Porter Bennett

President & CEO

Prior to starting Ponderosa, Mr. Bennett was the CEO of BENTEK Energy, which he founded in 1985 and sold to Platts/McGraw-Hill in 2011. During his tenure at BENTEK, he led the evolution of the company from an energy industry consulting firm specializing in supply and demand analysis to today's leading provider of market information and analysis for the natural gas, NGL and oil industries. Mr. Bennett is a Vice President of Western Energy Alliance and Chairman of its Natural Gas Committee, an Observer with the Potential Gas Committee, participated on the Coordinating Subcommittee of the recent National Petroleum Council natural gas study and is a member of the International Gas Union Strategy Committee.

In his early career, Mr. Bennett worked on a variety of consulting projects specializing in energy market analysis. He holds a MS Degree in Mineral Economics from the Colorado School of Mines, a MA Degree in International Affairs from Columbia University and a BA Degree in History from Lewis & Clark College.

Kelly Bennett

Managing Partner

Kelly leads a number of Ponderosa's research efforts and market engagement. Prior to joining Ponderosa Advisors, Kelly was a Manager of Energy Analytics at BENTEK Energy, where he founded the company's global energy desk, creating industry-leading fundamental analysis for the European natural gas and power markets, as well as the global LNG market. He has been involved in numerous consulting projects focused on asset acquisition, management, and investment strategy.

The majority of Kelly's market engagement has focused on foreign companies, including some of Europe and Asia's largest utilities, numerous IOCs and NOCs, as well as the private equity and trading community. Kelly holds a BS degree in Diplomacy and World Affairs from Occidental College in California.

Bernadette Johnson

Managing Partner

As a Director of Research & Analytics at Ponderosa Advisors, Bernadette's responsibilities include consulting project management, maintenance and validation of third-party datasets, and fundamentals analysis for the Natural Gas, Power, and Crude markets.

With over 8 years experience in the Energy industry, Bernadette has worked extensively on both the financial and physical sides. Prior to joining Ponderosa in early 2012, she was a Senior Research Analyst at Sasco Energy Partners, a hedge fund actively engaged in trading the gas, power, and crude futures markets. Prior to joining Sasco, she was a Consulting Project Manager and Senior Energy Analyst at BENTEK Energy, where she focused on natural gas and oil fundamentals. She holds a Master of Political Economy of Resources and a BS in Economics from Colorado School of Mines.

Nancy Zalutsky

Research Analyst

Nancy Zalutsky is a Research Analyst obtaining information about water rights in Western states for use in the development of Water Sage, a web-based mapping platform that integrates water rights data, land ownership and relative priority.

Nancy graduated cum laude from the University of Great Falls in 1993 with a BS in Paralegal Studies and has been a Certified Legal Assistant since 1995. She has more than 20 years’ experience in Montana water rights as a paralegal at the Doney Law Firm from 1991 until 2005 and as a consultant at Water Right Solutions Inc. from 2005-2014.

Samantha Fox

Business Intelligence Developer

Samantha Fox is a business intelligence developer who joined the Ponderosa team in 2013 with a background in energy markets. She develops the databases for Water Sage, combining primary analysis of each state’s water right data with research into their legal and regulatory administration.

Before joining Ponderosa, Samantha was an analyst and business intelligence developer at Bentek Energy, where she led projects on natural gas fundamentals and oil products pricing. She holds a Bachelor of Science in Engineering Physics from the Colorado School of Mines.