BWAB Inc
100 St Paul St , Suite 305, Denver, Colorado, United States

 Our experienced, creative management team is responsible for record-level investments, successful acquisition and proven development.

What We Do?

At BWAB, we are an independent oil and gas company that goes beyond what others are able to do.  Our exploration and production team approaches hydrocarbon recovery with a different mindset: we look for what others haven’t seen or have not been able to fully develop. Our strategy relies on identifying and appraising underperforming oil and gas fields, acquiring them, and then increasing their production of natural gas and crude oil to convert them into fully optimized assets.  How do we accomplish this? By leveraging years of successful experience with the application of state-of-the-art technologies and responsible stewardship. Our aggressive focus on efficiency, cost control and financial success has never meant compromising on safety or environmental requirements.  BWAB’s team has a proven record of successful acquisition and development. We are constantly on the lookout for more opportunities to develop oil and natural gas assets and reveal value where it had previously been hidden. Our geographic target is centered in the Rocky Mountain and Mid-Continent regions of the United States, and our portfolio and capabilities include a wide range of geologic settings.

When it comes to buying and selling oil and gas properties, you want to choose a company with experience, integrity, a careful touch and a proven strategy. The professionals at BWAB deliver those essential elements and more. As a Denver-based, privately held independent oil and gas production company in operation since the 1950s, we have earned a reputation for values-based business operations for sellers and exceptional deliverables for investors and partnerships. Our strategic acquisition process seeks hidden opportunities in both operated and non-operated producing working interests, focusing on operational improvements and cost control as well as improved yield. Our offerings also include overrides, royalties, minerals and non-producing leaseholds purchased from sellers with diverse reasons for exiting the market. Our management team works to provide satisfaction for all parties, whatever the goal, and to do so in a way that combines efficiency with value, competence, and profitability. Our unique collaboration with Secap Partners helps us to create value through structured solutions for banks and borrowers in distressed and opportunistic energy markets. Our success is always best measured by our clients’ satisfaction: it’s a point of pride that almost half of those we work with are return customers. Whether you’re a landowner who is exploring a sale of oil and gas property or an investor looking or an opportunity with real potential, contact BWAB at 303-295-7444 to learn more about our operations and how we can help you negotiate today’s competitive energy investment landscape.

• Strategy - We are dedicated to an intensive identification, research and acquisition process that leads to oil and gas property offerings with unrealized upside potential and low operating risk.
• Philosophy - We are committed to treating both our sellers and our buyers with the utmost in courtesy, ethics and respect, always working to find solutions that provide fair and equitable treatment and accomplish the goals of all stakeholders.
• Experience - Whether you’re buying or selling, BWAB’s team is made up of seasoned professionals whose professionalism, knowledge, integrity and reach provide you with full confidence that you’ve made the right choice.

Steven Roitman

Steven Roitman, Chairman and CEO focuses on the strategic direction of the company, investment policy, financing activities and the identification of attractive assets for acquisition. He entered the energy industry in 1980 working for Petro Lewis. Roitman earned his Bachelor of Finance degree in Business from the University of Denver.

David Roitman

David Roitman, Chief Operating Officer, has been with the company since 1990 when he was hired as a production analyst subsequently holding a number of essential positions. He currently oversees accounting, corporate controls and tax management.  He graduated with his Bachelor of Arts degree in Economics from the University of Colorado.

William Mills

II William Mills, Vice President, Land, negotiates acquisitions, mineral rights and business agreements along with managing rights and/or obligations of BWAB’s investments.  He joined BWAB in 1981 after working for Texaco, Inc.  He earned his Bachelor of Science degree from Kansas University in 1969 and a Juris Doctorate degree from Washburn University in 1973.

Kathleen Cernohous

Kathleen Cernohous, Accounts Payable, joined BWAB in 2013, relocating to Denver from Wichita.  Experienced in organizational and fiscal management, and fully accountable for projects and timelines, she is responsible for revenue accounting, regulatory filings, human resources and employee benefits. She earned her Associate in Business Degree from the American Institute of Business.

Ryan Ball

Ryan Ball, Petroleum Engineer, handles reservoir analysis, reserves determination, valuation analysis and financial modeling.  He joined BWAB in 2016 after working for Chesapeake Energy & Schmidt Engineering. He received his Bachelor of Science in Petroleum Engineering from The University of Kansas.

Helen Sayers

Helen Sayers is BWAB’s Revenue Accountant, in charge of entering oil & gas revenue checks and maintaining virtual document storage.  She made the move to Colorado to join the firm as the accountant in 2000 after a 27-year career working for the private medical practice owned and operated by Steven and David Roitman’s father in Pennsylvania. She attended The University of Pennsylvania.