Synergy Resources Corporation (NYSE MKT: SYRG), a U.S. oil and gas exploration and production company focused on the Denver-Julesburg Basin, has hired industry veteran Terry Dewey to oversee the company's production activities.
Craig Rasmuson, Vice President of Operations, said, "Our production capacity continues to increase in the Wattenberg Field. Terry will bring to Synergy extensive experience in maximizing production using the latest technologies. We're confident he will prove to be a valuable member of our team as we further develop our asset base, and particularly as we ramp up our horizontal well drilling program."
Dewey has more than 30 years' experience in the oil and gas industry. He was previously with Bill Barrett Corp, a leading independent oil and gas company, with operations in the Denver-Julesburg basin. Over the last five years, Dewey has served as Bill Barrett's production foreman, applying his knowledge and expertise with downhole equipment, completion techniques of vertical and horizontal wells, as well as different forms of artificial lift. Prior to Bill Barrett, Dewey served in various capacities with Chevron/Texaco, Tom Brown and Weatherford ALS.
"I am thrilled to join Synergy Resources at this pivotal time in its growth and development," said Dewey. "The management team comprises some of the most experienced operators in this field, and with the extensive development of horizontal drilling in the D-J basin, I see many years of prolific production growth."
About Synergy Resources Corporation
Synergy Resources Corporation is a domestic oil and natural gas exploration and production company. Synergy's core area of operations is in the Denver-Julesburg Basin, which encompasses Colorado, Wyoming, Kansas, and Nebraska. The Wattenberg field in the D-J Basin ranks as one of the most productive fields in the U.S. The company's corporate offices are located in Platteville, Colorado. More company news and information about Synergy Resources is available at www.syrginfo.com.
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Synergy Resources Corporation
Tel (970) 737-1073
Investor Relations Contact:
Tel (949) 574-3860
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