People | Capital Markets | Private Equity Activity
Williston-Focused Black Ridge Taps New COO
Print
|
Black Ridge Oil & Gas Inc. has reported that the Company's Board of Directors approved the appointment of Mr. Michael Eisele, to the position of Chief Operating Officer, effective August 1, 2013.
Since August 2012, Mr. Eisele served as the Company's Vice President of Land overseeing Black Ridge's acreage portfolio and acquisitions. Prior to joining the Company, Mr. Eisele was the landman and co-owner of High West Resources, Ltd. from 2011 to 2012 and the owner of Eisele Resources LLC from 2009 to 2012. Mr. Eisele is a graduate of Luther College (B.A.).
Ken DeCubellis, Black Ridge's Chief Executive Officer, said, "We are very pleased to promote Michael to Chief Operating Officer. During his brief tenure with the Company, he has led the acquisition of high value leaseholds including the Stateline 14-3427H (8.3 WI%, 30 day IP of 26,299 BOE), the SCHA 33-34 3H (6.25% WI, 30 day IP of 21,749 BOE), and negotiated and executed the acreage swap with Samson. Under Michael's operating leadership, we believe the Company is well positioned to continue to grow oil and gas production, revenue, and EBITDA in the Bakken / Three Forks play, and continue to execute our strategy of aggregating high value non operated leaseholds."
Williston Basin News
Bakken Midstream Project shelved; as future growth projects thin
Hess Midstream highlighted continued throughput growth across its Williston Basin (Bakken/Three Forks) systems, signaling higher utilization in gas gathering and processing. For producers, the only forward-looking capacity signal…
Empire Petroleum First Quarter 2023 Results
Empire Petroleum announced first quarter 2023 results. Highlights Increased year-over-year per day sales volumes by 4% to 2,206 barrels of oil equivalent per day ("Boe/d") (61% oil, 19%…
Vitesse Energy, Inc. First Quarter 2023 Results
Vitesse Energy, Inc. announced first quarter 2023 results. Highlights Completed spin-off from Jefferies Financial Group Inc. (the "Spin-Off") and closed the acquisition of Vitesse Oil, LLC on January…
Exxon Mobil First Quarter 2023 Results
Exxon Mobil Corp. announced its first quarter 2023 results. Highlights: Delivered record first quarter earnings of $11.4 billion, demonstrating structural earnings improvements through growth of advantaged assets, mix…
ExxonMobil Fourth Quarter, Full Year 2022 Results
Exxon Mobil Corp. reported its fourth quarter and full year 2022 results. Exxon announced fourth-quarter 2022 earnings of $12.8 billion, or $3.09 per share assuming dilution, resulting in…