with mineral interest owners built on transparency and mutual respect, and collaborate with proven, efficient operating partners who share our unwavering commitment to the community, resource management, and environmental stewardship.
- What We Do
Focused on High-Quality Upstream Development
Employ our team’s proven technical expertise and business acumen to evaluate, develop, and manage oil & gas assets with a long-term value creation lens – Every opportunity undergoes rigorous geological, engineering, and economic analyses ensuring disciplined growth and optimized execution.
Leasehold
Acquisition
Acquiring leasehold, mineral, royalty, and working interests directly from owners
with trust, transparency and respect generating mutually beneficial outcomes.
Working
Interest
Strategic participation partnerships in upstream developments creating operational
flexibility, managed by trusted regional operators.
Mineral Owner Engagement
- Leadership
Guided by Integrity and Long-Term Vision
Max Roeder
Co-Founder
Max serves as Co-Chief Executive Officer and Co-Founder of Frio Resources II, LLC. Prior to forming Frio Resources II, Max co-founded Frio Resources, where he led all aspects of the company’s operations and asset management across its Texas and Louisiana Gulf Coast portfolio. Previously, he held multiple leadership roles at Callon Petroleum, directing A&D engineering during a period of rapid Permian Basin growth and later leading asset development efforts focused on optimizing Callon’s Howard County leasehold. Max began his career as a reservoir and production engineer on the Gulf of Mexico shelf with Energy XXI, where he gained foundational experience that shaped his technical and leadership approach in the industry.
Max is a graduate of Texas A&M University, holding a B.S. in Petroleum Engineering, and resides in Houston, Texas with his wife and three children
Grant Pribilski
Co-Founder
Grant Pribilski is Co-Chief Executive Officer, Co-Founder and Board Member of Frio Resources II, LLC. Previously, Grant was a founding principal of Talos Low Carbon Solutions (TLCS) leading its corporate, commercial, and operations teams for its carbon sequestration initiative resulting in a successful exit to a global energy company. Prior to establishing TLCS, Grant leveraged his strong engineering and business acumen across roles in Corporate-Business Development and Asset Management leading interdisciplinary teams to unlock value in both conventional and unconventional basins. Grant began his career with Marathon Oil Company as a drilling and completions engineer in North Dakota working its Bakken asset gaining foundational field experience.
Grant is a graduate of Texas A&M University with a BS in Petroleum Engineering and holds a MBA from the McCombs School of Business, University of Texas at Austin. He resides in The Woodlands, Texas with his wife and two daughters.
- FAQs
Your Energy Questions Solved
Got questions? We’ve compiled key information to help you understand our work better.
Where are your operations?
Our primary focus is the resource rich Utica and Marcellus formations within the Appalachian Basin. In addition, Frio maintains its legacy Gulf Coast operations as well.
Who drills the wells?
In the Appalachian Basin, Frio participates as working interest owner alongside proven operators who handle drilling, completions, and production operations. While Frio brings significant operational expertise, we currently focus on non-operated interests but may consider operating in Appalachia in the future.
What differentiates Frio from other companies?
Frio Resources prioritizes transparency, straightforward communication, and fostering long-term relationships built on trust with mineral/interest owners. We believe in honest conversations, fair terms, and mutually beneficial outcomes.
How does the leasing process work?
We discuss your goals, review your acreage, interest, or minerals and present clear, fair lease terms. If you choose to move forward, you will receive upfront compensation via a bonus payment and royalties from future production.
What are royalties and how are they paid?
Royalties are a percentage of the revenue generated from oil and gas produced from your land. You receive payments directly from the operator once well(s) commence production.
How does Frio Resources participate in development?
When an operator drills a well that includes our leasehold acreage, we participate as a minority working-interest owner. We pay our proportionate share of drilling and completion costs, and in return receive our proportionate share of the well’s production revenue alongside the operator.
Do I Have to sell my minerals to work with you?
No. You can lease your minerals, sell them, or do a combination. We review your
options and help you understand what’s best to achieve your goals.
- Contact Us
- 950 Echo Ln Ste. 355, Houston, TX 77024, US
- (713) 973-9895
- lease@frioresources.com
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Contact Us
- 950 Echo Ln Ste. 355, Houston, TX 77024, US
- (713) 973-9895