People: Emerald Oil Inc (EOX.A)
EOX.A on American Stock Exchange
7.66USD
2:39pm EDT
7.66USD
2:39pm EDT
Price Change (% chg)
$0.20 (+2.68%)
$0.20 (+2.68%)
Prev Close
$7.46
$7.46
Open
$7.41
$7.41
Day's High
$7.74
$7.74
Day's Low
$7.36
$7.36
Volume
48,995
48,995
Avg. Vol
87,558
87,558
52-wk High
$9.66
$9.66
52-wk Low
$3.94
$3.94
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
James Reger |
38 | 2012 | Executive Chairman of the Board |
Michael Krzus |
55 | 2013 | President |
McAndrew Rudisill |
34 | 2013 | Chief Executive Officer, Director |
Paul Wiesner |
Chief Financial Officer, Secretary | ||
David Veltri |
55 | 2012 | Chief Operating Officer |
Mitchell Thompson |
32 | 2012 | Chief Accounting Officer |
Duke Ligon |
71 | 2012 | Independent Director |
Seth Setrakian |
41 | 2012 | Independent Director |
Daniel Spears |
41 | 2012 | Independent Director |
Biographies
| Name | Description |
|---|---|
James Reger |
Mr. James Russell Reger is Executive Chairman of the Board of Emerald Oil Inc. He has served as Executive Chairman since July 2012, served on the Board since April 2010 and served as Chief Executive Officer from April 2010 to July 2012. Mr. Reger was the Chief Executive Officer of Plains Energy Investments, Inc. from December 2009 to April 2010. Mr. Reger was born and raised in Billings, Montana and is the fourth generation in of oil and natural gas explorers and developers dating back more than 60 years. From May 2004 to July 2006, Mr. Reger developed Williston Basin leaseholds as a Principal of Reger Oil, LLC based in Billings, Montana. From August 2006 to December 31, 2009, Mr. Reger was the President of South Fork Exploration, LLC, a lease acquisition and development company with assets in North Dakota, Montana and Wyoming. Mr. Reger holds a B.A. in Finance from Baylor University in Waco, Texas. |
Michael Krzus |
Mr. Michael Krzus is President of Emerald Oil Inc. He resigned from the position of Director of the Company with effect from July 10, 2013. Prior to his appointment as President, Mr. Krzus served as Chief Executive Officer from July 2012 to May 2013. Mr. Krzus has over 30 years experience managing technical and business areas in upstream oil and natural gas, liquefied natural gas and geothermal. Prior to joining, Mr. Krzus was the Chief Executive and Operating Officer of Emerald Oil & Gas NL, a petroleum exploration and production company based in Perth, Australia, since February 12, 2009 and was its Managing Director from August 13, 2009 before reverting to a non-executive director on being appointed Chief Executive Officer in July 2012. Starting as a petroleum engineer with Home Oil in Calgary in 1983, Mr. Krzus then proceeded to Woodside Petroleum Ltd in 1986 where he held various management and executive positions involving oil and natural gas field development (including a four-year secondment to Shell International SIPM where he led natural gas and oil field development teams in the Netherlands), exploration and production business development, company business planning and evaluations, joint venture management and technical capability management. Before leaving Woodside Petroleum Ltd in 2007, Mr. Krzus was responsible for its sub-surface technical oil and natural gas development capability and technology and its capital gating approval process. Prior to joining Emerald Oil & Gas NL, Mr. Krzus managed a geothermal exploration company that was a subsidiary of Eden Energy. Mr. Krzus is a member of the Society of Petroleum Engineers (SPE) and Graduate member of the Australian Institute of Company Directors (AICD). Mr. Krzus holds a Diploma in Oil and Gas Technology from the British Columbia Institute of Technology and BSc in Petroleum Engineering from Tulsa University. |
McAndrew Rudisill |
Mr. McAndrew Rudisill is Chief Executive Officer, Director of Emerald Oil Inc. He has been a director since July 2012 and has served as Chief Executive Officer since May 2013. Prior to his appointment as Chief Executive Officer, Mr. Rudisill served as the President from July 2012 to May 2013. Mr. Rudisill has 12 years of investment management and investment banking experience in the natural resources sector. Prior to joining, Mr. Rudisill was Executive Chairman of Emerald Oil, Inc., which acquired in July 2012, from 2011 to 2012. Mr. Rudisill was the Managing Partner and founder of Pelagic Capital Advisors LP from 2007 to 2011. Prior to forming Pelagic Capital Advisors LP, Mr. Rudisill was a co-founder and Managing Partner of BrightStream Asset Management which focused on investments in natural resources from 2005 to 2007. Before co-founding BrightStream, Mr. Rudisill was an Analyst and Managing Director at North Sound Capital from 2003 to 2005 where he was responsible for investments in global natural resources. Mr. Rudisill currently serves as a Non-Executive Director of Ochre Group Holdings Limited (ASX: OGH), an Australia based mineral resources exploration company, serves as a non-executive director of Emerald Oil & Gas NL (ASX: EMR), a petroleum exploration and production company based in Perth Australia, and serves as a trustee of the Tiger Foundation, which is a philanthropic organization focused on serving New York City. Mr. Rudisill's investment career began at JPMorgan, where he worked as an investment banker. Mr. Rudisill holds a B.A. cum laude with high honors in Economics from Middlebury College in Middlebury, Vermont. |
Paul Wiesner |
Mr. Paul Wiesner is Chief Financial Officer, Secretary of Emerald Oil Inc. Mr. Wiesner has over 25 years of experience with public and private oil and natural gas companies in senior financial and accounting positions. Prior to joining, Mr. Wiesner was the Chief Financial Officer of Tracker Resource Development II, LLC from 2008 to 2011 a private oil exploration company focused in the North Dakota Bakken which sold for $1.05B. From 2005 to 2008, Mr. Wiesner was Chief Financial Officer, Secretary and Treasurer for Storm Cat Energy Corporation a publically traded coalbed methane gas exploration company focused in the Powder River Basin of Wyoming. In November 2008, while Mr. Wiesner served as an executive officer, entities affiliated with Storm Cat Energy filed for protection under Chapter 11 of the Federal bankruptcy laws in the U.S. Bankruptcy Court for the District of Colorado. From 2002 to 2005, Mr. Wiesner served as Chief Financial Officer of NRT Colorado, Inc. d/b/a Coldwell Banker Residential Colorado a residential real estate company with 22 offices and 2000 agents. Prior to 2002, Mr. Wiesner held financial positions with various private companies focused on oil and natural gas exploration, mid-stream natural gas gathering, mining and high technology products. Mr. Wiesner graduated with a Bachelor of Arts degree from Claremont McKenna College and holds an MBA from the MIT Sloan School of Management. |
David Veltri |
Mr. David Veltri is Chief Operating Officer of Emerald Oil Inc. Mr. Veltri has over 31 years of oil and natural gas industry experience with oil company and several independent oil companies, where he has managed and provided engineering for all phases of upstream and mid-stream oil and natural gas operations, covering North Dakota, Wyoming, the Rocky Mountains, the Southern U.S., Mid-Continent, Louisiana, Texas and various international locations. Most recently, Mr. Veltri served as an independent petroleum engineering consultant from October 2011 through November 2012. From August 2008 through September 2011, Mr. Veltri served as Vice President/General Manager of Baytex Energy USA Ltd., where he managed business unit operations, capital drilling programs, lease maintenance and producing properties in the Williston Basin in North Dakota. From September 2006 to July 2008, Mr. Veltri was Production Manager at El Paso Exploration and Production Company, where he managed producing oil and natural gas properties located in northern New Mexico. Mr. Veltri received a Bachelor of Science in Mining and Engineering from West Virginia University. |
Mitchell Thompson |
Mr. Mitchell Raun Thompson is Chief Accounting Officer of Emerald Oil Inc. Prior to then, Mr. Thompson served as the Chief Financial Officer from April 2010 to July 2012 and as a director from January 2011 to July 2012. Mr. Thompson was Chief Financial Officer of Plains Energy Investments, Inc. from December 1, 2009 until its merger with in April 2010. From November 2008 to December 1, 2009, Mr. Thompson was with Anderson ZurMuehlen & Co., P.C. in Billings, Montana where he was an assurance manager. From September 2004 to November 2008, Mr. Thompson held various positions with Grant Thornton LLP in Minneapolis, where he last served as a senior associate. Mr. Thompson has been a licensed CPA since 2006 and holds a B.S. and Master’s in Accounting from Montana State University. |
Duke Ligon |
Mr. Duke R. Ligon is Independent Director of Emerald Oil Inc. Mr. Ligon has served as Chairman of PostRock Energy Corporation (NASDAQ: PSTR), an independent oil and natural gas company, since October 2010 and as Chairman and Director of one of PostRock’s predecessor entities since 2006. Mr. Ligon has more than 40 years of legal experience in corporate securities, litigation, governmental affairs and mergers and acquisitions. He is an attorney and served as senior vice president and general counsel of Devon Energy Corporation (NYSE: DVN), an independent natural gas and oil exploration and production company, from January 1997 until he retired in February 2007. From 2007 to 2010, Mr. Ligon served as a strategic legal advisor to Love’s Travel Stops & Country Stores, Inc., a privately held chain of fuelling stations and attached convenience stores, and currently is the manager and owner of Mekusukey Oil Company, LLC, a privately held oil and natural gas company. Prior to joining Devon, Mr. Ligon practiced law for 12 years and last served as a partner at the law firm of Mayer Brown LLP in New York City. In addition, Mr. Ligon was Senior Vice President and Managing Director for Investment Banking at Bankers Trust Co., a privately held commercial bank, in New York City for 10 years. Mr. Ligon also serves as a member of the board of directors of Panhandle Oil and Gas, Inc. (NYSE: PHX), an oil and natural gas company, as a member of the board of directors of Vantage Drilling Company (AMX: VTG), an offshore drilling contractor, Chairman of the Board of Blueknight Energy Partners, LP (NASDAQ: BKEP). Mr. Ligon received an undergraduate degree in chemistry from Westminster College and a law degree from the University of Texas School of Law. |
Seth Setrakian |
Mr. Seth V. Setrakian is Independent Director of Emerald Oil Inc. Mr. Setrakian has 15 years of investment management experience. Mr. Setrakian currently is a Partner and Co-Head of Domestic Equities of First New York Securities, LLC, a privately held principal trading firm. Prior to First New York, Mr. Setrakian was a Partner of Helios Partners and Seneca Capital, both U.S.-based private investment firms. Mr. Setrakian’s career began at Arthur Andersen, where he was an associate in the Corporate Finance group. Mr. Setrakian graduated summa cum laude, with a B.S. in Accounting, from Pennsylvania State University. |
Daniel Spears |
Mr. Daniel L. Spears is Independent Director of Emerald Oil Inc. Mr. Spears has 16 years of investment management and investment banking experience in the natural resources sector. Mr. Spears is a partner and portfolio manager at Dallas, Texas based Swank Capital, LLC, an energy infrastructure investment management company, and its wholly owned investment manager, Cushing MLP Asset Management, LP. Mr. Spears was an investment banker in the Natural Resources Group at Bank of America Securities LLC for eight years. Mr. Spears also worked in the Global Energy and Power Investment Banking Group at Salomon Smith Barney. Mr. Spears serves on the board of directors of Lonestar Midstream, L.P., a private midstream master limited partnership, PostRock Energy Corporation (NASDAQ: PSTR), an independent oil and natural gas company, and Central Energy, LP, a private distribution-focused master limited partnership trading in the over-the-counter market. Mr. Spears received his B.S. in Economics from the Wharton School of the University of Pennsylvania. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
James Reger |
3,314,430 |
Michael Krzus |
2,788,300 |
McAndrew Rudisill |
2,758,300 |
Paul Wiesner |
1,826,530 |
David Veltri |
-- |
Mitchell Thompson |
1,761,600 |
Duke Ligon |
-- |
Seth Setrakian |
-- |
Daniel Spears |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
James Reger |
0 | 0 |
Michael Krzus |
0 | 0 |
McAndrew Rudisill |
0 | 0 |
Paul Wiesner |
0 | 0 |
David Veltri |
0 | 0 |
Mitchell Thompson |
0 | 0 |
Duke Ligon |
0 | 0 |
Seth Setrakian |
0 | 0 |
Daniel Spears |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
EDELMAN & GUILL ENERGY L P |
93,080 | $5.87 |
EDELMAN & GUILL ENERGY L P |
2,692,520 | $5.87 |
VELTRI DAVID |
6,053 | $5.60 |
WIESNER PAUL |
25,274 | $5.60 |
BESKOW MARTIN JAMES |
5,321 | $0.00 |
LIGON DUKE R |
6,828 | $5.60 |
THOMPSON MITCHELL RAUN |
13,884 | $5.60 |
OSTERBUHR KARL |
21,524 | $5.60 |
REGER JAMES RUSSELL |
35,820 | $5.60 |
KRZUS MICHAEL |
35,820 | $5.60 |
SETRAKIAN SETH |
6,828 | $5.60 |
SPEARS DANIEL L |
6,828 | $5.60 |
RUDISILL MCANDREW |
35,820 | $5.60 |
BESKOW MARTIN JAMES |
5,228 | $0.00 |
VELTRI DAVID |
5,947 | $5.70 |
SETRAKIAN SETH |
6,709 | $5.70 |
RUDISILL MCANDREW |
35,195 | $5.70 |
THOMPSON MITCHELL RAUN |
13,641 | $5.70 |
LIGON DUKE R |
6,709 | $5.70 |
WIESNER PAUL |
24,832 | $5.70 |
KRZUS MICHAEL |
35,195 | $5.70 |
REGER JAMES RUSSELL |
35,195 | $5.70 |
SPEARS DANIEL L |
6,709 | $5.70 |
OSTERBUHR KARL |
21,147 | $5.70 |
VELTRI DAVID |
80,000 | $0.00 |

