Escalera Resources Co. (NasdaqGS: ESCR) appointed Susan G. Reeves to its board of directors, the company said April 14.
Reeves has more than 25 years’ experience in the energy and financial services sectors, the company said. She is president of Public Gas Partners, a nonprofit that is jointly owned by more than 130 natural gas distributors, Escalera Resources said. She is also the CFO of the Municipal Gas Authority of Georgia, the company noted.
She previously worked for Deloitte and Touche LLP and other companies, Escalera Resources said.
She graduated from the University of Texas at Austin and is a certified public accountant in Georgia, the company said.
Charles F. Chambers, chairman and CEO, said "I am very pleased that Susan has agreed to be a director for Escalera Resources; her proven track record in initiating and executing large strategic acquisitions along with her financial expertise will be extremely valuable as we strive to grow the company."
He added, "I am confident that we have a slate of directors who will help us fulfill our business strategy of making Escalera Resources a world class company with both E&P and midstream assets in North America and internationally."
Escalera Resources Co., formerly Double Eagle Petroleum, is based in Houston and explores, develops and produces domestic oil and natural gas.
Recommended Reading
Oceaneering Won $200MM in Manufactured Products Contracts in Q4 2023
2024-02-05 - The revenues from Oceaneering International’s manufactured products contracts range in value from less than $10 million to greater than $100 million.
E&P Highlights: Feb. 5, 2024
2024-02-05 - Here’s a roundup of the latest E&P headlines, including an update on Enauta’s Atlanta Phase 1 project.
CNOOC’s Suizhong 36-1/Luda 5-2 Starts Production Offshore China
2024-02-05 - CNOOC plans 118 development wells in the shallow water project in the Bohai Sea — the largest secondary development and adjustment project offshore China.
TotalEnergies Starts Production at Akpo West Offshore Nigeria
2024-02-07 - Subsea tieback expected to add 14,000 bbl/d of condensate by mid-year, and up to 4 MMcm/d of gas by 2028.
US Drillers Add Oil, Gas Rigs for Third Time in Four Weeks
2024-02-09 - Despite this week's rig increase, Baker Hughes said the total count was still down 138 rigs, or 18%, below this time last year.