At RIM Operating, Inc., we are a private family run company with a focus on conventional Oil & Gas assets, primarily in the central United States.
Our team of experienced professionals are experts in navigating complex deals and negotiations to ensure our clients receive the best possible outcomes for their investments. Whether you are looking to sell your mineral rights or lease out your working interests, we have the knowledge and expertise to help you achieve your goals.
Stephen W. Rector is a seasoned professional in the oil and gas industry with a career spanning over four decades. He co-founded RIM Operating, Inc. in 1991 and serves as its president. Under his leadership, RIM Operating has acquired and managed oil and gas properties across several states, including Montana, Wyoming, Utah, Arizona, Colorado, and Texas.
Before establishing RIM Operating, Rector held significant positions in the industry. He began his career at Shell Oil and later joined Petro-Lewis in 1981 as an engineering manager, eventually becoming vice president of its Gulf Coast region. Following the collapse of oil prices in 1986, he founded S&S Energy, a regional company that remains operational today.
Rector is also recognized for his philanthropic efforts. He has made a significant gift to endow scholarships for petroleum engineering and geological engineering students at Missouri University of Science and Technology (Missouri S&T), his alma mater. This contribution reflects his gratitude for the scholarships he received during his education, which he credits for launching his successful career.
Throughout his career, Rector has navigated the cyclical nature of the oil and gas industry, led multiple companies and maintaining a resilient presence in the sector.
Rene Morin is an experienced expert in the oil and gas industry, serving as Vice President and Owner of RIM Operating, Inc. since 1991. Based in Englewood, Colorado, he has played a pivotal role in the company's operations and growth. Prior to his tenure at RIM Operating, Inc., Morin founded Bluebonnet Energy Corp. in 1985, showcasing his entrepreneurial spirit within the energy sector.
Beyond his professional endeavors, Morin has demonstrated commitment to community service. Since 2007, he has served as a Director of the Latin American Educational Foundation, an organization dedicated to providing scholarships and educational opportunities to Latin American students. Additionally, Morin held positions as Director at Solera National Bancorp, Inc. and Solera National Bank from 2014 to 2019, contributing his expertise to the financial sector.
Morin's extensive experience and leadership in the oil and gas industry, coupled with his philanthropic efforts, underscore his significant contributions to both the business community and society at large.
Jason is a graduate of the United States Air Force Academy and pilot, Jason brings 35 years of Oil and Gas drilling, completion, production and facility experience that stretches across 10 Rockies States and Texas. Having grown up in the Denver area, Jason loves spending time outdoors with his wife of 40 years, their two children/spouses and 5 grandchildren.
Michelle, a Colorado native with deep roots in Highlands Ranch, earned a Bachelor of Accountancy degree and Master of Science in Taxation degree from the University of San Diego, while also obtaining a Certified Public Accountant license. Initially, she launched her career in public accounting with McGladrey LLP in the San Diego area before finding her true niche in the oil and gas industry. With over a decade of experience, Michelle presently serves as Controller of RIM. At RIM, she oversees all financial, tax, and accounting operations with a sharp eye for financial strategy, compliance, and efficiency. Known for her analytical mindset and leadership, she plays a key role in driving financial integrity and operational success within the company.
With over 20 years of experience in the oil and gas industry, Nate Koeniger currently serves as the Land Manager where he’s been contributing his expertise since June 2022. Known for being a team-player, Nate has enjoyed working in multi-disciplinary teams at large and small companies throughout his career. Having worked on a diverse array of projects in multiple states and counties, Nate has gained extensive land experience, which he uses to help drive operational success. A Colorado native, Nate holds a Bachelor of Science Degree in Zoology from Colorado State University. Outside of work, he is passionate about spending time with his family and exploring the outdoors. He is an avid fly fisherman and enjoys the challenges and rewards of the sport.
RIM Operating stems from the life and work of Vernon A. Isaacs, Jr., who most people knew as Bud, a lifelong industry leader in petroleum engineering. Bud graduated from Colorado School of Mines in 1964 with a degree in Petroleum Engineering. He was then commissioned as a second lieutenant and served in the U.S. Army Corps of Engineers, including combat operations in Vietnam with the 1st Brigade, 101st Airborne Division. Bud’s military service is marked by valor, including multiple Vietnamese combat ribbons, the Combat Infantry Badge, a Silver Star, a Bronze Star with Valor, and a Purple Heart for wounds suffered while in Vietnam.
Following military service, Bud emerged as an industry leader in petroleum engineering, holding positions with Coquina Oil Corporation, Union Oil Company, and CALCO. He joined the Petro-Lewis Corporation in 1976 and accepted a promotion to Senior Vice President of the corporation in 1981. In 1985, he founded VA Isaacs & Associates, Inc. with the aim of advising companies in the purchase and sale of oil and gas properties. In 1989, he then established RIM Operating, Inc, a private oil and gas property management firm with production across the central United States.
As RIM Operating’s oil & gas properties increased, Bud continued growing the company with strategic investments in developed and undeveloped assets. In 2001, he formed the Isaacs Family LLLP, which was formed as a co-investment vehicle to participate alongside various RIM Operating companies. Bud’s son, Chad, took over the management of the Isaacs Family LLLP in 2010. Since that time, the companies have grown investments with RIM Operating, including the launch of four mineral funds, one drilling exploration fund, and one non-operated working interest spin-off. In recognition of the value that its strategic and diversified assets offer oil and gas investors, the Isaacs Family LLLP was rebranded to Rado Capital, LLLP in 2024.
