LIGHTNING RELEASES 03/04/14 – Encore Energy announced today that Steve Stengell is scheduled to speak at the 4th Annual Utica & Marcellus NGL & Takeaway Congress 2014 in Columbus, Ohio. http://www.utica-marcellus-ngl-markets-2014.com/
Mr. Stengell is President CEO of Encore Energy, Inc. and specializes in lease acquisition, management and the development of oil and natural gas properties.
Encore has facilitated multiple oil and gas lease transactions with major Utica Shale operator(s). Encore also transacted the sale of a “shallow oil” 2,500-acre producing property in Ohio and has access to large acreage plays and producing properties throughout the Eastern US. Encore has recently announced plans to drill up to ten wells in Western Kentucky targeting oil from multiple formations.
As the former President CEO of publicly traded E & P Company with 50+ employees, Allied Operating TX and OK, audited financial statements and $27 million in revenue, Mr. Stengell served as an operator in Texas and Oklahoma. Mr. Stengell is responsible for supervising horizontal discoveries in the Georgetown Buda and Woodbine Sand of Texas including the Wallrath #1H horizontal Woodbine well in Leon County, Texas that produced 58,000 BO in its first year of production. Halcon Resources acquired this project.
Mr. Stengell was the recipient of the Bowling Green “2010 Business of the Year” Community Impact Award and completed both the 2004 IPAA Harvard Executive Management Program and the 2006 Texas A & M Petroleum Engineering “Reserves and Valuation” Graduate Certificate Program.
Mr. Stengell previously participated as an expert speaker at the 2013 Utica Shale Congress in Columbus, Ohio and the 2013 Condensate Marketing Congress in Houston.
The American Oil and Gas Reporter magazine released a feature article about Encore Energy, Inc. and Steve Stengell’s professional experience, http://www.aogr.com/magazine/editors-choice/experienced-executives-form-new-companies-to-find-oil-liquids
For more information regarding Encore Energy, Inc., please contact Joseph Hooper at (270) 842-1242 ext. 224 or Bill Moore at ext. 230.