GeoResources, Inc. Announces Appointment of Two Independent Directors
31 Março 2010 - 6:28PM
Business Wire
GeoResources, Inc., (NASDAQ:GEOI), today announced the
appointment of two independent directors, Bryant W. Seaman, III,
and Donald J. Whelley. Seaman and Whelley were appointed to fill
the vacancies on the Board arising from the March 30th resignations
of two independent directors, Christopher W. Hunt and Scott R.
Stevens, each of whom had served on the Board since April,
2007.
Seaman, age 57, has been Managing Director, Head of Family
Company Advisory, Bessemer Trust, since November, 2005 advising
clients regarding strategic alternatives, restructurings and
recapitalizations, and liquidity events. From 2004 through October,
2005 he was a Partner, Merchant Banking, of Gregory &
Hoenemeyer, Inc. From 2002 to 2004 he was Group Executive Vice
President, International, of New York Stock Exchange, Inc. From
1998 through 2001 he was a Managing Director of Deutsche Banc Alex.
Brown. From 1995 through 1997 he was a General Partner of
Asia/Pacific Capital Partners, and from 1983 to 1995 he was a
Managing Director, Investment Banking, and Credit Suisse First
Boston. Mr. Seaman holds an A.B. degree in Political Science from
Stanford University and MBA and Juris Doctor degrees from Columbia
University.
Whelley, age 55, has been a Managing Member of DJW Advisors, LLC
since 2008, advising clients on their direct oil and gas
investments, strategic resources, litigation support and due
diligence. From 1993 to 2008 he was Executive Vice President of
John S. Herold, Inc., where he was Chief Financial Officer and
responsible for managing valuation and consulting engagements.
Prior to 1993 he held management positions with Damson Oil
Corporation, B&D Equities, Inc., a broker-dealer; Granada
Corporation, an agricultural biotech company; and Arthur Anderson
& Co. Mr. Whelley holds a B.S. degree in Accounting from
Clarkson University.
Frank A. Lodzinski, Chief Executive Officer and President of
GeoResources, stated, “We thank Chris Hunt and Scott Stevens for
their dedicated and valuable service to us for the past three years
and we are going to miss their contributions to our company. We are
very fortunate to have Bryant Seaman and Don Whelley join our Board
and are extremely pleased that persons of their caliber chose to
serve our company as independent directors.”
About GeoResources, Inc.GeoResources, Inc. is an
independent oil and gas company engaged in the acquisition and
development of oil and gas reserves through an active and
diversified program which includes purchases of reserves,
re-engineering, and development and exploration activities,
currently focused in the Southwest, Gulf Coast, and the Williston
Basin. For more information, visit our website at
www.georesourcesinc.com.
Forward-Looking Statements
Information herein contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995, which can be identified by words such as "may," "will,"
"expect," "anticipate," "estimate" or "continue," or comparable
words. All statements other than statements of historical
facts that address activities that the Company expects or
anticipates will or may occur in the future are forward-looking
statements. Readers are encouraged to read the SEC reports
of the Company, readers are encouraged to read our Annual
Report on Form 10-K for the year ended December 31, 2009, and any
and all other documents filed with the SEC regarding information
about GeoResources for meaningful cautionary language in respect of
the forward-looking statements herein. Interested persons
are able to obtain free copies of filings containing information
about GeoResources, without charge, at the SEC’s Internet site
(http://www.sec.gov).
Georesources (NASDAQ:GEOI)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024
Georesources (NASDAQ:GEOI)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024