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Arete Industries Inc (ARET.PK)

ARET.PK on OTC Markets Group

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Summary

Name Age Since Current Position

Nicholas Scheidt

54 2013 Chief Executive Officer, Director

Tristan Farel

41 2015 Chief Financial Officer

Charles Davis

57 2011 Chief Operating Officer, Director

William Stewart

54 2015 Assistant Secretary, Director, Interim Principal Accounting Officer

Charles Gamber

65 2015 Secretary

Randall Arnold

2015 Director

Robert McGraw

57 2015 Director

Biographies

Name Description

Nicholas Scheidt

Mr. Nicholas L. Scheidt is Chief Executive Officer, Director of Arete Industries, Inc. Mr. Scheidt has served as President and Chairman of Apex Financial Services Corp (aka Apex Realty Investments Inc.) since 1983; he has served on the Board of Directors of Truck Wash Inc. since 1989; he has served on the Board of Directors of Out Reach Housing Corporation since 1992 and he has served as Chief Financial Officer of Truck Wash Inc. since 1995.

Tristan Farel

Mr. Tristan R. Farel is Chief Financial Officer of Arete Industries, Inc. Mr. Farel is an executive with five years of experience as a chief financial officer and 15 years of accounting and public company reporting experience. Mr. Farel currently is the President of Pivot Accounting, LLC, a company he founded which provides a full suite of solutions to both public and private companies operating in the oil and gas industry offering outsourced chief financial officer and controller functions, as well as accounting and bookkeeping services. Since February 2010, Mr. Farel has also served as the Chief Financial Officer of New Frontier Energy, Inc., a non-reporting, publicly-held domestic energy company engaged in the exploration for, and development of, oil and natural gas reserves in the continental United States. Mr. Farel has also served as a financial consultant to various entities since December 2009. From June 2007 to December 2009, Mr. Farel served as a financial reporting manager for Resolute Energy Corporation, an oil and gas exploration and development company. From January 2002 to June 2007, Mr. Farel was an auditor for Hein & Associates, a public accounting firm. Mr. Farel has a Bachelor of Science in Business Administration with an emphasis in Accounting from the University of Colorado.

Charles Davis

Mr. Charles B. Davis is Chief Operating Officer, Director of Arete Industries, Inc. From January 1981 to June 1983, Mr. Davis was Operations Manager for Keba Oil and Gas Co. where he was responsible for drilling, completion and producing operations. From July 1983 to April 1986, Mr. Davis was Vice-President of operations for Private Oil Industries. From April 1986 until August 1988, Mr. Davis did consulting work related to well site operations. Since August 1988 Mr. Davis has worked for DNR Oil & Gas Inc., as president, overseeing the day to day operations for 150 to 200 wells, and involved in exploration activities. Mr. Davis graduated from the University of Wyoming with a Bachelor of Science Degree in Engineering.

William Stewart

Mr. William W. Stewart is Assistant Secretary, Director, Interim Principal Accounting Officer of Arete Industries, Inc. From December, 2001 until August, 2002, Mr. Stewart ran the operations and directed the business plan of Eagle Capital Funding Corp. (Eagle Capital) to pursue capital funding projects. In addition to serving as an outside director, he serves as a member of the Company’s Nominating and Compensation Committees. Mr. Stewart worked in the brokerage industry as an NASD licensed registered representative from 1986 to 1994. Mr. Stewart started his career with Boettcher and Company of Denver, Colorado and left the Principal Financial Group of Denver, Colorado in 1994 to open his own small-cap investment firm, S.W. Gordon Capital, Inc., where he has been its president since 1994 to the present. Mr. Stewart formerly served as CEO and is an owner of Larimer County Sports, LLC, a Colorado limited liability company, which owns the Colorado Eagles Hockey Club a minor league professional hockey franchise in northern Colorado. He has been President of Wenatche Sports Partners, LLC, owner of a minor league hockey team, since 2008. Mr. Stewart attended the University of Denver on a full athletic scholarship where he played hockey from 1979 to 1983 as right wing and served as assistant captain during his senior year. Mr. Stewart graduated with a BS, Business Administration from the University of Denver in 1983, with honors as a Student Athlete.

Charles Gamber

Mr. Charles L. Gamber is Secretary of the Company. He was Director of Arete Industries, Inc. He serves as an independent director, and is a member of our Nominating, Audit, and Compensation Committees. Mr. Gamber is the owner of Charles L. Gamber, Inc. dba Capital Resource Management LLC and works as a consultant creating business opportunities and relationships with strategic partners and business organizations. He is also the Director of Business Development for MedCenterNetwork. He has over 35 years of sales, customer service and marketing experience. Mr. Gamber started Charles L Gamber, Inc., in 2003. Mr. Gamber received a bachelor’s degree in Business Administration with minors in Accounting and Economics from Western State College of Colorado in 1973.

Randall Arnold

Mr. Randall K. Arnold is Director of the Company. Mr. Arnold accepted a position with Phillips Petroleum as a drilling engineer working in Oklahoma and the North Sea. In 1980, he joined Petro Lewis Corporation ("Petro Lewis") as an operations engineer and over a five year career at Petro Lewis held the positions of District Engineer, Production Superintendent, Operations Manager for the SW Region located in Lubbock, TX and Operations Manager for the Central Region located in Denver, CO encompassing an area from North Dakota to West Texas. From 1985 to 1995 Mr. Arnold worked for three small independent exploration companies, Liedtke Operating Corp, Emerald Corp, and Wilbanks Exploration. He then started his own company in 1995, Buffalo Operating Corporation. In 2002 Mr. Arnold accepted a position with Delta Petroleum ("Delta") as Operations Manager and was eventually promoted to Senior Vice President of Operations. In 2006 after leaving Delta, he again ran Buffalo Operating Corporation and in 2008 became a member of North Plains Energy ("NPE") and in 2012 was retained by NPE as a consultant until NPE was sold to Kodiak Oil and Gas in 2012. Mr. Arnold graduated from the University of Oklahoma in 1977 with a Bachelor of Science degree in Mechanical Engineering.

Robert McGraw

Mr. Robert McGraw, Jr., is an Director of the Company. Mr. McGraw is the President of McGraw & McGraw CPA and a 1977 graduate from Western State Colorado University. A practicing Colorado-licensed Certified Public Accountant since 1982, he specializes in accounting for small businesses, personal and corporate tax planning and preparation as well as small business consulting. Mr. McGraw is also a member of the American Institute of Certified Public Accountants and the Colorado Society of Certified Public Accountants. He has served on the board of directors for multiple publicly traded companies as Audit Committee Chairman and is currently serving on the boards of two non-profit organizations.

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