The Board of Directors
Richard Dole - Director, CEO and President
Mr. Dole is the CEO and President of the Company, and has served as a Director of the Company since 2005. He served as Chairman of the Board through November 2013, and Chairman of the Audit Committee from 2005 until his election as CEO in early September 2008. Mr. Dole also served as Chairman, CEO and President of Petrosearch Energy Corporation from 2004 to August 2009, when Petrosearch merged with the Company. He also previously served as Vice President and Chief Financial Officer for Burlington Resources International, and as a Director, a member of the Audit Committee and a designated financial expert of Westport Resources Corporation until Westport was merged into Kerr McGee Corp in 2004.
Mr. Dole was with PricewaterhouseCoopers (formerly Coopers & Lybrand) where he served as Assurance and Business Advisory Partner for nearly 20 years. During that period he served in numerous senior management roles, including as National Chairman for the Energy and Natural Resources Industry practices for over 15 years and as the Vice Chairman for the U.S. Process Management business unit. He also was the National Partner-in-Charge of Business Process Solutions at KPMG
Mr. Dole has been in the energy and finance businesses for nearly 40 years. He has worked in most sectors of the energy industry including exploration, production, transportation and marketing, both domestically and internationally. He also has broad functional knowledge in strategy, business processes, and finance - with significant experience in leading business units, working with capital markets, evaluating alternative financings, risk management programs, economic analysis, acquisitions and divestitures, and corporate mergers.
He has written and spoken on numerous energy and finance topics during his career.
Sigmund Balaban - Director
Mr. Balaban has served as a Director of the Company since 2005. Mr. Balaban serves as the Chairman of the Compensation Committee. Mr. Balaban served as Senior Vice President / Corporate Secretary, of Fujitsu General America, Inc. of Fairfield, New Jersey, from 2000 until July of 2001 when he retired. Prior to that time, Mr. Balaban was Vice President, Credit of Teknika Electronics beginning in 1986 and served as Senior Vice President and General Manager of Teknika Electronics beginning in 1992. In October 1995, Teknika Electronics changed its name to Fujitsu General America, Inc. Fujitsu General America, Inc. is a subsidiary of Fujitsu General, Ltd., a Japanese multiline manufacturer. Mr. Balaban was also a member of the Board of Directors of ARC Wireless Solutions, Inc. (OTCBB: ARCS) from December 1994 until November 2008. He served as chairman of its Audit Committee from July 2002 until November 2008.
Roy G. Cohee - Director
Mr. Cohee has served as a Director of the Company since 2001, and currently serves as Chairman of the Board. He has served as President of C & Y Transportation Co. since 1986. C & Y Transportation Co. started business in Casper, Wyoming in 1966 and is a privately held company focused on the transportation and storage of oil field equipment and supplies throughout the Western U.S. and Canada. Mr. Cohee served in the Wyoming Legislature from 1999 through 2010 in a variety of positions, including chairman of House Revenue, House Transportation and Highways, Select Committee on Local Government Finance, Capital Finance and Investments, Majority Floor Leader and Speaker of the House. Mr. Cohee attended Casper College.
Brent Hathaway - Director
Mr. Hathaway was appointed a member of the Board of Directors of the Company in September 2008 and currently serves as the Chairman of the Nominating and Corporate Governance Committee. He currently serves as Dean of the Lee Business School at the University of Nevada Las Vegas and previously served as Dean of the College Business at the University of Wyoming.
Mr. Hathaway was previously Vice President of Marketing and Sales, Aerospace Services (a $2.5 billion business unit of Honeywell International) and served as Director of Marketing, Agricultural Equipment, and President and General Manager for Concord Inc., (a Case Corporation business unit). Prior to Case Corporation, he served as Branch Manager and Regional General Manager over field sales, service, and support operations for a technology company, as well as consulting to that industry for 5 years.
Mr. Hathaway has a Bachelors degree from Utah State University, a Masters degree from Purdue University and a PhD from the University of Illinois.
Taylor Simonton - Director
Mr. Simonton was appointed a member of the Board of Directors of the Company in October 2013, and currently serves as Audit Committee Chairman. Mr. Simonton spent 35 years at PricewaterhouseCoopers LLP ("PwC"), including 23 years as an audit partner in the firm's Accounting and Business Advisory Services practice before retiring in 2001. During his career at PwC, he served as the engagement partner on the audits of several energy companies, including Total Petroleum (North America ) Ltd., Hanover Petroleum Corporation, Amoco Columbia S.A. and Calvin Exploration, Inc. Mr. Simonton currently serves as lead director and audit committee chairman of Keating Capital, Inc. From 2005 to May 2013, Mr. Simonton served as a director of Red Robin Gourmet Burgers, Inc. where he was audit committee chairman from 2005 to 2009. He also previously served on the board of directors of Fisher Imaging Corporation from 2003 to 2007 and as the audit committee chairman of Zynex Inc. through January 2014. Mr. Simonton is a director, past chairman, and past president of the Colorado Chapter of the National Association of Corporate Directors ("NACD") and is a NACD Board Leadership Fellow, a credential held by less than 250 directors in the U.S. Mr. Simonton received his B.S. in Accounting from the University of Tennessee and holds an active Certified Public Accountant license.