Edition:
India

Extraction Oil & Gas Inc (XOG.OQ)

XOG.OQ on NASDAQ Stock Exchange Global Select Market

15.26USD
1:28am IST
Change (% chg)

$0.42 (+2.83%)
Prev Close
$14.84
Open
$14.90
Day's High
$15.31
Day's Low
$14.89
Volume
144,848
Avg. Vol
410,306
52-wk High
$20.65
52-wk Low
$11.31

Summary

Name Age Since Current Position

Mark Erickson

57 Chairman of the Board, Chief Executive Officer

Matthew Owens

30 President, Director

Russell Kelley

41 2014 Chief Financial Officer

Tom Brock

44 2016 Chief Accounting Officer, Vice President

Eric Christ

37 2016 Vice President, General Counsel, Corporate Secretary

Peter Leidel

60 2017 Lead Independent Director

John Gaensbauer

46 Director

Patrick O'Brien

67 2016 Director

Marvin Chronister

66 2016 Independent Director

Donald Evans

70 2016 Independent Director

Wayne Murdy

73 2016 Independent Director

Louis Baltimore

2017 Director - Investor Relations

Biographies

Name Description

Mark Erickson

Mr. Mark A. Erickson is Chairman of the Board, Chief Executive Officer of the Company. From 2010 to 2014, he served as Chairman and CEO of Denver-based PRL, a privately held oil and gas exploration and development company, where he remains as Chairman of the Board. From 2001 to 2010, Mr. Erickson served as CEO, President and Director of publicly traded Gasco Energy, Inc. ("Gasco Energy"), a Uinta Basin-focused oil & gas company which he co-founded. Mr. Erickson served as President of Pannonian Energy Inc. from mid-1999 until it merged with Gasco Energy in February 2001. In late 1997, Mr. Erickson co-founded Pennaco Energy, Inc. ("Pennaco"), a publicly traded oil and gas company with properties in Wyoming's Powder River Basin. He served as an officer and director of Pennaco from its inception until mid-1999. Mr. Erickson began his career at North American Resources, which was the exploration and production subsidiary of Montana Power Company. A Helena, Montana native, Mr. Erickson has over 30 years of experience in business development, finance, strategic planning, marketing, project management and petroleum engineering. He holds an M.S in mineral economics from the Colorado School of Mines and a BS in petroleum engineering from the Montana College of Mineral Science and Technology.

Matthew Owens

Mr. Matthew R. Owens is President, Director of the Company. He is our co-founder and President. From 2008-2010, he served as Operations Engineer for Gasco Energy, working deep, high-pressured gas in the Uinta Basin. While at Gasco Energy, he drilled and completed over 50 wells in the Mancos, Blackhawk and Mesaverde formations. From 2010-2012, Mr. Owens worked at PDC Energy, an oil and gas exploration and development company with a primary focus on the Wattenberg Field, as an Operations Engineer, leading the horizontal completion and production activities in the Wattenberg Field. He completed over 45 horizontal Codell and Niobrara wells and was responsible for optimizing production for the program. Mr. Owens has been our President since our formation in 2012, which, at the time, was a wholly owned subsidiary of PRL. Mr. Owens holds a BS degree in petroleum engineering from the Colorado School of Mines.

Russell Kelley

Mr. Russell T. Kelley, Jr. is Chief Financial Officer of the Company. He has served as our Chief Financial Officer since July 2014. Prior to joining us, he ran the Oil & Gas practice of Moelis & Company, a global investment bank, from 2011 to 2014, where he was a partner and managing director covering upstream and integrated oil & gas companies. From 2005 to 2011, he worked at Goldman, Sachs & Co., a global investment bank, where he was a Senior Vice President. In such roles, Mr. Kelley has executed over $70 billion of M&A/advisory assignments and has led capital market transactions raising over $15 billion for clients. He has been in the energy and financial sector since 1998, with experience in commodities trading, corporate development and investment banking. He holds a MBA from The Wharton School at the University of Pennsylvania where he graduated as a Palmer Scholar and a BA from Vanderbilt University.

Tom Brock

Mr. Tom L. Brock serves as Chief Accounting Officer, Vice President of the Company. He has served as our Vice President, Chief Accounting Officer since October 2016. Prior to that time, Mr. Brock served as our Senior Director of Accounting since August 2016. Prior to joining us, Mr. Brock served as Vice President, Chief Accounting Officer and Corporate Controller of the American Midstream GP, LLC and American Midstream Partners, LP from November 2013 until his resignation in August 2016. Mr. Brock had previously served as Vice President and Corporate Controller of American Midstream GP, LLC and American Midstream Partners LP from July 2012 until November 2013. Prior to that, Mr. Brock held the position of Director of Trading and Finance with BG Group in Houston, Texas, where he controlled accounting and other functions for its marketing and trading companies beginning in July 2010. Mr. Brock began his career with KPMG LLP, where he spent 13 years holding various positions serving clients in the energy industry. Mr. Brock holds a Bachelor of Accountancy from New Mexico State University and is a CPA licensed in the State of Texas.

Eric Christ

Mr. Eric J. Christ is Vice President, General Counsel, Corporate Secretary of the company. Prior to joining us, Mr. Christ served as Vice President, Corporate Secretary and General Counsel at VAALCO Energy Inc. from January 2015 to November 2016. Prior to joining VAALCO, Mr. Christ served as Vice President, General Counsel and Corporate Secretary of Midstates Petroleum Company, Inc. from November 2013 to January 2015 and as its Assistant Corporate Counsel from September 2012 to November 2013. Mr. Christ began his legal career at Porter Hedges LLP in 2005 and continued on to practice corporate and securities law at Vinson & Elkins LLP from 2006 until 2010, where he represented a variety of energy companies. Mr. Christ holds a Bachelor of Arts, with honors, from Amherst College and a J.D., with honors, from the University of Texas School of Law.

Peter Leidel

Mr. Peter A. Leidel is Lead Independent Director of the Company. He has served as a member of our board of directors since our inception and as a director of PRE since June 2012. Mr. Leidel is a member of Yorktown, a position he has held since he co-founded it in September 1990. Previously, he was a partner of Dillon, Read & Co. Inc.'s venture capital group, an investment bank, held corporate treasury positions at Mobil Corporation, an oil and gas company, and worked for KPMG LLP, an accounting firm, and for the U.S. Patent and Trademark Office. Mr. Leidel is a director of Mid-Con Energy Partners L.P. and Carbon Natural Gas Company and is also a director of certain non-public companies in the energy industry in which Yorktown's funds hold equity interests. He is also a director of the University of Wisconsin Foundation. He is a graduate of the University of Wisconsin, with a BBA degree in accounting and of the Wharton School at the University of Pennsylvania, with a MBA.

John Gaensbauer

Mr. John S. Gaensbauer is Director of the Company. He has served as a member of our board of directors since our inception. Mr. Gaensbauer is a managing director in the energy and natural resources practice at Headwaters MB, a Denver-based investment banking firm ("Headwaters"). Prior to joining Headwaters in May 2016, Mr. Gaensbauer was a partner at Sierra Partners LLC, an advisory firm that he helped found in 2007, which provides strategic and financial planning, management and transactional support to clients in the global resources industry. Mr. Gaensbauer is also a director of PRL, a position he has held since February 2011. Mr. Gaensbauer has an extensive background in international mining and natural resources transactions and finance. Prior to joining Sierra Partners, Mr. Gaensbauer served as Group Executive, Investor Relations for Newmont Mining Corporation ("Newmont"), a mining company and one of the world's largest producers of gold. Prior to that, Mr. Gaensbauer served as in-house counsel to Newmont, managing the legal affairs and transactions for Newmont's West African, Central Asian and European operations. Mr. Gaensbauer holds a BA degree from Cornell University and Master of Finance and JD degrees from the University of Denver.

Patrick O'Brien

Mr. Patrick D. O'Brien serves as Director of the Company. He has been nominated to serve on our board of directors, effective concurrently with this offering. Since September 2011, Mr. O'Brien has served as an advisor to PRL and, since July 2012, Mr. O'Brien has served as a board member of, and advisor to Elk Meadows Energy Corporation, a private oil and gas exploration and production company. From 2003 until 2010, Mr. O'Brien served as CEO of American Oil & Gas, which was acquired by Hess Corporation. Mr. O'Brien co-founded Tower Colombia Corporation in 1995 and served as its CEO and President. He co-founded Tower Energy Corporation in 1984 and Tower Drilling Company in 1980. In 1980, he joined Montana Power Company as Senior Petroleum Engineer with the responsibility for design, long-range planning and performance economics for its exploration and development programs. He joined the Colorado Interstate Gas Company in 1974, where he was responsible for the design, acquisition and development of company-owned gas storage fields. Mr. O'Brien began his career in the oil and gas industry with the Dowell Division of Dow Chemical Company, where he engineered and supervised all phases of well stimulation and cementing. He has over 30 years of experience working the DJ Basin and the Powder River Basin. Mr. O'Brien received his BS in Petroleum Engineering from the Montana Tech.

Marvin Chronister

Mr. Marvin M. Chronister serves as Independent Director of the Company. He has been nominated to serve on our board of directors, effective concurrently with this offering. Mr. Chronister is currently the owner of Enfield Companies, which is engaged in consulting and investment activities in the oil and gas sector. Mr. Chronister previously served as Interim Chief Executive Officer and Interim President of Bonanza Creek Energy, Inc., a domestic energy exploration and production company, from January 2014 until November 2014 and as a director of Bonanza Creek Energy, Inc., from 2011 to June 2016. From September 2009 until December 2010, Mr. Chronister served as Chairman and interim CEO of Sonde Resources Corp., an oil and gas exploration and production company focused on Western Canada and North Africa, where he also served as a director from 2009 to 2012. Mr. Chronister's prior professional experience includes roles at Deloitte & Touch, LLP, Kidder Peabody, Merrill Lynch, Transwestern Investments, Kiddie Corporation, and N.L. Industries. Mr. Chronister has previously served on the boards of Saratogo Resources, Inc., Harken Energy Corporation, Creel Energy Corporation, Resource Development Corporation, Transwestern Investments, Inc., and Electro-Marine, Inc. Mr. Chronister holds a Bachelor of Business Administration degree from Stephen F. Austin State University.

Donald Evans

Mr. Donald L. Evans serves as Independent Director of the Company. He is currently serves as a Senior Partner and Principal at Quintana Capital Group, L.P., where he has served since December 2006, and as a Senior Advisor at Energy Capital Partners, where he has served since July 2006. From February 2010 to March 2014, Mr. Evans served as a director of Genesis Energy LLC. Prior to that, Mr. Evans served as Secretary of Commerce of the United States Department of Commerce from 2001 to 2005 and served as the Chief Executive Officer at the Financial Services Forum from June 2005 to 2007. Mr. Evans currently serves as the Non-Executive Chairman at Energy Future Holdings Corp. where he has served since October 2007, and as a director at Energy Future Intermediate Holding Company LLC. Mr. Evans is currently the Chairman of the George W. Bush Foundation and has previously served as the Chairman of the Board of Regents of the University of Texas System. Mr. Evans received his BS in Mechanical Engineering and M.B.A. from the University of Texas in Austin.

Wayne Murdy

Mr. Wayne W. Murdy, CPA serves as Independent Director of the Company. He is retired as Chairman and CEO of Newmont Mining Corporation in 2007. He joined Newmont in 1992 and served as Chief Financial Officer and later President prior to being elected CEO in 2001. Newmont is a major gold producer with total assets of $25 billion on five continents. He is a Director for BHP Billiton and is a Trustee of the Denver Art Museum, The Papal Foundation, St. John Vianney Theological Seminary and a member of the College of Engineering Advisory Council at the University of Notre Dame. He was a founding board member of the Partnering Against Corruption Initiative of the World Economic Forum, a past Chairman of the International Council on Mining and Metals, a past Director of the National Mining Association and a former member of the Manufacturing Council of the United States Department of Commerce. He has served as a Director of six NYSE-listed companies. Prior to joining Newmont, Mr. Murdy spent 15 years in senior financial positions in the oil and gas industry, first with Getty Oil Company and later as Chief Financial Officer of Apache Corporation. He began his business career in public accounting.

Louis Baltimore

Basic Compensation