Mr. Parks is Managing Director of Oil Field Services at OFSCap. He also serves as an advisor to StormHarbour Securities in all energy related restructuring transactions. Prior to that he was Managing Director at Global Hunter Securities. Previously, Allen founded Parks Paton Hoepfl & Brown (PPHB) in 2003 to provide financial advisory expertise to the oilfield services sector. Before founding PPHB, he led the oil field services investment banking efforts at CIBC World Markets and Dain Rauscher Wessels (now RBC).
Before that, Mr. Parks spent 18 years with Dual Drilling Company starting out as a roughneck and rising through the positions of drilling engineer, operations manager and finally Executive Vice President and Chief Financial Officer. Mr. Parks has participated in a variety of transactions with a number of public and private oilfield services companies.
Mr. Parks earned both a Bachelor of Science degree in Chemical Engineering and a MBA degree from The University of Texas and attended the Advanced Management Program at Harvard. Mr. Parks is past treasurer and board member of the National Ocean Industries Association for 10 years and is a member of the Society of Petroleum Engineers.