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Great Western Oil & Gas Secures Bob Heinemann as Board of Directors Chairman

Heinemann Brings More Than 30 Years of Oil and Natural Gas Expertise to the Board


News provided by

Great Western Oil & Gas Company, LLC

Aug 25, 2014, 09:00 ET

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DENVER, Aug. 25, 2014 /PRNewswire/ -- Great Western Oil & Gas Company, LLC (GWOG), an energy affiliate of The Broe Group (Broe), a Denver-based management company of investing and operating real estate, transportation, and energy affiliates, today announced the appointment of Bob Heinemann, as Chairman of its board of directors.

"I'm thrilled to have Bob as Chairman of the board," said Rich Frommer, CEO of Great Western Oil & Gas. "His industry network, vision and years of petroleum business experience make him a terrific addition to the board."

Heinemann is currently an energy consultant, serving as director for Crescent Point Energy Corp., QEP Resources, and C12 Energy, LLC. He also served as the Chief Executive Officer and President of Berry Petroleum Co. from June 2004 to 2013. Heinemann drove enterprise value by increasing the company's production and reserves through organic development and acquisitions. Berry was ultimately acquired by Linn Energy for more than $4 billion in 2013.

From 2000 to 2002, Heinemann served as the Chief Technology Officer and Senior Vice President of Halliburton Company. In this role, Heinemann directed Halliburton's extensive $300 million technology portfolio, developing the long-term technology strategy for the company. Mr. Heinemann holds Bachelor's degree and Doctorate degree in Chemical Engineering from Vanderbilt University.

"It's an honor for me to join the broader Broe Group executive team as Chairman of Great Western's board of directors," said Bob Heinemann. "Great Western is an oil and gas company operating on the edge of America's new energy economy and I believe in their long-term vision and courage to lead the industry forward."

"Adding Bob to our GWOG team is part of an effort at Broe to keep evolving the perspectives and expertise at our board table," said Claude Pumilia, COO of The Broe Group. "We know he has a great deal of industry knowledge that will benefit our growth into new markets and strengthen current projects."

About Great Western Oil & Gas Company, LLC
Great Western Oil & Gas (GWOG) is a Denver-based independent exploration and production company with active operations in the Denver-Julesburg Basin in Colorado. GWOG's $1 billion program includes 350 drilled and operating wells, producing nearly 5,000 barrels of oil equivalent per day. GWOG is ranked as a Top 100 driller in the United States and the ninth producer in Wattenberg Field in Colorado.

About The Broe Group
Headquartered in Denver, Colo., Pat Broe founded what would become his namesake company in 1972. Today, the managed affiliates of The Broe Group employ nearly 1,000 people and own or control a multi-billion dollar portfolio of real estate, railroads, energy (oil & gas), and tech investments. Its transportation affiliate, OmniTRAX, Inc., is one of the largest privately held railroad companies in North America and its energy affiliate, Great Western Oil & Gas Company, LLC, operates a $1 billion oil and gas drilling program.

More information about The Broe Group can be found at broe.com/about-the-broe-group/

Media Contact
Claude Pumilia, Chief Operating Officer
The Broe Group
Email: [email protected]
Phone: 720-235-2597

SOURCE Great Western Oil & Gas Company, LLC

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