In this episode RJ Burr, a third-generation American oil producer and Senior VP of Corporate Operations at Panex, shares his journey from being introduced to the oil field at a young age to leading a successful oil company. They discuss the dynamics of the oil industry, the impact of market fluctuations, and the importance of oil in global economics. RJ emphasizes the importance of having an abundance mindset, the strategic decisions behind oil production, and the value of building strong partnerships. He also touches on the generational aspect of his business and his vision for Panex's future growth.   Episode Highlights: 09:10 The Impact of the 2020 Oil Market Crash 13:09 The Future of Oil and Alternative Energies 23:38 The Stability of Oil Investments 28:16 The Vision for Company Growth 35:01 Connecting with Investors 40:54 The Three Factors of Business Success   RJ Burr, 49, is a third generation producer of American oil. Born into the industry, Mr. Burr was on his first location before he could walk and has been fascinated by the production of oil his entire life. Within 3 months of graduating high school, Mr. Burr funded his first partnership and never looked back. RJ is the CEO/President at Panex. With a main focus on the Gulf Coast, Mr. Burr’s companies have raised and deployed over $300 million in upstream development and have partnered with some of the largest oil and gas companies, namely Shell, BP, and Marathon, to develop several million barrels in reserves.   How to connect with RJ: Website: panex.us/learn Linkedin: https://www.linkedin.com/in/rj-burr-06a609162   For more insights: Follow me on my YouTube Channel: https://bit.ly/47GgMdn  Sign up for my Weekly Newsletter:  https://bit.ly/3T09kVc Sign up for my LinkedIn Newsletter: https://bit.ly/49SmRV3See omnystudio.com/listener for privacy information.