Craig_Friou

Craig Friou CPA

Chief Compliance Officer and Deputy CFO, EnCap Investments

Craig is responsible for all areas of compliance at EnCap including SEC compliance. Additionally, Craig is involved in all back-office functions including financial reporting, treasury, HR and administration. Craig leads ESG efforts at EnCap and provides support to EnCap's portfolio companies on ESG.

Prior to joining EnCap in August 2019, Craig spent 23 years in client service at PwC in Houston, Aberdeen (UK) and Dallas. His clients primarily included public and private-equity backed independent E&P and oilfield services companies. He was in the audit practice for 21 years before joining Transaction Services where he helped private companies go public and worked with public companies' registration statements required for capital raising, M&A and asset acquisitions.

Craig is widely regarded as a subject matter expert in the oil and gas industry. He was a key contributor to the development of the Petroleum Accounting 7th Edition textbook and to the U.S. PwC Survey of U.S. Petroleum Accounting Practices. Craig is also a founding member of the Planning Committee for the AICPA/PDI National Oil and Gas Conference.

Outside of work, Craig is a dedicated volunteer and avid supporter of local organizations. He is a community service volunteer and board member of the Rotary Club of West U and Youth Development Center (YDC). He has also been a fundraiser for the Rotary Lombardi Award, supporting the fight against cancer.


Appearances