Print 
Lucas Energy Inc. has reported the appointment of Ken Daraie as Chairman of the Board.
The Company also today announced that Ken Daraie has been appointed as Chairman of the Board of Directors, effective November 11, 2013. Mr. Daraie, who joined the Board in December 2012, most recently served as a Director. He replaces Ryan Morris, who will continue to serve on the Board.
Morris commented: "I am proud to pass the baton to Ken Daraie to be the Company's new Chairman. Having successfully completed our operational and financial 'fire-fighting', we now turn towards developing our excellent asset base. Ken's extensive experience founding and building profitable oil companies will make him an excellent active Chairman to guide us to production growth."
Mr. Daraie added, "I am grateful for Mr. Morris and Mr. Schnur's leadership in getting the Company organized, I am prepared to implement its business plan, and I look forward to helping the organization with its singular focus on increasing revenue and shareholder value."
Mr. Daraie has served as the Vice President of Wold Oil Properties, Inc. (WOPI) since April 2011. Previously, he served a four-year appointment as the Executive Director of the Wyoming School Facilities Commission where he oversaw creation of systems and processes necessary for deployment of over $1 billion in capital construction funds in the state. From 2001 to 2005, Mr. Daraie founded and served as President of Continental Industries, LC, a vertically integrated oil and gas company based in Wyoming.
He also has served on the Boards of Double Eagle Petroleum Company Inc. (DBLE) and Energy West Federal Credit Union. Mr. Daraie is a registered professional engineer and has been a member of the Society of Petroleum Engineers since 1980. Mr. Daraie received a Bachelor of Arts degree in Physics from Baylor University and a Bachelor of Science degree in Petroleum Engineering from the University of Texas at Austin.
Gulf Coast - South Texas News
An Eagle Ford Team That Cashed Out Is Back for Another Cycle
Houston — January 15, 2026 — Lime Rock Partners, a Houston-based private investment firm specializing in upstream oil and gas, has completed an equity commitment to Athena Energy…
Silver Hill Expands South Texas Footprint with Acquisition of 1776 Energy Assets
Silver Hill Energy Partners has acquired 100 percent of 1776 Energy’s South Texas oil and gas assets, significantly expanding its operated footprint across the Eagle Ford and Austin…
Murphy’s Eagle Ford Keeps Getting Better
Murphy Oil walked into Q3 2025 with a simple message: operations are clicking again, and the company is delivering production and cost performance that gives them flexibility heading…
Baytex Sells Eagle Ford to Re-Weight the Portfolio to Canada
Baytex Energy has announced a major portfolio shift: the Company is divesting its entire U.S. Eagle Ford position for US$2.305 billion in cash to an undisclosed buyer. The…
Chesapeake Energy Q4, Full Year 2022 Results; IDs $1.8B 2023 Capex
Chesapeake Energy Corp. reported fourth quarter and full-year 2022 results and issued 2023 guidance. Fourth Quarter 2022 Highlights: Net cash provided by operating activities of $1,050 million Net…