QualityStocks would like to highlight Gasco Energy, Inc. (NYSE AMEX: GSX), a natural gas and petroleum exploitation, development and production company engaged in locating and developing hydrocarbon resources, primarily in the Rocky Mountain region. Gasco's principal business is the acquisition of leasehold interests in petroleum and natural gas rights, either directly or indirectly, and the exploitation and development of properties subject to these leases. Gasco currently focuses its drilling efforts in the Riverbend Project located in the Uinta Basin of northeastern Utah, targeting the Wasatch, Mesaverde, Blackhawk, Mancos, Dakota and Morrison formations.
In the company’s news yesterday, Gasco Energy announced the addition of Richard P. Crist to the newly created role as the company’s vice president of business development and exploration. Crist has more than 42 years of oil and gas experience, which entails a wide range of managerial and technical expertise and 25 years in corporate and senior management roles.
Crist’s previous roles include his tenure as chief operating officer and founder of White Birch Energy, a Denver-based start-up company focused on providing technical consulting to international exploration and production companies; executive vice president and chief operating officer and later as executive vice president of business development for Elk Resources, a privately held, Denver-based oil and gas company focused on the US Rocky Mountain region; as well as various senior technical and business development positions for energy companies including, GLOBEX Energy, Inc., Triton Energy Corporation, The Superior Oil Company and Sinclair/Atlantic Richfield.
Crist earned a degree in engineer geophysics with a minor in geology from the Colorado School of Mines in Golden, Colo. He is a member of the Society of Exploration Geophysicists and the American Association of Petroleum Geologists and is a certified petroleum geologist.
“On behalf of Gasco, I would like to welcome Dick Crist to the Gasco management team,” King Grant, Gasco’s CEO and president stated in the press release. “We have known Dick through his work in the Denver oil and gas community and are fortunate to have attracted a professional who brings an extensive industry contact base essential for his business development function. Equally important is his technical prowess in geophysics, engineering and geology that can help him properly assess the new opportunities that we generate at Gasco.”
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Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
