Craig Adams

President & Chief Executive Officer

 

Craig Adams has over 30 years of experience in the energy industry with expertise in geology, geophysics, petrophysics, project and play management, operations, economics, and reservoir analysis. He has been involved in the discovery of and currently owns interests in producing properties in the Fort Worth Basin, Arkoma Basin, Anadarko Basin, Eastern Shelf, and Permian Basin. Mr. Adams began his career with Amoco Production Company in Denver, CO, where he worked the Rockies, Mid-Continent and several international projects. He left Amoco in 1996 to help manage Beartooth Energy Partners and later co-founded and served as President of its successor, ADEXCO Production Company. He was responsible for ADEXCO being an early entrant in the Barnett Shale play, where he owned interest in 150,000 acres and over 120 wells. Mr. Adams earned an Executive M.B.A. from Rice University, a M.S. in Geology from the University of Texas at Arlington, and a B.S. in Geology from Texas Christian University.  He serves on the Board of the Energy Institute at Texas Christian University and on the Petroleum Geoscience Advisory Boardat the University of Texas at Arlington, served as President of the Board of Directors for the Oil Information Library of Fort Worth, and is a founding member of the Fort Worth Chapter of the Society of Professional Exploration Geoscientists. He is a Licensed Professional Geoscientist (TBPG), a Certified Petroleum Geologist (AAPG), and is a member of the American Association of Petroleum Geologists and the Fort Worth Geological Society. 

 

Paul Teske

Executive Vice President and Chief Operating Officer

 

Paul Teske has over 25 years of experience in the energy industry acquiring and developing unconventional resources. Prior to joining Newark E&P, he was President of DTE Gas Resources and previously held several other senior management positions in the oil and gas industry where he has earned a well-established track record of acquiring, developing, and monetizing large-scale unconventional projects. He has extensive transactional experience, with over $2 Billion in acquisitions and divestitures in many of the active unconventional basins. Mr. Teske earned a B.S. in Engineering from Michigan State University.

 

Al Davis

Vice President of Operations and Engineering

 

Al Davis has over 30 years in the oil and gas industry with experience in drilling, completions, and production operations, which since 2004 has been focused on operations in unconventional resource plays, including the Barnett Shale and Fayetteville Shale plays. He began his career as an engineer with Shell Oil Company and has subsequently held Senior Engineer and Operations Manager positions for several independent operators. Before joining Newark E&P he was Operations Manager for ADEXCO Production Company, implementing an active development drilling and completion program in the Barnett Shale play. Mr. Davis earned a B.S. in Petroleum and Natural Gas Engineering from Penn State University. He is a member of the Society of Petroleum Engineers and Fort Worth Wildcatters. 

 

Mike Herman

Chief Financial Officer

 

Mike Herman has 30 years of operational, strategic, and financial leadership experience throughout North America and Europe with a diverse background in valuation modeling and due diligence for acquisitions and divestitures, accounting, finance, treasury, compliance, information technology security, risk management and human resources.  Prior to joining Newark E&P, Mr. Herman served as Executive Vice President and Chief Financial Officer for First American Payment Systems, then as Group Executive Accounting & Finance and Chief Compliance Officer for JP Morgan’s Chase Paymentech Division. Previously, he held key roles with Jacobs/Carter & Burgess Engineers, AMR/American Airlines, and Arthur Andersen. His experience includes managing oil & gas company audits and managing personal oil & gas interests. Mr. Herman earned both his BBA and MBA from Texas Christian University. He is a Certified Public Accountant, has served as Adjunct Professor in the College of Business Administration at the University of Texas at Arlington, and is a member of the Council of Petroleum Accountants Societies and Financial Executives International.

 

Andrew Vernon

Director of Corporate Development

 

Andrew Vernon joined Newark as Director of Corporate Development in 2016. Prior to Newark, Mr. Vernon worked in the Energy Investment Banking Group at Wells Fargo Securities, predominantly with the Energy Acquisitions & Divestitures advisory team, where he managed upstream asset buy-side and sell-side engagements across multiple plays and geologic basins.  Prior to Wells Fargo A&D, he worked at Jetta Operating Company in their business development and corporate finance group. Mr. Vernon was a tank officer in the U.S. Marine Corps and holds both a B.A. in Economics from Vanderbilt University and a M.B.A. from the Jones Graduate School of Business at Rice University.

 

Blake Barnett

Land Manager

 

Blake Barnett has 10 years of industry experience in petroleum land management and has been with Newark since 2011. Prior to joining Newark, he was an independent landman and project manager for several E&P companies throughout Texas and the Rocky Mountain Region. Mr. Barnett is a Registered Professional Landman and holds a B.A. from Texas Christian University. He is an active member of the American Association of Professional Landmen, Fort Worth Association of Professional Landmen, and Young Professionals in Energy, and serves on the Junior Member Committee at Ridglea Country Club.