Trusted & Transparent.

Our Team

  • Charlie Shufeldt

    PRESIDENT

    Charlie Shufeldt is the President of Elk Range Royalties. Charlie and Clint formed the company in early 2020 to fill a need they saw in the market for producing minerals and royalties. Prior to forming Elk Range, Charlie was a co-founder and Managing Director of IOG Capital, LP and President of IOG Resources, LLC. During his time with IOG, the company was a pioneer in structuring DrillCo transactions, deploying over $800mm in capital across more than 500 wells since 2015.

    Charlie began his career with Bank of America in California before moving to Texas with HBK Capital Management. He is a Chartered Financial Analyst (CFA) and holds a bachelor’s degree from Stanford University where he studied Economics and Computer Science. Charlie has remained involved with his alma mater and currently serves as Chairman of the Stanford Doerr School of Sustainability’s Petroleum Investments Committee (PIC).

    Charlie lives in Dallas with his wife and three daughters. When he's not busy working on oil and gas deals, he enjoys spending time in the mountains with his family.

  • Clinton Koerth

    VICE PRESIDENT

    Clint Koerth is the Vice President of Elk Range Royalties. Most recently, Clint was the founder and CEO of Castell Oil Company, a Natural Gas Partners portfolio company focused on the SCOOP play in southern Oklahoma.

    Clint began his career as an independent petroleum landman, working with Snyder Oil Corporation, Carla Petroleum and Finley Resources. Acting as Vice President of Land and Business Development, Clint was then part of CH4 Energy, LLC's founding team, a Natural Gas Partners portfolio company focused on the Powder River Basin of Wyoming, which was later sold to Bill Barrett Corporation. He then returned to Finley Resources as a partner and Vice President of Acquisitions and Land.

    Clint holds a bachelor’s degree from the University of Oklahoma where he studied Petroleum Land Management and was a member of the men's golf team. He then received an MBA from the University of Texas at Dallas. Clint has been on the steering committee of ADAM Energy Fort Worth during the formation of the organization, is a member of Fort Worth Wildcatters, and several regional ADAM groups.

    Clint grew up in central Texas and Alaska, though now he lives in Fort Worth with his wife and two children. He enjoys mountain biking, fly-fishing, and spending time with his family in Wyoming and New Mexico.

  • Jeff Stewart

    VICE PRESIDENT OF ENGINEERING

    Jeff Stewart is the Vice President of Engineering of Elk Range Royalties. Prior to Elk Range, Jeff was Vice President in Citi’s A&D group, where he advised on $20 billion in executed transactions. Jeff’s work focused on valuation and technical advisory to Citi’s clients across A&D, M&A, and capital raises.

    Jeff began his career with Schlumberger in Argentina in operations. He then moved to graduate school at UT Austin, where he pursued a masters degree in Petroleum Engineering, focusing on multiphase flow research and modelling. Jeff then joined BHP, first in their Trinidad and Tobago asset and later in their Permian and Eagle Ford groups, where he worked in a variety of functions including A&D. Jeff is a registered Professional Engineer in the state of Texas.

    Jeff currently lives in Dallas with his wife Hena and 12 year old puggle Buddy. Jeff enjoys travelling with his family, downhill skiing, and learning new languages.

  • Ashleigh Bell

    VICE PRESIDENT OF FINANCE & ACCOUNTING

    Ashleigh Bell is the Vice President of Finance and Accounting at Elk Range Royalties. Prior to Elk Range, Ashleigh was a Senior Associate in Riveron’s Financial Advisory Services practice. Ashleigh’s work focused on mergers and acquisitions, divestitures, implementation of new accounting standards, and advising on a myriad of technical accounting issues.

    Ashleigh began her career in Houston with PwC as a financial statement auditor focusing on oilfield services clients in the firm’s core assurance practice. She is a Certified Public Accountant (CPA) and holds a bachelor’s and a master’s degree from the University of Virginia in Commerce and Accounting respectively.

    Ashleigh lives in Dallas with her husband, Sean, and their golden retriever, Odie. In her spare time, Ashleigh enjoys hiking, skiing, volunteering with the Junior League of Dallas, and baking desserts for her friends and family.