Black Ridge Oil & Gas, Inc. says that the Company's Board of Directors (the "Board") approved the appointment of Mr. Michael Eisele, to the position of Chief Operating Officer, effective August 1, 2013.
Since August 2012, Mr. Eisele served as the Company's Vice President of Land overseeing Black Ridge's acreage portfolio and acquisitions. Prior to joining the Company, Mr. Eisele was the landman and co-owner of High West Resources, Ltd. from 2011 to 2012 and the owner of Eisele Resources LLC from 2009 to 2012. Mr. Eisele is a graduate of Luther College (B.A.).
Ken DeCubellis, Black Ridge's Chief Executive Officer, said, "We are very pleased to promote Michael to Chief Operating Officer. During his brief tenure with the Company, he has led the acquisition of high value leaseholds including the Stateline 14-3427H (8.3 WI%, 30 day IP of 26,299 BOE), the SCHA 33-34 3H (6.25% WI, 30 day IP of 21,749 BOE), and negotiated and executed the acreage swap with Samson. Under Michael's operating leadership, we believe the Company is well positioned to continue to grow oil and gas production, revenue, and EBITDA in the Bakken / Three Forks play, and continue to execute our strategy of aggregating high value non operated leaseholds."
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