THE KENOSIS STORY
Built From Louisiana Experience.
Created for What Comes Next.
Kenosis Operating Company was formed around a clear opportunity: acquire established oil and gas fields with meaningful remaining potential and bring together the people, resources, and operating discipline required to restore their value.
Founded through the combined strengths of the Blake, Moncla, and Kroh organizations, Kenosis unites generations of Gulf Coast oil and gas experience, extensive Louisiana relationships, field-level execution, and institutional capital formation.
The result is a Louisiana-rooted oil and gas company built not only to acquire assets, but to operate them for the long term.
A Shared Vision for South Louisiana
Kenosis Operating Company was formed by Mike and Beau Blake, Matt Moncla, Brett Kroh, and Tony Gossett around a shared opportunity in South Louisiana.
The region contained established fields with existing infrastructure, known production histories, and significant remaining potential. Many had suffered from limited capital investment or fragmented operating attention.
The opportunity was not simply to acquire wells. It was to combine ownership with the local knowledge, field resources, capital, and operating control needed to bring mature assets back into productive service.
That shared vision became the foundation of Kenosis Operating Company.
Three Organizations. One Operating Company.
Together, the three groups created a company with the relationships to find opportunities, the experience to evaluate them, the resources to execute in the field, and the financial capabilities to support continued growth.
The Blake organization brought generations of Gulf Coast operating experience and access to an extensive group of affiliated oilfield, marine, fabrication, and environmental service companies.
Through that network, Kenosis benefits from practical field knowledge, specialized equipment, experienced crews, marine access, fabrication facilities, and infrastructure developed through decades of work along the Gulf Coast.
The Blake Legacy
Matt Moncla and the Moncla organization brought deep South Louisiana roots, established field relationships, and extensive drilling and workover experience.
Moncla also helped identify and facilitate the opportunity that became Kenosis’ first major Louisiana acquisition. His longstanding involvement in Louisiana oil and gas, including prior service on the State Mineral and Energy Board, provides Kenosis with valuable insight into the state’s operating and regulatory environment.
The Moncla Connection
Kroh Exploration brought capital formation, transaction experience, and an established history of acquiring and improving oil and gas assets.
After a separate Bakken opportunity was acquired by another buyer, Moncla introduced the Kroh team to the former Extex assets and the potential partnership with Kenosis. Kroh subsequently brought a substantial capital commitment that helped advance the acquisition and formalize the company’s joint-venture structure.
The Kroh Partnership
The Acquisition That Established Kenosis
In September 2025, Kenosis acquired the former Extex inland-water assets in South Louisiana.
The acquisition included 418 shut-in wells across approximately 16,000 acres. It gave the newly formed company an immediate and substantial operating position in one of America’s historic oil and gas regions.
Kenosis began a systematic field evaluation and reactivation program, restoring infrastructure, prioritizing individual wells, and returning qualified assets to production.
More importantly, the acquisition demonstrated the company’s central strategy in action: identify overlooked assets, establish operational control, deploy capital selectively, and rebuild production through disciplined execution.
Louisiana at a Defining Moment
Kenosis was established as Louisiana entered a renewed period of support for oil and gas investment, production, and redevelopment.
Long before becoming governor, Jeff Landry drew national attention with a direct message: “Drilling = Jobs.” Today, that same pro-oil and gas position is reflected in a state agenda focused on strengthening production economics, encouraging investment, and supporting the industry’s role in Louisiana’s economy.
Under Governor Landry, Louisiana has advanced tax, royalty, regulatory, and legal reforms intended to improve the operating environment for oil and gas companies. Kenosis was formed during this shift, with leadership closely connected to the people, service capacity, and industry relationships helping shape the state’s next period of growth.
Matt Moncla, a Kenosis co-founder and former member of Louisiana’s State Mineral and Energy Board, has remained directly engaged in that environment. The Moncla Workover & Drilling facility in Lafayette hosted Governor Landry’s signing event for a major package of oil and gas reforms intended to encourage upstream investment and production.
Kenosis is not defined by political relationships. Its position comes from operating experience, field capability, and execution. But its Louisiana roots provide a clear understanding of the state, its industry, and the direction of its energy policy.
Then-Congressman Jeff Landry during President Obama’s 2011 jobs address. The message that brought national attention to his pro-oil and gas position now reflects the governing direction of Louisiana’s energy policy.
Governor Jeff Landry with Kenosis co-founder Matt Moncla at the Moncla Workover & Drilling facility in Lafayette, Louisiana, where the governor signed a package of oil and gas reforms aimed at encouraging upstream investment and production growth.
The Story Continues
The Extex acquisition established Kenosis in South Louisiana and marked the beginning of a much larger company vision.
What started with one opportunity has become a growing oil and gas company shaped by strong relationships, experienced leadership, and a deep understanding of the region.