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Lonestar Resources US Inc (LONE.OQ)

LONE.OQ on NASDAQ Stock Exchange Global Market

3.30USD
15 Dec 2017
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Summary

Name Age Since Current Position

John Pinkerton

63 2017 Independent Chairman of the Board

Frank Bracken

53 Chief Executive Officer, Director

Douglas Banister

54 2014 Chief Financial Officer

Barry Schneider

54 2014 Chief Operating Officer

Thomas Olle

62 2013 Senior Vice President - Operations

Jana Payne

55 2015 Vice President - Geosciences

John Murray

70 2016 Director

Matthew Ockwood

2017 Director

Phillip Pace

2017 Director

Daniel Lockwood

59 2014 Non-Executive Director

Christopher Rowland

62 2013 Non-Executive Director

Henry Ellis

67 2016 Independent Director

Stephen Oglesby

67 2017 Independent Director

Randy Wolsey

67 2017 Independent Director

Biographies

Name Description

John Pinkerton

Mr. John H. Pinkerton is an Independent Chairman of the Board of the Company. Mr. Pinkerton has served as a Director since August 2014 and became Chairman of the Board in August 2016. He has been a director of Range Resources Corporation (NYSE: RRC) since 1988 and was Chairman of its Board of Directors from 2008 until January 2015. He joined Range as President in 1990 and served as Chief Executive Officer from 1992 until 2012. Prior to joining Range, Mr. Pinkerton served in various capacities at Snyder Oil Corporation for twelve years, including the position of Senior Vice President. Mr. Pinkerton received his Bachelor of Arts degree in Business Administration from Texas Christian University, where he now serves on the board of trustees, and a Master’s degree from the University of Texas at Arlington. During his 27-year tenure Range Resources grew from its small cap origins to be a $13 billion dollar enterprise with a pre-eminent position in the Marcellus Shale. As CEO of Range Resources, Mr. Pinkerton established the technical expertise to enable a drilling-led strategy complemented by bolt-on acquisitions where synergies would enhance growth. This resulted in a rapid and impressive increase in the scale of the business, and seven consecutive years of double-digit growth in both production and reserves (adjusted for debt). Mr. Pinkerton has widespread skill in the management, acquisition and divestiture of oil and gas properties—including related corporate financing activities—hedging, risk analysis and the evaluation of drilling programs. He has represented the industry in policy matters, serving on the executive committee of America’s Natural Gas Alliance. We believe that Mr. Pinkerton’s experience at oil and natural gas exploration companies qualify him for service on our board of directors.

Frank Bracken

Mr. Frank D. Bracken, III, serves as Chief Executive Officer, Director of Lonestar Resources US Inc. Mr. Bracken has served in this position since January 2012 and has served as a director and Chief Executive Officer of Lonestar Resources, Inc., our wholly-owned subsidiary, since January 2012. Mr. Bracken previously served as Senior Managing Director of Sunrise Securities from September 2008 to December 2011 and as Managing Director of Jefferies LLC from November 1999 to August 2008. During that time, Mr. Bracken led oil and natural gas transactions, spanning from public and private equity and debt offerings to joint ventures in the Haynesville Shale to one of the first purchases of a publicly-traded oil & gas company by a private equity firm. As Chief Financial Officer and a member of the board of directors at Gerrity Oil & Gas Corp, an NYSE-listed exploration and production company, Mr. Bracken was responsible for corporate budgeting and development, acquisitions, equity and debt financing in public and private offerings, and acquisitions and divestitures. Mr. Bracken holds a Bachelors of Arts degree from Yale University.

Douglas Banister

Mr. Douglas W. (Doug) Banister serves as Chief Financial Officer of Lonestar Resources US Inc. Mr. Banister has served in this position since January 2014 and previously served as Chief Accounting Officer of Lonestar Resources, Inc., our wholly-owned subsidiary since August 2010. Mr. Banister is a Certified Public Accountant with 30 years of experience in finance, planning, negotiating and business development. Mr. Banister began his career in public accounting with Ernst & Young, where he served in various accountant roles between June 1984 and December 1987. Between December 1987 and April 1990, Mr. Banister served as Corporate Controller for D.R. Horton, Inc. and, between October 2004 and October 2005, served as VP of finance for Richmond American Homes. Mr. Banister holds a B.B.A. from Texas Wesleyan University with an emphasis in accounting.

Barry Schneider

Mr. Barry D. Schneider is Chief Operating Officer at Lonestar Resources US Inc. Mr. Schneider has served in this position since May 2014. Prior to joining the company, Mr. Schneider held the position of Vice President—Northern Region for Denbury Resources, Inc. from January 2012 to May 2014. Mr. Schneider was at Denbury for 15 years and held positions of increasing responsibility. After holding the positions of Vice President, Production & Operations, Mr. Schneider was promoted to Vice President-East Region in October 2009 and held that position until January 2012 when he became responsible for Denbury’s Northern Region business unit. Prior to Denbury, Mr. Schneider was employed by Wiser Oil and Conoco-Philips. Mr. Schneider received his B.S. in Natural Gas Engineering from Texas A&M—Kingsville in 1985.

Thomas Olle

Mr. Thomas H. (Tom) Olle serves as Senior Vice President - Operations of Lonestar Resources US Inc. Mr. Olle has served in this position since August 2010. Mr. Olle has over 35 years of oil and gas industry experience in multiple facets of the business, such as reservoir management and management of unconventional resource development projects including horizontal well field development and tertiary recovery projects. Mr. Olle also has significant experience with reserve evaluation and reporting, production engineering and operations, and business development functions including acquisitions, divestitures and new ventures. During his tenure at Encore Acquisition Company, Mr. Olle served as Vice President-Strategic Solutions and also held executive positions responsible for asset management and engineering. He also served as Senior Engineering Advisor for Burlington Resources from December 1985 to March 2002 and District Reservoir Engineer for Southland Royalty Company from May 1982 to December 1985. Mr. Olle holds a Bachelor’s of Science in Mechanical Engineering with Highest Honors from the University of Texas in Austin.

Jana Payne

Ms. Jana Payne serves as Vice President - Geosciences of the Company. She was appointed as Vice-President of Geosciences in November 2015, bringing over 25 years of experience in the oil and gas industry. Prior to joining the company, Ms. Payne held the position of Senior Exploitation Manager and Geologist at Halcon Resources, Inc. from November 2012 to May 2015. Ms. Payne spent eight years at Petrohawk Energy Inc. from June 2004 to October 2012 (and subsequently BHP Billiton following its acquisition of Petrohawk) as Geologic Manager and Senior Geologist, where her initial mapping of the Eagle Ford shale led to the discovery of the first commercial Eagle Ford Shale well and acquisition of over 300,000 acres by the Company. Ms. Payne’s early career was as a geologist at Marathon Oil Co. and Petroleum Geo-Services, Inc. Ms. Payne has published works in learned journals and holds an MSc and BSc in geology from the University of Texas at Arlington.

John Murray

Mr. John H. Murray is Director of the Company. Mr. Murray was appointed as a director in October 2016. Mr. Murray is Co-Founder, Executive Chairman and Chief Compliance Officer of Ecofin, roles he has held since its incorporation in June 1991. Before founding Ecofin Limited, John headed the corporate finance department and was a member of the management committee of Swiss Bank Corporation’s London-based investment banking business. Prior to joining Swiss Bank Corporation, he worked for Morgan Stanley Group Inc. holding various corporate finance positions in the firm’s offices in New York, London, Sydney and Melbourne, an office which he headed. John is a non-executive director of the Ecofin Vista Long/Short Fund Limited and the Ecofin Global Renewable Infrastructure Fund Limited and of the BlackRock Frontiers Investment Trust plc. John earned his BA in Economics from Williams College and an MBA from Harvard Business School.

Matthew Ockwood

Mr. Matthew B. Ockwood serves as Director of the Company. Mr. Ockwood is a Managing Director of Chambers Energy Management, LP, with investment experience covering a range of domestic energy subsectors including upstream, downstream and oilfield services. Prior to joining Chambers Energy Management, Mr. Ockwood was employed by Lehman Brothers where he worked in the Natural Resources investment banking group.

Phillip Pace

Mr. Phillip Z. Pace is Director of the company. Mr. Pace is a partner of Chambers Energy Management, LP, an affiliate of Chambers.

Daniel Lockwood

Mr. Daniel R. Lockwood serves as Non-Executive Director of Lonestar Resources US Inc. He has served as a Director since May 2014. He also serves as Vice-President of New Tech Global and is responsible for overseeing and managing NTG engineering and project management services. Mr. Lockwood is a graduate of the Colorado School of Mines with a degree in Petroleum Engineering. Dan joined New Tech Engineering in 2000, and brings with him more than 35 years of engineering and management experience and is considered one of the industry’s leading experts in Shale Operations. We believe that Mr. Lockwood’s engineering and management experience in the oil and gas industry qualifies him for service on the board of directors.

Christopher Rowland

Dr. Christopher Rowland serves as Non-Executive Director of Lonestar Resources Us Inc. He has been a Director of Lonestar since January 2013. He is also a Director of Butterfly Flaps Limited, a position he has held since 2011, and a Director of Special Situations for Ecofin Limited (the investment manager for EF Realisation) where he is responsible for initiating and monitoring unlisted investments. Prior to joining Ecofin Limited in 2006, Dr. Rowland formed and led equity research teams over a 20-year period at several investment banks, including Merrill Lynch and Dresdner Klienwort Benson. Apart from his career as a research analyst, Dr. Rowland spent time setting up an alternative generator to buy coal-fired power stations in 1993. He has a Ph.D. for his research into the economics of UK oil taxation and holds a MSc (Econ) from the University of London and a BSc in Economics from the University of Bath. Company believe that Mr. Rowland’s academic background in economics and his professional experience in finance and energy investment qualify him to serve on company board of directors.

Henry Ellis

Mr. Henry B. Ellis is an Independent Director of the Company. He was appointed as a director in October 2016. Mr. Ellis presently serves as managing director and Chief Executive Officer of Bassett California Co. & The Bassett Company and previously served as a director of several other boards including Bluebonnet Savings Bank and State National Bank and held management positions at companies including State National Bank and Grayson County State Bank. Mr. Ellis received his Bachelor of Arts degree in Business Administration from Texas Christian University.

Stephen Oglesby

Mr. Stephen H. Oglesby is an Independent Director of the company. Mr. Oglesby spent his entire career in the energy and commercial banking industry. Prior to retiring from Citibank, N.A. in December, 2016, Mr. Oglesby served as Managing Director of the Energy Division of Citi’s U.S. Commercial Bank, where he managed multiple offices and oversaw financial services provided to various private and public companies in the oil and gas industry, from December 2003 to January 2017. Mr. Oglesby previously served on the board of directors of various private companies, including Advanced Coiled Tubing, where he served as Chairman of the board of directors, Blackwell Plastics, and Goodman Manufacturing. Mr. Oglesby holds a Bachelor of Science in Accounting from Southern Illinois University.

Randy Wolsey

Mr. Randy L. Wolsey is an Independent Director of the company. Mr. Wolsey is the founder and since February 2015 has been a co-owner of Lone Oak Minerals, a private company involved in acquisition and selling of oil and gas minerals. Since January 2012, he has also been the owner of Solana, a private company involved in oil and gas and real estate investments. He is also the founder and since June 2006 has been a co-owner of Tanglewood Exploration, a private company involved in oil and gas exploration and production. He previously held management positions at companies including Glen Rose Oil & Gas and Justin Exploration. Mr. Wolsey received his Bachelor of Arts degree in Political Science from Midwestern State University.

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