Spencer D. Armour, III was appointed to the University of Houston System Board of Regents by Governor Rick Perry in 2011 and will serve through August 31, 2017. For fiscal year 2013-2014, he will serve as chair of the Finance and Administration Committee and vice chair of the Endowment Management Committee.
Armour serves as managing partner of Armada Gas & Oil Company in Midland, Texas. The Company invests in oil and gas production, minerals and the oilfield service sector. Armada Gas & Oil currently holds investments in the Permian Basin of West Texas and several emerging U.S. shale resource plays.
Armour founded two successful startup companies, Lone Star Mud Inc. in 1986 and Sledge Drilling Corp. in 2006. Both were subsequently acquired by publicly traded companies. He is a past President and board member of the Petroleum Club of Midland. Armour has also served on the boards of Patterson-UTI Energy Inc., NuTech Energy Alliance and Beacon Resources, LLC.
He is an active member of the Midland and Fort Worth Wildcat Committees.
Armour, originally from Silsbee, Texas, earned his Bachelor of Science degree in Economics from the University of Houston in 1977.