New Gulf Resources, LLC makes another key addition to management team
TULSA, Okla., Nov. 17, 2014 /PRNewswire/ -- New Gulf Resources, LLC ("NGR") today announced the hiring of Craig Young as its Vice President of Drilling & Completions. Young has 32 years' experience in petroleum engineering, having served 10 years with EOG Resources, eventually becoming their Division Operations Manager for their Eagle Ford Shale Program in Texas, along with 14 years at Marathon Oil Company as a Senior Drilling Engineer. Most recently, Mr. Young was the Senior Vice President of Operations at Approach Resources and managed that company's resource play in the Midland Basin. Young will work alongside Senior Vice President of Drilling & Completions, Wink Kopczynski, Jr. and team to develop NGR's vast holdings in East Texas. "We are excited to have Craig on the team as we continue to build both our team and an incredible asset base. Craig has a long history of substantially growing production while achieving record operational efficiencies," said CEO and Chairman Ralph Hill. Mr. Young will begin immediately on NGR's ongoing efforts to develop the Woodbine, Eagle Ford, Buda-Rose and other stacked-pay programs in East Texas.
About New Gulf Resources, LLC
New Gulf Resources, LLC (www.newgulfresources.com) is based in Tulsa, Oklahoma and owns, manages and operates upstream energy projects, primarily in East Texas. NGR is highly experienced in the application of advanced technologies such as horizontal drilling and multi-stage fracture stimulation to maximize the value of U.S. oil reserves. NGR owns over 85,000 net mineral leasehold acres in the prolific Woodbine, Eagle Ford and Lower Cretaceous plays. NGR acquired a large position in East Texas in May of this year from Halcόn Resources, Inc. which added to an existing position and excellent track record in the basin.
SOURCE New Gulf Resources, LLC
Related Links
http://www.newgulfresources.com
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