Empire Petroleum Expands Executive Management Team
2022年10月19日 - 9:00PM
ビジネスワイヤ(英語)
Empire Petroleum (NYSE American: EP) (“Empire” or the
“Company”), today announced that J. Kevin Vann has joined Empire as
an executive officer in the newly created position of Vice
President, Finance and Strategic Planning. Mr. Vann has over 25
years of energy industry and public accounting experience in a
variety of financial, accounting, and strategic M&A roles.
Mr. Vann will have primary responsibility for the Company’s
financial planning and analysis efforts, lead Empire’s strategic
planning, assist with capital markets initiatives, and provide
other strategic oversight. Mr. Vann was most recently Executive
Vice President and Chief Financial Officer at WPX Energy (“WPX”), a
publicly traded energy company that merged with Devon Energy
Corporation (“Devon”) (NYSE: DVN) in 2021.
Tommy Pritchard, Chief Executive Officer of Empire, commented,
“We are delighted to have Kevin join the Empire executive team. He
has enjoyed a highly successful career in the energy industry and
his deep experience in capital allocation, equity and debt
issuances, strategic M&A, hedging and risk management and other
corporate activities will be invaluable as we prudently grow our
business.”
Mike Morrisett, President of Empire, added, “Kevin has a long
history of providing strategic leadership to professionals managing
treasury, planning, accounting, investor relations, information
technology, human resources, internal audit and other activities.
We look forward to having his extensive skill set as we further
build out our investor outreach, financial planning and other
corporate functions.”
“I am pleased to join the Company and look forward to
collaborating closely with the executive team, the Board of
Directors and the rest of the Empire team,” said Kevin Vann. “The
Company is well-positioned with a strong asset base and a long
runway of opportunities. I am encouraged by the targeted plan that
has been developed to build a company that is recognized for
strategic and operational excellence, while maintaining and
enhancing a strong financial position.”
Mr. Vann joined WPX in 2012 as Vice President, Controller and
Chief Accounting Officer and was promoted to Executive Vice
President and Chief Financial Officer (“EVP & CFO”) in 2014.
During his tenure as EVP & CFO, he played a leading role in
helping transform WPX through in excess of $8 billion in
transactions over a three-year period that resulted in an
organization with more than $2 billion in annual revenue,
approximately 600 employees and a market capitalization in excess
of $5 billion when the company merged with Devon in January 2021.
Prior to his tenure at WPX Energy, Mr. Vann had multiple roles of
increasing responsibility at The Williams Companies from 1998 to
2011. He began his career in 1993 with Arthur Anderson & Co.,
where he oversaw public and private client audits in the oil and
gas exploration and services, pipeline, and banking industries. Mr.
Vann graduated from Oklahoma State University and is an active
supporter of the Tulsa community, including previously serving as a
Board Member for APCO Argentina, Tulsa Area United Way, Harold Hamm
Diabetes Center, and Youth Services of Tulsa. Mr. Vann is also a
member of the Cherokee Nation.
About Empire Petroleum
Empire Petroleum Corporation is a publicly traded, Tulsa-based
oil and gas company with current producing assets in Texas,
Louisiana, North Dakota, Montana, and New Mexico. Management is
focused on organic growth and targeted acquisitions of proved
developed assets with synergies with its existing portfolio of
wells. More information about Empire can be found at
www.empirepetroleumcorp.com.
Safe Harbor Statement
This release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934. Forward-looking
statements involve a wide variety of risks and uncertainties, and
include, without limitations, statements with respect to the
Company’s estimates, strategy and prospects. Such statements are
subject to certain risks and uncertainties which are disclosed in
the Company’s reports filed with the SEC, including its Form 10-K
for the fiscal year ended December 31, 2021, and its other filings
with the SEC. Readers and investors are cautioned that the
Company’s actual results may differ materially from those described
in the forward-looking statements due to a number of factors,
including, but not limited to, the Company’s ability to acquire
productive oil and/or gas properties or to successfully drill and
complete oil and/or gas wells on such properties, general economic
conditions both domestically and abroad, and other risks and
uncertainties related to the conduct of business by the
Company.
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version on businesswire.com: https://www.businesswire.com/news/home/20221019005286/en/
Empire Petroleum Corporation: Tommy Pritchard, CEO Mike
Morrisett, President 539-444-8002 info@empirepetrocorp.com
Investor Relations: Al Petrie Advisors Wes Harris, Partner
713-300-6321 wes@alpetrie.com
Empire Petroleum (AMEX:EP)
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から 2 2025 まで 3 2025
Empire Petroleum (AMEX:EP)
過去 株価チャート
から 3 2024 まで 3 2025