Shawn Smart, Manager: Mr. Smart has over 30 years of oil and gas experience in acquisitions, negotiations, debt and equity financing, asset and economic review and regulatory compliance. Since inception of Vast Energy, LLC in 2007, Mr. Smart has served as a Managing Partner. The focus of Vast is to develop cash flow, oil and gas reserves and tax incentives through drilling or acquiring undervalued or underdeveloped assets. Our core focus has been in the Gulf Coast and Rocky Mountain Regions. Mr. Smart was instrumental in overseeing the acquisition and development of five non-producing assets in Kansas, in which 71 wells were drilled with only 3 dry holes. He was also instrumental in obtaining financing for the acquisition of several producing oil assets from Vanguard Energy Corporation in Texas and several producing assets from Bakken Hunter and JayHawk Energy, Inc. in North Dakota. Mr. Smart was also the co-founder and managing partner of Current Energy Partners, LLC from 2009-2010. Current focused on coalbed methane in Wyoming, in which it acquired several gas fields and managed 1,600 wellbores with 155,000 net mineral acres. The assets were later sold to a public company. From 1998-2007 Mr. Smart served as CEO of Legacy Resources, Inc., and 1995-1998 Capital Energy Corporation where he either generated, negotiated, joint ventured, organized and managed several oil and gas exploration, development, and leasing programs located in Texas, Louisiana, Wyoming, Mississippi, Kansas and Utah. Discovered two new fields and developed with an additional 33 wellbores. Estimated reserves 1.89mmbo. Mr. Smart began his career in 1989 with International Petroleum & Exploration, Inc. where he was responsible for sourcing capital for drilling and leasing programs.
Jim McGregor, Manager: Mr. McGregor brings over 20 years of oil and gas experience with many skill sets in management and finance while being instrumental in asset acquisition negotiations and overseeing investor relations. Since the inception of Vast Energy, LLC in 2007, Mr. McGregor has served as the company’s Managing Partner. The focus of Vast is to develop cash flow, oil and gas reserves and tax incentives through drilling or acquiring undervalued or underdeveloped assets. Our focus has been in the Gulf Coast and Rocky Mountain Regions. In addition, Mr. McGregor was instrumental in overseeing the acquisition and development of five non-producing assets in Kansas, in which 71 wells were drilled with only 3 dry holes. In addition, Mr. McGregor was instrumental in obtaining financing for the acquisition of several producing oil assets from Vanguard Energy Corporation in Texas and several producing assets from Bakken Hunter and JayHawk Energy, Inc. in North Dakota. Mr. McGregor was also the co-founder and Managing Partner of Current Energy Partners, LLC from 2009-2010. Current focused on coalbed methane in Wyoming, in which it acquired several gas fields, managed 1,600 wellbores with 155,000 net mineral acres. For the past two years, he has been heavily involved in the seed capital, negotiations, and advising a multi-billion dollar international fund with asset acquisition and capital allocation into strategic U.S. Energy assets Mr. McGregor holds a Bachelor’s degree from the University of Utah.
David Henderson, Sr. Advisor / Geophysicist: Mr. Henderson has over 45 years’ experience in the oil and gas industry, and has operated in over 47 countries and in environments ranging from Deepwater Gulf of Mexico to onshore resource plays. He is currently President of Herodotus Resources LLC, a privately held investment and consultancy company. He previously served as President of WBH Energy Partners, LLC, a privately held company which developed resource plays in Texas from 2012 to 2015. Mr. Henderson also served as Executive Vice President & Chief Operating Officer for EEX Corporation listed on the NYSE (now part of Newfield Exploration) from 1997-2002. In this role, he oversaw the acquisition and integration of Tesoro’s assets and the development of Treasure Island ultra-deep play on the Gulf of Mexico shelf. From 1991 to 1997, Mr. Henderson served as Senior Vice President of Exploration and President of International Exploration & Production at Pennzoil International. Negotiated Unit participation and operated 6 International ventures and negotiated and managed $100 million Gulf of Mexico JV drilling program. Increased value of E&P Unit from $1 billion to $3.5 billion over five years. Increased reserves 35%, increased production 60%, reduced operating and replacement costs by 25% over five years. From 1987 to 1991, Mr. Henderson served as Senior Vice President of International Exploration & Production at Maxus Energy Corporation. Discovered 300 million barrels of oil in Indonesia; operated E&P projects in 14 countries; negotiated 15 new exploration contracts in 13 countries. Replaced 160% of production over a four year period; found and developed 115 net barrels of oil at $1.33 per barrel. Mr. Henderson also served as a geophysicist and in executive roles from 1973-1985 with Coastal Oil & Gas Corporation, Aminoil USA, Mitchell Energy Corporation and Amoco Production Company. Mr. Henderson graduated from Virginia Polytechnic Institute and State University in 1973 with a Bachelor of Science in Geophysics. He currently serves on the Dean's Advisory Board at the College of Arts and Sciences, Virginia Tech, as well as being Chairman of Techulon, a biotech start-up developing therapeutics for drug-resistant bacteria.
Rondo Fehlberg, Sr. Advisor / Legal: Rondo Fehlberg is an independent business and legal consultant. Mr. Fehlberg is a licensed attorney who has spent much of his career developing and managing new businesses. Prior to his current practice, Mr. Fehlberg held a variety of positions in sports administration, corporate management, international negotiations and law. From 1995 to 1999, he was Assistant Vice President and Director of Athletics at Brigham Young University. He also spent a year as Executive Director of Olympic Aid USA in connection with the 2002 Salt Lake Winter Games and served as Vice President of the Utah Olympic Parks. From 1985 to 1995, Mr. Fehlberg held management positions at Standard Oil, British Petroleum and Pennzoil in Denver, Houston, and London, most recently as Vice President of International New Business for Pennzoil. In these positions he directed the negotiation of a number of major international transactions with present values worth several billion dollars. From 1979 to 1985, Mr. Fehlberg practiced law with the Denver law firm of Davis Graham and Stubbs and served as in-house counsel to Standard Oil Company and British Petroleum. He is a member of the Colorado and Texas State Bars. He received his law degree from J. Reuben Clark Law School at Brigham Young University in 1979 and his Bachelor of Arts degree from Brigham Young University in 1976.