People: Pioneer Energy Services Corp (PES)
PES on New York Consolidated
7.18USD
24 May 2013
7.18USD
24 May 2013
Price Change (% chg)
$-0.07 (-0.97%)
$-0.07 (-0.97%)
Prev Close
$7.25
$7.25
Open
$7.12
$7.12
Day's High
$7.32
$7.32
Day's Low
$7.06
$7.06
Volume
287,569
287,569
Avg. Vol
520,369
520,369
52-wk High
$9.91
$9.91
52-wk Low
$5.91
$5.91
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Dean Burkhardt |
61 | 2008 | Independent Chairman of the Board |
Stacy Locke |
56 | 2003 | President, Chief Executive Officer, Director |
Lorne Phillips |
41 | 2009 | Chief Financial Officer, Executive Vice President |
Joseph Eustace |
57 | 2008 | Executive Vice President and President - Production Services Division |
Franklin West |
72 | 2008 | Executive Vice President and President - Drilling Services Division |
Carlos Pena |
45 | 2008 | Senior Vice President, Compliance Officer, General Counsel, Secretary |
John Rauh |
62 | 2008 | Independent Director |
C. John Thompson |
59 | 2001 | Independent Director |
Scott Urban |
59 | 2008 | Independent Director |
Biographies
| Name | Description |
|---|---|
Dean Burkhardt |
Mr. Dean A. Burkhardt is Independent Chairman of the Board of Pioneer Energy Services Corp. He served as one of the directors since October 26, 2001. In addition to his role as a horse and cattle rancher, Mr. Burkhardt has been a consultant to the energy services industry since 1997 with a special emphasis in oil and gas projects in emerging markets, workover services, fuel cells and engineering and quality management services. He also served as co-founder, President and CEO (1983-1985) of Applied Petroleum Software, a provider of production engineering software for optimizing oil and gas well completions; President and CEO of Seismic Products, a provider of seismic cable (1982), Cliff Mock, Inc., a provider of oilfield valves (1982) and Tescorp Energy Services, a provider of coiled tubing, hydraulics and fishing and rental tools (1981-1982) as well as President and COO of Tescorp, Inc. (1982); was a co-founder (1979), Executive Vice President of Sales and Operations (1979-1981) and a director (1979-1989) of Cheyenne Services, Inc., a provider of oilfield tubular makeup, tubular inspection and third party quality assurance services. |
Stacy Locke |
Wm. Stacy Locke is President, Chief Executive Officer, Director of Pioneer Energy Services Corp. He has served as one of the directors as well as President of the Company since May 1995, when he joined Pioneer. In December 2003, Mr. Locke was appointed Chief Executive Officer. In addition to his continuous role as President, Mr. Locke has also served as Chief Financial Officer and Chief Operating Officer. Prior to joining Pioneer, Mr. Locke was in investment banking with Arneson, Kercheville, Ehrenberg & Associates from 1993 to 1995 and Chemical Banking Corporation from 1988 to 1992. Mr. Locke worked for Valero Energy Corporation, Huffco Petroleum Corporation and Tesoro Petroleum Corporation as a geologist from 1979 to 1986. Mr. Locke received a Bachelor’s Degree in geology from the University of California Santa Barbara and a Master of Business Administration Degree from Southern Methodist University. |
Lorne Phillips |
Mr. Lorne E. Phillips is Chief Financial Officer, Executive Vice President of Pioneer Energy Services Corp. Prior to joining Pioneer Drilling Company, Mr. Phillips worked the last 10 years at Cameron International Corporation, serving most recently as Vice President and Treasurer. Prior to that, he was General Manager of Cameron’s Canadian valves operations, Vice President of Marketing and M&A for the valves division, and Business Development Manager for Cameron. Before joining Cameron, he was a Financial Analyst for SCF Partners, a provider of equity capital to energy service and equipment companies, and for Simmons & Company International, an investment bank focused on the energy industry. |
Joseph Eustace |
Mr. Joseph Brooks Eustace is Executive Vice President, President - Production Services Division of Pioneer Energy Services Corp. Prior to joining Pioneer Drilling Company, Mr. Eustace served as President of WEDGE Oil and Gas Services beginning in 2004. Prior to 2004, Mr. Eustace served as Group Vice President for Key Energy Services from 1998 to 2004, and as Vice President of Operations for Dawson Production Services from 1982 until Key Energy Services acquired Dawson Production Services in 1998. |
Franklin West |
Mr. Franklin C. West currently is Executive Vice President, President - Drilling Services Division of Pioneer Energy Services Corp. Prior to his appointment as President of Drilling Services Division on March 1, 2008, Mr. West served as Chief Operating Officer beginning in January 2002. Prior to joining Pioneer, he was Vice President for Flournoy Drilling Company from 1967 until it was acquired by Grey Wolf, Inc. in 1997, and he continued in the same capacity for Grey Wolf, Inc., an on-shore oil and gas drilling contractor, until December 2001. |
Carlos Pena |
Mr. Carlos R. Pena is Senior Vice President, Compliance Officer, General Counsel, Secretary of Pioneer Energy Services Corp. Mr. Peña has practiced law since 1992 and has experience providing both outside corporate and securities counsel and in-house M&A counsel. Prior to joining Pioneer Drilling in October 2008, he worked for AT&T, Inc. in the M&A legal group. From 1996 to 2007, he focused on securities and corporate finance, M&A, venture capital, and corporate governance at Fulbright & Jaworski L.L.P., Cox Smith Matthews Incorporated, and Vinson & Elkins L.L.P. |
John Rauh |
Mr. John Michael Rauh is Independent Director of Pioneer Energy Services Corp. Mr. Rauh served in various financial capacities including Vice President and Controller and Vice President and Treasurer during his career at Kerr-McGee Corporation from 1981 until his retirement in 2006. Prior to joining Kerr-McGee, Mr. Rauh was an auditor with Arthur Young & Company, which merged with Ernst & Whinney in 1989 to form Ernst & Young. He received a Master’s Degree in accounting from Oklahoma State University and a Bachelor’s Degree in accounting and economics from Northwestern Oklahoma State University. Mr. Rauh was elected in 2010 and currently serves as a director on the Northwestern Oklahoma State University Foundation Board of Directors. Mr. Rauh served as a director of Tronox, Inc. from 2005 to 2006. Mr. Rauh, as well as other Tronox and Kerr-McGee officers and directors, has been named as a defendant in a Complaint filed in the United States District Court for the Southern District of New York asserting securities law violations. The Court has dismissed the allegations that Mr. Rauh violated Section 10(b) of the Securities Exchange Act. Mr. Rauh currently remains in the case only with respect to allegations that he was a “control person” of Tronox under Section 20 of the Securities Exchange Act for approximately a four-month period. |
C. John Thompson |
Mr. C. John Thompson is Independent Director of Pioneer Energy Services Corp. Mr. Thompson currently serves as Chairman and Chief Executive Officer of Ventana Capital Advisors, Inc., a capital advisory company he founded in June 2004. Mr. Thompson has over 30 years experience in the energy capital business. Mr. Thompson has worked as a business consultant, in the energy capital business with Enron, the investment banking services business with a company he co-founded, Sagestone Capital Partners, and as the manager of the energy commercial banking business with InterFirst Bank in Houston. |
Scott Urban |
Mr. Scott D. Urban is Independent Director of Pioneer Energy Services Corp. Mr. Urban is a partner in Edgewater Energy, a consulting and investment firm focused on the oil and gas exploration and production industry and assisting private equity firms with upstream investments. Mr. Urban served as Group Vice President, Upstream, for BP PLC from 1999 to 2005 and served as BP’s Group Vice President, with responsibility for several profit centers including the North Sea, Atlantic, North American Onshore, Egypt and Middle East. Prior to joining BP, Mr. Urban held a variety of management positions with Amoco Corporation, including Group Vice President, Worldwide Exploration and Upstream Business Unit Manager, China. Mr. Urban received a Master’s Degree in geology and a Bachelor’s Degree in earth science from Bowling Green State University. Mr. Urban currently serves on the board of directors of Noble Energy, Inc. and has served as a board member of the UK Offshore Operators Association, the Business Council for International Understanding and the Netherlands Oil and Gas Exploration and Production Association. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Dean Burkhardt |
-- |
Stacy Locke |
2,746,350 |
Lorne Phillips |
1,196,640 |
Joseph Eustace |
1,004,410 |
Franklin West |
1,482,780 |
Carlos Pena |
950,489 |
John Rauh |
-- |
C. John Thompson |
-- |
Scott Urban |
-- |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
Dean Burkhardt |
0 | 0 |
Stacy Locke |
241,000 | 1,617,190 |
Lorne Phillips |
0 | 0 |
Joseph Eustace |
0 | 0 |
Franklin West |
760,000 | 6,773,300 |
Carlos Pena |
0 | 0 |
John Rauh |
0 | 0 |
C. John Thompson |
0 | 0 |
Scott Urban |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
THOMPSON C JOHN |
3,000 | $7.44 |
WEST FRANKLIN C |
100,000 | $4.77 |
THOMPSON C JOHN |
2,000 | $7.43 |
WEST FRANKLIN C |
74,376 | $7.48 |
THOMPSON C JOHN |
1,000 | $7.56 |
LOCKE WILLIAM STACY |
33,334 | $6.72 |
WEST FRANKLIN C |
1,739 | $6.69 |
PENA CARLOS R |
988 | $6.69 |
EUSTACE JOSEPH BROOKS |
1,004 | $6.69 |
LOCKE WILLIAM STACY |
138,334 | $0.00 |
LOCKE WILLIAM STACY |
42,000 | $0.00 |
LOCKE WILLIAM STACY |
5,366 | $6.50 |
LOCKE WILLIAM STACY |
94,634 | $6.40 |
THOMPSON C JOHN |
135 | $7.85 |
THOMPSON C JOHN |
2,000 | $7.70 |
THOMPSON C JOHN |
2,000 | $7.50 |
THOMPSON C JOHN |
2,500 | $8.05 |
THOMPSON C JOHN |
2,500 | $8.16 |
THOMPSON C JOHN |
2,500 | $8.15 |
THOMPSON C JOHN |
2,500 | $8.00 |
BURKHARDT DEAN A |
5,000 | $7.00 |
LOCKE WILLIAM STACY |
8,398 | $6.96 |
LOCKE WILLIAM STACY |
16,602 | $6.89 |
EUSTACE JOSEPH BROOKS |
7,150 | $6.90 |
THOMPSON C JOHN |
12,437 | $0.00 |

