Grey Rock Energy Partners is a Dallas-based private equity firm that invests directly in nonoperating working interests in oil and gas assets in multiple basins throughout the United States. Grey Rock can raise funds directly from limited partners and offers a low-cost entry into the energy sector.
Eric Holley, Grey Rock vice president of accounting and finance, said the firm had used two previous accounting firms for audit and tax. There were inefficiencies with that hybrid approach, he said.
However, that changed when Grey Rock began working with BKD. Holley appreciated BKD’s expertise in the oil and gas industry and brought efficiencies to tax and audit. BKD offers the type of support and expertise that an international firm would provide, he said.
The vice president also was impressed with BKD’s responsiveness, receiving timely responses even during busy tax season.