Mike Cherry P. E.

1. Oil and gas exploration and production activities in most major basins in the United States and Western Canada
   
   
2. Acquisition & merger generation, evaluation, negotiation, due diligence & closing of purchase and divestiture transactions
   
   
3. Drilling Prospect Generation, Evaluation, and Presentation



4. Drilling, Completion, Production and Workover operations
   
   
5. Drilling & Production field operations and project management to include deep, high pressure and directional wells
   
   
6. Reserve & economic assessment and valuations

Conducting oil and gas engineering and operations in Oklahoma and Texas since 1975, Mr. Cherry has extensive experience in most major basins in the United States and Western Canada.

His strengths, derived from initiating his career with Amoco Production Company and building his own oil & gas company for 15 years, include:

PROJECT MANAGEMENT: Engineering project management to include outsourced operations and engineering and business development projects.

NEGOTIATIONS: Seasoned negotiator of acquisitions and merger transactions

FINANCES: Identified and negotiated financings for acquisitions and drilling programs through debt and private equity placements

ENGINEERING: Technical production, petrophysical and reservoir engineering, with experience in drilling, completion, remedial and re-completion evaluation and design as well as production and reserve forecasting

OPERATIONS: Drilling, completion and production operations in all major basins in the United States and Canada

MARKETING: Oil and gas marketing as well as hedging commodity pricing and interest rates in conjunction with implementing and monitoring an overall corporate risk management program

RISK MANAGEMENT: Analyzing drilling and acquisition prospects assessing appropriate risk profile to allow for high-grading investment opportunities and minimizing risk exposures

ASSESSMENT: Analyzing corporate engineering and economic assessments associated with corporate property and pipeline acquisitions and mergers in the United States and Canada

FORMATION EVALUATION: Formation evaluation techniques using drill-stem testing and state-of-the-art mud log/electric log and petrophysical evaluation techniques for maximizing drilling/completion cost effectiveness, and for making competent formation evaluations to identify investment opportunities in producing, behind pipe or abandoned properties

TECHNOLOGY TRANSFER: Engineering and Operations Training in Drilling, Completion, Production, Workover, Reservoir Engineering, Basic Geology, Formation Evaluation, Risk and Economic Assessment and Modeling, as well as Engineering and Geologic software applications for screening and identifying acquisition and drilling prospects.

EDUCATIONAL CREDENTIALS:
Bachelor of Science, Electrical Engineering
University of Texas at El Paso

PROFESSIONAL CREDENTIALS:
Society of Petroleum Engineers (SPE)
American Association of Petroleum Geologists (AAPG)
Society of Exploration Geophysicists (SEG)
Society of Professional Well Log Analysts (SPWLA)
Independent Petroleum Association of America (IPAA)
Texas - Registered Petroleum Engineer (PE)

Historical Background