Board of Directors

Tony is a 64-year veteran of the oil and gas industry, whose career is marked by diversity and successful ventures.

In the 1960’s, after graduating from university and serving in the U.S. Army, Tony joined Ambassador Oil Corporation and soon became District Landman overseeing operations in the US Rocky Mountain region. In 1964, Tony founded General Petroleum Corporation and Texas Interstate Oil & Gas Company (1967), and later became President and Chairman of Prudential Minerals Exploration Company (1969), later known as Del Mar Petroleum Corporation. Tony guided a merger of Del Mar into Shenandoah Oil Corporation, where he served as Executive Vice President and Director. Shenandoah expanded rapidly in the 1970s, exploring geological basins in the US and abroad. Tony led the company in complex projects, notably a groundbreaking oil discovery in remote, north central Guatemala requiring the construction of a 140-mile crude oil pipeline through jungle terrain to the Caribbean Coast.

In the 1980s, Tony founded E R Operating Company and became an independent operator acquiring and managing production and waterflood operations in the Permian Basin and participating in natural gas exploration in the Mid-Continent and Rocky Mountain regions.

In the 1990’s, Tony co-founded General Gas Company, a natural gas gathering and processing business later sold to Duke Energy Field Services, and in 1998, he co-founded Caledonia Energy Partners, which developed a significant natural gas storage reservoir in northeastern Mississippi. Throughout the 1990’s and early 2000’s, Tony initiated several projects with technical partners that grew assets from very little to significant exit values.

In 2007, Tony initiated our EOR project in the Permian Basin.

Tony graduated with a Bachelor of Science degree from Colorado State University and served in the United States Army.

Jimmy began his career in 1979 on a drilling rig in East Texas. Following graduation from university, Jimmy joined Santa Fe Minerals in Dallas, Texas, and was soon recruited by SFM’s parent, Kuwait Oil Company, to its eastern hemisphere engineering team to lead its evaluations and planning group. For the following decade, he was involved in the development of multiple large exploration and development projects spanning eighteen countries in the eastern hemisphere.

In the mid 1990’s, Jimmy joined International Petroleum Corporation as Vice President and General Manager of IPC Malaysia. He recruited and led the team that designed and implemented Phase I of Malaysia Block CAA PM3, located in overlapping territorial waters shared by Malaysia and Vietnam. The development has been a technical and commercial success and is expected to recover over 600 million BOE.

In the late 1990’s, Jimmy formed First Oil Limited, which pursued acquisitions and provided management to projects in the former Soviet Union, China, southeast Asia and Australia. After returning to the USA in 1996, he led Rosetta Energy in the drilling and development of an environmentally sensitive, 10,000-acre federal unit in the Sabine National Forest.

In 2007, through partnership and funding provided by Mr. Roosevelt, Jimmy drilled and appraised our San Andres reservoir. Jimmy identified the project as a CO2 enhanced oil recovery opportunity and has pioneered our horizontal drilling and stimulation techniques to exploit and flood the reservoir with CO2.

Jimmy graduated with a degree in Petroleum Engineering from Texas A&M University in 1984 and an Associates in Applied Science in Petroleum Technology from Tyler Junior College in 1981. Jimmy did post-graduate work at Heriot-Watt University, in Edinburgh, Scotland.

Steve is a consulting engineer in Midland, Texas specializing in CO2 enhanced oil recovery, CO2 capture and injection projects, reservoir properties, secure geologic storage, and horizontal well reservoir depressuring projects.  He also provides engineering and business planning services for a variety of U.S. and International commercial clients in the oil and gas, industrial gas, coal and power sectors as well as advising policy makers and non-governmental organizations on the subject of CO2 EOR and carbon capture and storage.  He has also originated and operated many exploration and production projects in the oil and gas sector.  His landmark work on the origin and distribution of residual oil zones (ROZ) has led to their commercial exploitation through the use of both CO2 EOR and horizontal wells and coming utilization in carbon capture and storage. The ROZ work has also led to a team of folks currently documenting a new contribution and science-based explanation of mixed- and oil-wettability in carbonates and certain clastic reservoir rocks.

He has been the director for 29 years of the annual CO2 Flooding Conference and assists in organizing the EOR Carbon Management Workshop, both held each year in December in Midland, Texas.  He has served on the Governor of Texas’ FutureGen Board, as a past Director of The University of Texas of the Permian Basin and University Land’s Petroleum Industry Alliance, Plains CO2 Reduction’s and Wyoming’s Enhanced Oil Recovery Institute technical advisory board and continues to serve on several other out of state and local Advisory Boards and Councils.

Steve has a BS in geological engineering from Texas A&M and a MS degree in Engineering (Rock Mechanics) from Purdue University.