Asher Xino Corp., Colorado Springs, Colo., (Pink Sheets: XNCP) has named Chris K. Wilmot chairman. He held several executive management positions with major oil companies including Atlantic Richfield (Arco) and is chief executive and president of WCW International Inc.
Bayo O. Odunuga has been named CEO. He has experience as an energy advisor and project manager with PriceWaterhouseCoopers and EDS Corp. and is a co- founder and former CEO of Rosegate Synergistic Inc.
Jack M. Webb has been named to its board. He is an attorney and founder and CEO of Houston-based workout companyJack Webb and Associates and held several executive banking and energy industry positions including Shell Corp.
Jimmy G. Delano has been named to its board. He was vice president, international sales and marketing for Gillette and Polaroid in Africa.
Warren H. Anderson has been named chief technical officer. He is a geologist and engineer with more than 30 years of experience in petroleum E&P and was president of Asher Energy Corp.
William Coffey has resigned as secretary of the board.
Asher Xino is seeking oil and gas assets in Africa.
Recommended Reading
Canadian Railway Companies Brace for Strike
2024-04-25 - A service disruption caused by a strike in May could delay freight deliveries of petrochemicals.
Talos Energy Expands Leadership Team After $1.29B QuarterNorth Deal
2024-04-25 - Talos Energy President and CEO Tim Duncan said the company has expanded its leadership team as the company integrates its QuarterNorth Energy acquisition.
Energy Transfer Ups Quarterly Cash Distribution
2024-04-25 - Energy Transfer will increase its dividend by about 3%.
Guyana’s Stabroek Boosts Production as Chevron Watches, Waits
2024-04-25 - Chevron Corp.’s planned $53 billion acquisition of Hess Corp. could potentially close in 2025, but in the meantime, the California-based energy giant is in a “read only” mode as an Exxon Mobil-led consortium boosts Guyana production.
CNX, Appalachia Peers Defer Completions as NatGas Prices Languish
2024-04-25 - Henry Hub blues: CNX Resources and other Appalachia producers are slashing production and deferring well completions as natural gas spot prices hover near record lows.