EnergyNet Announces Executive Appointments

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Oct 07, 2014, 04:54 ET

AMARILLO, Texas, Oct. 7, 2014 /PRNewswire/ -- (www.energynet.com) – EnergyNet, the only continuous acquisition and divestiture advisory firm announced two appointments which will strengthen the Company's strategy and operations.

Jim D. Black was appointed to President of EnergyNet Services, Inc. Jim also serves as Chief Operating and Compliance Officer. Jim has worked with EnergyNet over the past 13 years and is based in Amarillo, Texas. Jim has 25 years in accounting experience with 20 of those as controller/CFO in the agricultural industry.

In addition, Wildon Woolley is promoted to Secretary/Treasurer of EnergyNet Services, Inc. Wildon serves as Controller for EnergyNet, and he is a member of PPROA as well as PAPL. Wildon brings extensive experience in accounting, finance and statistics. Wildon has been with EnergyNet for over 4 years and is based in Amarillo, Texas.

"These individuals have been instrumental in building EnergyNet. Their industry knowledge, drive and exemplary sense of customer service set EnergyNet apart," stated Bill Britain, Chairman of ENCI Holding Co. and Co-Founder of EnergyNet. "EnergyNet's business is strong and growing. EnergyNet has worked with clients in the successful sale of $200MM in oil and gas assets since the beginning of the year and we expect to sell another $100MM by the end of the 4th quarter. We are demonstrating that our unique platform and marketing process work consistently and at a high level. The appointments we are announcing today underscore the strength of our leadership team and provide the continuity needed to build on the positive momentum we have generated over the last number of years."

Transitions will begin immediately and the effective date for the change in roles is October 1st, 2014.

ABOUT ENERGYNET

EnergyNet is an acquisition and divestiture advisory firm conducting continuous on-line auctions, rapid cycle sealed bid and negotiated sale processes for our clients. It is the only continuous oil and gas property marketplace, operating 24/7/365, offering constant liquidity to buyers and sellers. EnergyNet facilitates the sale of producing oil and gas fields, working interests (operated and non-operated), overrides, royalties, mineral interests, and non-producing leasehold in every onshore U.S. Basin. Call 877.351.4488 or visit our website: www.energynet.com.

INVESTMENTS IN OIL AND GAS PROPERTIES INVOLVE SUBSTANTIAL RISK, INCLUDING POSSIBLE LOSS OF PRINCIPAL. THESE RISKS INCLUDE COMMODITY PRICE FLUCTUATIONS AND UNFORESEEN EVENTS THAT MAY AFFECT OIL AND GAS PROPERTY VALUES.

Contact:
Whitney McEvers
Marketing Manager
EnergyNet
7201 I-40 West, Ste. 319
Amarillo, TX 79106
Phone: 806.351.2953
FAX: 806.354.2835
E-mail: [email protected]
www.energynet.com

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SOURCE EnergyNet