Frank A. Lodzinski has served as our Chairman, President and Chief Executive Officer
since December 2014. Previously, he served as President and Chief Executive Officer
of OVR from its formation in December 2012 until the closing of its strategic
combination with us in December 2014. Prior to his service with OVR, Mr. Lodzinski
was Chairman, President and Chief Executive Officer of GeoResources, Inc. from
April 2007 until its merger with Halcón Resources Corporation (“Halcón”)
in August 2012 and from September 2012 until December 2012 he conducted pre-formation
activities for OVR. He has over 43 years of oil and gas industry experience. In
1984, he formed Energy Resource Associates, Inc., which acquired management and
controlling interests in oil and gas limited partnerships, joint ventures and
producing properties. Certain partnerships were exchanged for common shares of
Hampton Resources Corporation in 1992, which Mr. Lodzinski joined as a director
and President. Hampton was sold in 1995 to Bellwether Exploration Company. In
1996, he formed Cliffwood Oil & Gas Corp. and in 1997, Cliffwood shareholders
acquired a controlling interest in Texoil, Inc., where Mr. Lodzinski served as
a director, Chief Executive Officer and President. In 2001, Mr. Lodzinski was
appointed Chief Executive Officer and President of AROC, Inc., to direct the restructuring
and ultimate liquidation of that company. In 2003, AROC completed a monetization
of oil and gas assets with an institutional investor and began a plan of liquidation.
In 2004, Mr. Lodzinski formed Southern Bay Energy, LLC, the general partner of
Southern Bay Oil & Gas, L.P., which acquired the residual assets of AROC,
Inc., and he served as President of Southern Bay Energy, LLC. The Southern Bay
entities were merged into GeoResources in April 2007. Mr. Lodzinski has served
as a director of Yuma Energy, Inc. since September 2014. He also served as a member
of the Audit Committee from September 2014 until October 2016. In October 2016,
he was appointed a member of the Compensation Committee. He holds a BSBA degree
in Accounting and Finance from Wayne State University in Detroit, Michigan.
Tony Oviedo was appointed as our Executive Vice President – Accounting
and Administration (Principal Accounting Officer) in January 25, 2017, effective
February 10, 2017. Mr. Oviedo has over 30 years of professional experience with
both private and public companies. Prior to joining Earthstone, he was employed
by GeoMet, Inc., where, since 2006, he had served as the Senior Vice President,
Chief Financial Officer, Chief Accounting Officer and Controller. In addition,
prior to joining GeoMet, Mr. Oviedo was employed by Resolution Performance Products,
LLC, where he was Compliance Director and has held positions as Chief Accounting
Officer, Controller, and Director of Financial Reporting with various companies
in the oil and gas industry. Prior to the aforementioned experience, he served
in the audit practice of KPMG LLP’s Energy Group. Mr. Oviedo holds a Bachelor’s
degree in Business Administration with a concentration in accounting and tax
from the University of Houston and is a Certified Public Accountant in the state
of Texas.
Ray Singleton is a petroleum engineer with over 37 years of experience in the
oil and gas industry. He has been one of our directors since July 1989 and was
our President and Chief Executive Officer from March 1993 until December 2014.
Since December 2014, he has served as our Executive Vice President, Northern
Region. Mr. Singleton joined us in 1988 as a Production Manager/Petroleum Engineer.
From 1983 until 1988, he owned and operated an engineering consulting firm (Singleton
& Associates) serving the needs of 40 small oil and gas clients. During
this period, he was engaged by Earthstone on various projects in south Texas
and the Rocky Mountain region. Mr. Singleton began his career with Amoco Production
Company in 1973 as a production engineer in Texas. He was subsequently employed
by the predecessor of Union Pacific Resources as a drilling, completion and
production engineer from 1980 to 1983. His professional experience includes
acquisition evaluation and economics, reserve engineering and drilling, completion
and production engineering in both Texas and the Rocky Mountain region. In addition,
he possesses over 21 years of executive experience and has an intimate knowledge
of Earthstone’s legacy Rocky Mountain and south Texas properties. Mr.
Singleton received a B.S. degree in Petroleum Engineering from Texas A&M
University in 1973, and received an MBA from Colorado State University’s
Executive MBA Program in 1992.
Robert J. Anderson is a petroleum engineer with over 30 years of diversified
domestic and international oil and gas experience. He has served as our Executive
Vice President, Corporate Development and Engineering since December 2014. Previously,
he served in a similar capacity with OVR from March 2013 until the closing of
its strategic combination with Earthstone in December 2014. Prior to joining
OVR, he served from August 2012 to February 2013 as Executive Vice President
and Chief Operating Officer of Halcón. Mr. Anderson was employed by GeoResources,
Inc. from April 2007 until its merger with Halcón in August 2012, ultimately
serving as a director and Executive Vice President, Chief Operating Officer
– Northern Region. He was involved in the formation of Southern Bay Energy
in September 2004 as Vice President, Acquisitions until its merger with GeoResources
in April 2007. From March 2004 to August 2004, Mr. Anderson was employed by
AROC, a predecessor company to Southern Bay Energy, as Vice President, Acquisitions
and Divestitures. From September 2000 to February 2004, he was employed by Anadarko
Petroleum Corporation as a petroleum engineer. In addition, he has worked with
major oil companies, including ARCO International/Vastar Resources, and independent
oil companies, including Hunt Oil, Hugoton Energy, and Pacific Enterprises Oil
Company. His professional experience includes acquisition evaluation, reservoir
and production engineering, field development, project economics, budgeting
and planning, and capital markets. His domestic acquisition and divestiture
experience includes Texas and Louisiana (offshore and onshore), Mid-Continent,
and the Rocky Mountain states, and his international experience includes Canada,
South America, and Russia. Mr. Anderson has a B.S. degree in Petroleum Engineering
from the University of Wyoming and an MBA from the University of Denver
Steven C. Collins is a petroleum engineer with over 28 years of operations
and related experience. He has served as our Executive Vice President, Completions
and Operations since December 2014. Previously, he served in a similar capacity
with OVR from its formation in December 2012 until the closing of its strategic
combination with Earthstone in December 2014. Prior to employment by OVR, he
served from August 2012 to November 2012 as a consultant to Halcón. Mr.
Collins was employed by GeoResources, Inc. from April 2007 until its merger
with Halcón in August 2012 and directed field operations, including well
completion, production and workover operations. Prior to employment by GeoResources,
he served as Vice President of Operations for Southern Bay, AROC, and Texoil,
and as a petroleum and operations engineer at Hunt Oil Company and Pacific Enterprises
Oil Company. His experience includes Texas, Louisiana (onshore and offshore),
North Dakota, Montana, and the Mid-Continent. Mr. Collins graduated with a B.S.
degree in Petroleum Engineering from the University of Texas.
Christopher E. Cottrell has over 33 years of oil and gas industry experience.
He has served as our Executive Vice President, Land and Marketing and Corporate
Secretary since December 2014. Previously, he served in a similar capacity with
OVR from its formation in December 2012 until the closing of its strategic combination
with Earthstone in December 2014. Prior to employment by OVR, he was employed
by GeoResources, Inc. from April 2007 until its merger with Halcón in
August 2012, ultimately serving as Vice President of Land and Marketing, responsible
for land and operating contract matters including oil and gas marketing, land
and lease records, title and division orders. In addition, he was actively involved
in due diligence associated with business development matters. He has held previous
roles at AROC, Texoil, Williams Exploration, Ashland Exploration, American Exploration,
Belco Energy, and Citation Oil & Gas. Mr. Cottrell graduated with a B.B.A.
degree in Petroleum Land Management from the University of Texas.
Timothy D. Merrifield has over 37 years of oil and gas industry experience.
He has served as our Executive Vice President, Geology and Geophysics since
December 2014. Previously, he served in a similar capacity with OVR from its
formation in December 2012 until the closing of its strategic combination with
the Company in December 2014. Prior to employment by OVR, he served from August
2012 to November 2012 as a consultant to Halcón upon its merger with
GeoResources, Inc. in August 2012. From April 2007 to August 2012, Mr. Merrifield
led all geology and geophysics efforts at GeoResources. He has held previous
roles at AROC, Force Energy, Great Western Resources and other independents.
His domestic experience includes Texas, Louisiana (onshore and offshore), North
Dakota, Montana, New Mexico, Rocky Mountain States, and the Mid-Continent. In
addition, he has international experience in Peru and the East Irish Sea. Mr.
Merrifield attended Texas Tech University.
Francis M. Mury has over 42 years of oil and gas industry experience. He has
served as our Executive Vice President, Drilling and Development since December
2014. Previously, he served in a similar capacity with OVR from its formation
in December 2012 until the closing of its strategic combination with Earthstone
in December 2014. Prior to employment by OVR, he was employed by GeoResources,
Inc. from April 2007 until its merger with Halcón in August 2012, ultimately
serving as an Executive Vice President, Chief Operating Officer–Southern
Region. He has held prior roles at AROC, Texoil, Hampton Resources, Wainoco
Oil & Gas Company, Diasu Exploration Company, and Texaco, Inc. His experience
extends to all facets of petroleum engineering, including reservoir engineering,
drilling and production operations, petroleum economics, geology, geophysics,
land, and joint operations. Geographical areas of experience include Texas and
Louisiana (offshore and onshore), North Dakota, Montana, Mid-Continent, Florida,
New Mexico, Oklahoma, Wyoming, Pennsylvania and Michigan. Mr. Mury graduated
from Nicholls State University with a degree in Computer Science.
Earthstone Energy Inc currently has 212 employees.
