Tim Dunn is Chief Executive Officer of CrownQuest Operating, located in Midland, Texas. CrownQuest is an operating entity for oil and gas exploration and production ventures. CrownQuest operates in Texas, New Mexico, and Utah. Dunn co-founded predecessors to CrownQuest in 1996.
Tim was honored as a CEO of the year in the Large Company category in October 2013 by TIPRO and Texas Monthly magazine in their Top Producers program. The award was published in the October 2013 issue of Texas Monthly.
This Oil and Gas Investor Magazine includes information about CrownQuest:
Parker & Parsley Petroleum
From 1987 to 1995, Dunn was an executive with Parker & Parsley Petroleum in Midland, where he served in various capacities including as a director, an individual general partner of a publicly traded master limited partnership, and as chief financial officer. Parker & Parsley became a publicly traded stock company and was listed on the New York Stock Exchange in 1993.
When Dunn joined Parker & Parsley it was a wholly owned affiliate of a larger company that eventually went in to bankruptcy. Dunn joined a management group in a series of transactions that resulted in Parker & Parsley being spared from the bankruptcy proceedings.
Parker & Parsley grew rapidly largely through acquisitions of troubled investment partnerships and low risk development drilling of oil and gas wells. Roughly a year after Dunn’s departure, Parker & Parsley merged with Mesa Petroleum to form Pioneer Natural Resources. It now headquarters in Dallas.
Dunn participated in a large number of securities transactions, with predictable related plaintiff lawsuits, all of which were settled. It was during this period Dunn was introduced to the plaintiff lawsuit industry, and through this exposure became an avid supporter of tort reform.
First City Bancorporation
From 1980 to 1987 Dunn worked for affiliates of First City Bancorporation, a Houston based bank holding company, ending his career as head of commercial lending at First City Bank of Midland.
Exxon Production Research Company
From 1978 to 1980 Dunn worked as an engineer with Exxon Production Research Company.
Texas Tech University
Dunn graduated in 1978 with a degree in Chemical Engineering from Texas Tech University. He also graduated from Big Spring High School in 1974.