Seasoned Power Brokers Dennis Bosworth and John Olsen Join Snapper Creek as Co-Heads of Power Brokerage Desk to Lead Coverage of ERCOT and PJM Markets, Respectively

Adds Experienced Team of Seven Professionals to New Brokerage Desk Expanding Snapper Creek’s Boots-On-The-Ground Presence in Texas and the U.S. Northeast

MIAMI–(BUSINESS WIRE)–Snapper Creek Energy (“Snapper Creek”), an innovative data-driven commodity brokerage specializing in traditional, renewable, and transitional energy markets, today announced the launch of its Power brokerage desk to provide specialized coverage across the Electric Reliability Council of Texas (ERCOT) and Pennsylvania-New Jersey-Maryland Interconnection (PJM) power markets.

Snapper Creek also today announced that Dennis Bosworth and John Olsen have joined the firm as Co-Heads of the Snapper Creek Power desk, where they will lead coverage of the ERCOT and PJM markets, respectively. Mr. Bosworth brings nearly 20 years of wholesale U.S. power and gas markets experience to Snapper Creek, having most recently served as founder and Chief Executive Officer of Greenlight Commodities. Mr. Olsen has more than 30 years of brokerage experience in the wholesale Northeastern U.S. power markets, most recently serving as Head of U.S. Power at Marex. He previously spent two decades at TFS Energy, managing a team focused on NEPOOL, PJM, and NYISO. Messrs. Bosworth and Olson are supported by a team of experienced Power brokers, including James Bosworth and Andrew Gizienski, who are focused on the ERCOT power market, and Jacob Phenix, Wayne Sullivan and Alejandro Turullols, who are focused on the PJM power market.

“The establishment of the Snapper Creek Power desk underscores our commitment to capturing value in structurally complex power markets for the benefit of our clients,” said Sid Perkins, Co-Founder, Chairman and Chief Executive Officer of Snapper Creek. “With volatility increasing and renewables reshaping grid dynamics, the PJM and ERCOT markets present significant opportunities for alpha generation through sophisticated, region-specific trading strategies. We are confident that our Power desk – under the leadership of John and Dennis – will provide the highly localized market intelligence and enhanced execution capabilities our clients are seeking while broadening the offerings of the Snapper Creek platform.”

The Snapper Creek Power desk offers real-time monitoring, trading and risk management across the ERCOT and PJM regions, leveraging both fundamental and quantitative strategies. Key capabilities include short-term and long-term power trading, load forecasting, generation analysis and dispatch modeling, congestion and nodal pricing strategies, Financial Transmission Rights optimization and regulatory and market structure analysis.

“Snapper Creek has quickly earned a reputation as a trusted partner in the energy markets and I am pleased to join the team at this exciting point in its evolution,” added Mr. Olsen. “By adding dedicated coverage within PJM, one of the largest and most liquid electricity markets in North America, Snapper Creek will further diversify its offerings and provide market access to an attractive energy market of growing importance.”

“I am thrilled to join Snapper Creek, a firm well recognized for its deep energy sector knowledge, client-first approach and transaction execution,” commented Mr. Bosworth. “I look forward to leveraging my experience launching and leading firms at the intersection of finance, energy and trade to help Snapper Creek clients navigate the increasingly complex ERCOT power market with confidence and ease.”

Since inception in the fourth quarter of 2023, Snapper Creek has continued to strategically scale its platform with capabilities and talent to meet the evolving needs of its global clientele, which includes banks, macro hedge funds, specialized oil and gas investment funds, trading firms, market makers and oil companies, among others. Snapper Creek currently operates brokerage desks focused on natural gas, carbon, natural gas liquids (NGLs), Physical Liquefied Petroleum Gas (LPG), and now Power, alongside a variety of other gas and power offerings, from its offices in Miami, Houston, New York, Connecticut and London.

About Snapper Creek Energy
Founded by energy industry veteran Sid Perkins, alongside Ike Perkins, Snapper Creek Energy is an innovative data-driven commodities brokerage specializing in traditional, renewable, and transitional energy markets. Based in Miami with offices in New York, Connecticut, Houston and London, Snapper Creek operates brokerage desks globally focused on natural gas, carbon, natural gas liquids (NGLs), Physical Liquefied Petroleum Gas (LPG), and Power. The firm leverages its in-depth research capabilities, proprietary data and analytics platform, execution services and deep energy sector knowledge to maximize value for clients with speed and certainty. For more information, please visit: https://sceadvisory.com/

Accomplished Energy Transition Professional Deepens Snapper Creek Carbon Brokerage Desk’s Bench of Talent, Network of Relationships, and Renewables Expertise

Snapper Creek Energy (“Snapper Creek”), an innovative data-driven commodity brokerage specializing in traditional, renewable, and transitional energy markets, today announced that Léonie Karkoviata has joined the firm as Director of Origination for its carbon brokerage desk, effective immediately. Based in Houston, Ms. Karkoviata will support the sourcing and execution of carbon transactions in Snapper Creek’s pipeline. She will report to Shaun Wildt, Head of Snapper Creek’s carbon desk and Managing Director.

An accomplished energy transition professional, Ms. Karkoviata has significant experience delivering innovative strategies and actionable recommendations to independent and national energy companies, biofuels producers, utilities, private equity investors, and pension funds. Prior to joining Snapper Creek, she served as Energy Transition Consulting Lead at Energy Aspects.

“We are pleased to welcome Léonie to Snapper Creek,” said Sid Perkins, Co-Founder and Chief Executive Officer of Snapper Creek. “Snapper Creek’s carbon desk has experienced impressive growth in deal volume year-to-date, and we are confident that Léonie’s extensive global network of relationships, strong understanding of the carbon markets, and years of experience developing innovative, tailored solutions for clients will be a significant value-add to the desk and drive continued business momentum.”

“I am thrilled to join Snapper Creek at this exciting time in the firm’s growth and the carbon markets’ maturation,” said Ms. Karkoviata. “Snapper Creek has established itself as a brokerage of choice in the energy sector, and I look forward to working closely with Sid and the entire team to identify, evaluate and execute carbon market transactions that generate strong outcomes for our diverse client base.”

Prior to joining Energy Aspects, Ms. Karkoviata worked at Argus Media, most recently as a Biofuels and Energy Commodities Consulting Manager managing energy transition projects across renewable natural gas, diesel, SAF fuels, and feedstock. Earlier in her career, she was the Lead Economics Professor at the University of Houston Downtown’s College of Business. She holds a Bachelor of Arts in International Relations from the American University of Paris, a Master of Science in European Economics from the Universidad Ortega y Gassett, and a Ph.D. in Economics from the University of Houston.

Since inception last year, Snapper Creek has strategically added diverse talent to its team to meet its clients’ needs. Ms. Karkoviata’s appointment follows the launch of Snapper Creek’s Physical Liquefied Petroleum Gas (LPG) brokerage desk in February 2024.

Snapper Creek Energy, a data-driven commodity brokerage specializing in traditional, renewable and transitional energy markets, launched its physical liquefied petroleum gas (LPG) brokerage desk.

In conjunction with the launch, Deacon Shorr joined the firm as president of the LPG desk alongside Jake Shorr, vice president LPG; Scott Gray, LPG broker; and Nick Teasdale, LPG broker.

Based in California, Deacon Shorr, who served as president of Libra Fearnley Energy for the past 11 years, brings a wealth of experience in the physical LPG markets to Snapper Creek, according to the company. He will be joined by Teasdale, based in the firm’s London office, who joins Snapper Creek with more than 30 years of industry experience and previously served as an LPG marketing manager at Saudi Petroleum Overseas Ltd.

“We are pleased to launch our LPG desk under Deacon’s leadership as we continue to diversify our offerings and further expand our global footprint,” says Sid Perkins, co-founder and CEO of Snapper Creek. “Deacon is a savvy energy industry professional with deep relationships across the industry, and we are delighted to welcome him and his experienced team to Snapper Creek.

“As we continue to expand Snapper Creek’s offerings as a trusted brokerage partner, we are excited by the opportunity to strategically scale our business and add a best-in-class team of industry professionals,” Perkins adds. “Deacon and the rest of the LPG desk are well positioned for long-term success, and we look forward to leveraging their expertise across the energy markets to continue to create value for our current and future clients.”

Shorr entered the LPG industry in 1983 as a broker for Fearngas in New York City. After spending five years as a broker, he began his trading career with Trammo Gas in London and later joined Ferrell International as a managing director. During his tenure, he established Ferrell International as one of the top LPG trading houses in the industry, Snapper Creek says. In 2013, he rejoined the Fearnleys Group as president, based in Paris, and eventually in Santa Barbara, California, where he currently resides.

“We are excited to join Snapper Creek and spearhead the launch of the LPG desk at this pivotal moment in the firm’s evolution,” Shorr says. “We look forward to bringing our extensive experience across the global physical LPG markets to Snapper Creek’s growing business, and to continue to deliver the tailored services to which our customers are accustomed.”

Snapper Creek Energy was founded in 2023 by energy industry veterans Sid Perkins and Ike Perkins, providing market analytics, brokerage, and advisory solutions. The firm services a diverse array of clients globally, including banks, macro hedge funds, specialized oil and gas investment funds, trading firms, market makers and oil companies, among others, according to the company.

• Miami-based Snapper Creek Energy also will handle NGL trades
• Perkins was previously managing director at ION Energy

Veteran energy broker Sid Perkins has started a new commodity brokerage called Snapper Creek Energy to trade natural gas and its liquid products — as well as carbon credits — to take advantage of the energy market’s transition.

The Miami-based firm started operations and began generating revenue with its first gas options deals on Oct. 16, Perkins said. Snapper Creek’s carbon desk, which focuses on longer-term deals, is already operating, and a new desk to trade physical natural gas liquids will start in early 2024. The firm also has an office in Houston and is looking to open one in New York.

The brokerage aims to build in-house research using new technologies to gain an edge, Perkins said. Snapper Creek is using SynMax, a satellite-analytics company backed by hedge fund manager Bill Perkins, to track activities such as drilling and LNG operations. Long-time energy analyst Kyle Cooper is leading research for Snapper Creek after serving as consultant for Ion Energy Group, Sid Perkins’ previous firm.

Perkins, whose past clients have included well-known gas traders like John Arnold and Brian Hunter, said the rise of liquefied natural gas exports has helped the US market evolve beyond a seasonal play to a more dynamic industry hinging on global macroeconomic factors. After years of compression, the US gas market now has “pretty good liquidity” through 2025 because of new capital and more interest from global traders, he said.

“It has been a really good market for speculators for the last few years,” Perkins said in an interview. Gas will be a critical part of Snapper Creek’s business for the long term, and Perkins said he’s trying to hire teams to trade the benchmark European gas and Japanese LNG hubs.

Perkins moved to Florida after about 15 years leading Ion, the New York brokerage he had started. The firm operated under OTC Global Holdings, which had all the voting rights on the board, Perkins said. At Snapper Creek, he has full authority for initiatives like developing research in-house and working with his brother.

Ike Perkins, who was on the structuring and investments team at commodity merchant Mercuria Energy America Inc., is serving as chief financial officer for Snapper Creek.

Commodity Brokerage Specializing in Traditional, Renewable, and Transitional Energy Markets to Maximize
Value for Clients with Speed and Certainty.

Founding Team Brings the Decades of Energy Trading Execution and Transaction Expertise, Industry Relationships, and Research Capabilities Required to Navigate the Complexities of the Ever-Evolving Energy Markets.

Snapper Creek Energy (“Snapper Creek”), an innovative data-driven commodity brokerage specializing in traditional, renewable, and transitional energy markets, today announced the launch of its business. The Snapper Creek platform is comprised of three distinct brokerage desks focused on natural gas, carbon, and natural gas liquids (NGLs), each of which provides clients with best-in-class trading execution services, in-depth sector research, and advisory services that support risk management, transaction structuring, and asset acquisition in the energy sector.

Founded by energy industry veteran Sid Perkins, who serves as Chief Executive Officer, in partnership with Ike Perkins, who serves as Chief Financial Officer, Snapper Creek has attracted a seasoned team of energy industry brokers and research analysts with a combined 85 years of experience working across the traditional, renewable, and transitional energy markets. The Snapper Creek team combines its deep energy sector knowledge, proprietary data and analytics platform, and industry-leading execution to drive transparent price discovery and capture value for clients in some of the opaquest areas of the carbon and natural gas markets that exist today.

“The energy markets are ever-evolving, and as the global transition to a zero-carbon economy continues to drive market volatility, we believe there is a critical need for trusted brokerage partners who can help clients navigate shifting market complexities with speed and certainty,” said Mr. Sid Perkins. “We are excited to launch Snapper Creek at a pivotal moment in the evolution of the energy markets, and look forward to leveraging our team’s proven track record transacting across the sector to capitalize on the opportunities today’s market affords and deliver results for clients now and for decades to come.”

Snapper Creek offers market analytics, brokerage, and advisory solutions customized to meet the needs of each of its clients. The firm’s tailored approach allows it to service a diverse array of clients globally, including banks, macro hedge funds, specialized oil and gas investment funds, trading firms, market makers and oil companies, among others.

“Today’s energy market dynamics are generating increased demand for high quality brokerage services executed by a team of professionals who place clients first. We are confident that Snapper Creek is well positioned to meet this growing demand,” added Mr. Ike Perkins. “Looking ahead, we will seek to thoughtfully and strategically scale our team with top talent and capabilities with differentiated offerings to the benefit of current and future clients.”

About the Founders

Mr. Sid Perkins brings over 20 years of relevant industry experience to Snapper Creek. Prior to founding the firm, he served as a Managing Partner at ION Energy Group, a commodity brokerage firm he founded in 2008. At ION, he worked on the natural gas brokerage desk, which was responsible for brokering the first-ever natural gas trade listed on the NASDAQ, and personally brokered over nine figures worth of commissions. Under his management, ION gained nearly $1 billion in brokerage revenue and grew to become a market leader across the oil and gas space, well-recognized for its broker-driven industry research and commanding dominant market share across both natural gas and NGLs. During this time, ION’s NGL brokerage desk also brokered the first-ever NGL trade listed on the NASDAQ. Prior to ION, he was a Partner at LCM Commodities where he launched and oversaw the NGL brokerage desk. Earlier in his career, he oversaw the NGL business at Bank of America.

Mr. Ike Perkins brings 13 years of relevant industry experience to Snapper Creek. Prior to founding the firm, he served on the Structuring and Investments team at Mercuria Energy America, Inc., where he managed a portfolio of equity/debt investments in the renewable energy space. Prior to Mercuria, he was a Vice President in the Merchant Banking Group at Brown Brothers Harriman and worked on various trading desks at global physical commodity firm Bunge.

About Snapper Creek Energy

Founded by energy industry veteran Sid Perkins, alongside Ike Perkins, Snapper Creek Energy is an innovative data-driven commodities brokerage specializing in traditional, renewable, and transitional energy markets. Based in Miami, Snapper Creek operates three distinct brokerage desks focused on natural gas, carbon, and natural gas liquids (NGLs). The firm leverages its in-depth research capabilities, proprietary data and analytics platform, execution services and deep energy sector knowledge to maximize value for clients with speed and certainty. For more information, please visit: https://sceadvisory.com/