Shelby Beattie, President and CEO

Mr. Shelby D. Beattie has over 35 years industry experience specializing in exploration, production, and project management. He has been involved in the oil and gas business as a director or member of executive management since 1980. Working as a landman from 1980 to 1982, he was Vice President of mineral leasing for Newport Oil & Gas, Inc., a private oil and gas company. From 1982 to 1992, he was Director and Vice President of Phoenix Oil and Gas, and project-managed the development of over 200 oil and gas wells and associated mineral leases. He has served as a Director of the Corporation since 1997, as Chief Financial Officer of the Corporation from 1997 to 2005, as President since September 2001 and CEO since February 2005.                   

Mike Rice, CFO, VP and Secretary

Mr. Michael L. Rice has over 16 years of industry experience specializing in energy financing and production operations. Mr. Rice started working for the Corporation at the Company's inception and has held a variety of positions such as Secretary and Treasurer during this time. Mr. Rice has specialized in compliance and operations management for over 13 years. Mr. Rice graduated from the University of Utah with a B.Sc. in Economics and Consumer Studies, and has managed the Company’s day-to-day operations for more than 13 years.

Gibson C. Scott, COO

Mr. Gibson C. Scott has over 37 years of global industry experience. He is Director since April 2003 and Chief Operating Officer of the Corporation since February 2005. Mr. Scott has a 29-year history as a senior management professional with Sperry-Sun Drilling Services. He was Country Manager (Canada) with Sperry from 2000 to 2003. He is currently the President of TrueBore Consulting Inc. Mr. Scott is experienced in foreign business relations and negotiations, strategic business planning, and mergers and acquisitions.

Andrew Alff, Geologist

Andrew Alff has been a geologist working in Texas since he graduated cum laude from the University of Wisconsin – Eau Claire with a bachelor’s degree in May of 1979.  Out of college he provided geology for a number of small oil companies in the Luling-Branyon field area of Caldwell County, Texas.  His consulting work resulted in the discovery of several new oil fields and wells under 2500’ that began production in excess of 100 barrels per day. He went from working the shallow fields in Caldwell County to working in Houston, Texas for a geophysical and geological consulting company mapping offshore Louisiana for major oil companies such as Exxon and British Petroleum.  When oil prices plummeted in the late 1980’s he went back to being a consulting geologist.  Most recently, his work in the Salt Flat Edwards field in Caldwell County, Texas has resulted in over 4 million barrels of oil being produced since 2007.

Hugh Scott, Landman

Hugh Scott has over 30 years industry experience specializing in mineral rights acquisition and management.