PostRock Announces Appointment of Executive Vice President of Exploration and Geoscience
26 Aprile 2010 - 11:00PM
PostRock Energy Corporation (Nasdaq:PSTR) today announced the
appointment of Douglas K. Strickland as Executive Vice President of
Exploration and Geoscience. In this role, Mr. Strickland will
oversee all of PostRock's current and future exploration and
development efforts, including high-grading PostRock's current
drilling inventory in the Marcellus Shale and Cherokee Basin,
identifying new exploration opportunities and leading the
geological review of potential acquisitions.
David C. Lawler, President and CEO of PostRock said, "We are
very pleased to welcome a geologist of Doug's caliber to the
PostRock organization. Throughout his career, Doug has
demonstrated the ability to identify and develop material onshore
oil and natural gas fields including the discovery of the 100
million barrel Covenant Field in Utah, participation in the Madden
Deep Field in Wyoming and multiple discoveries in the Prairie du
Chien Field in Michigan. With his experience and proven leadership,
Doug will play an integral role in allowing us to execute our
growth plan."
Mr. Strickland brings over 32 years of oil and natural gas
exploration and development experience to PostRock. Mr. Strickland
joins PostRock from his own consulting firm where he has identified
numerous prospects for major and independent oil and natural gas
companies from 2007 to present. From 1999 to 2007, Mr.
Strickland served as Vice President of Exploration for Wolverine
Gas and Oil where he led the discovery of the Covenant Field. Prior
to Wolverine, Mr. Strickland was Owner and President of Manitou
Resources from 1992 to 1999 where he was involved in the discovery
of five producing oil and natural gas fields. From 1982 to 1991,
Mr. Strickland worked at W.R. Grace in roles of increasing
responsibility including Vice President of Exploration and
Exploration Manager and identified the potential of the Madden Deep
Field along with numerous discoveries in the Prairie du Chien
Field. Mr. Strickland began his career with Chevron in 1979 where
he served as a Structural Geologist.
Mr. Strickland holds a Bachelors degree in Geology from the
University of Southern Colorado, a Masters degree in Geology from
the University of Wisconsin-Milwaukee and has pursued doctoral work
at the University of Kansas. Mr. Strickland is a Certified
Petroleum Geologist, a member of the American Association of
Petroleum Geologists (AAPG), Rocky Mountain Association of
Geologists, Wyoming Geological Association and Montana Geological
Society. In 2010, the AAPG named Mr. Strickland as one of one
hundred geologists that have made a significant impact on the
American oil and natural gas industry over the past 100 years.
About PostRock Energy Corporation
PostRock Energy Corporation is a vertically integrated
independent energy company engaged in the acquisition, exploration,
development, production and transportation of oil and natural gas
in the Cherokee Basin, the Appalachian Basin, and Central
Oklahoma. PostRock has over 2,800 wells and nearly 2,200 miles
of natural gas gathering pipelines in the Cherokee Basin. The
Company also owns and operates nearly 400 natural gas and oil
producing wells and undeveloped acreage in the Appalachian Basin of
the northeastern United States and more than 1,100 miles of
interstate natural gas transmission pipelines in Oklahoma, Kansas,
and Missouri. For more information, visit PostRock's website
at www.pstr.com.
The PostRock Energy Corp. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=7221
CONTACT: PostRock Energy Corporation
Jack Collins, Chief Financial Officer
www.pstr.com
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