TECHNICAL/FINANCIAL TEAM
Jerry McHugh, Jr., CEO/President – A 40-year veteran of the San Juan Basin, Mr. McHugh began his career working for independents Dugan Production and Nassau Resources. He worked in land, government liaison, exploration, gas marketing, and production. In 1990 Mr. McHugh formed San Juan Resources, Inc. and has built the company to what it is today---a forward moving independent natural gas and oil producer. SJR operates 40 wells in the San Juan Basin, SJR has acquired over 45,000 acres in the San Juan since 2009. Mr. McHugh has been involved in every aspect of oil and gas industry--from lease to production. He has worked with his technical/finance team to create ground floor exploration and drilling projects, acquiring profitable tough-to-get leases in the San Juan.
Lori Walters, CFO/Controller – Ms. Walters has spent nearly 25 years in the oil and gas business with over half her tenure as Controller and CFO at San Juan Resources, Inc. Throughout her career, she has held individual contributor and managerial roles in accounting. She has worked many facets of oil and gas accounting including plant and gathering system allocations, revenue, joint interest billings, budgeting, tax, and financial reporting. She strives to uphold accounting best practices while providing a factor of overall corporate governance. Ms. Walters maintains an active CPA license in Colorado.
Duncan Shepherd, Reservoir Engineer/Project Engineer – Mr. Shepherd founded and manages Petroleum Resource Management Corp., an independent O&G company developing Rockies assets for over 28 years. PRM has operated BLM federal units, managing production and drilling gas and oil wells. PRM recently drilled 2 wildcat discovery wells in an over-pressured Niobrara play at 10,000’ TVD. The most recent well is a 10,700’ lateral which was successfully completed in 47 stages with over 11 MM # of sand.
Bob Brooks, Geological Engineer – Mr. Brooks has 35 years of reservoir engineering experience beginning at Amoco, Tom Brown Inc., EnCana, Williams/WPX and as a consulting reservoir engineer. His experience includes all phases of reservoir evaluation from exploration, initial development on to secondary and tertiary recovery. Mr. Brooks experience in unconventional reservoirs includes shale gas and tight oil developed with horizontal multifrac laterals. Mr. Brooks was involved in the initial evaluation and development of the Fruitland CBM and the exploration and pilot testing of both the Mancos Dry Gas and Regressive Gallup Volatile Oil plays in the San Juan. Mr. Brooks brings a multidisciplinary approach to reservoir studies in order to develop the best understanding of well rate, reserves, economic optimization, risk and uncertainty.
Rich Bosher, Geologist – Mr. Bosher has 35 years’ experience in upstream oil and gas as a prospecting geologist for both conventional and unconventional targets as well as business development buying and selling oil and gas assets. Mr. Bosher began his career at Amoco, then to TransZap (Oildex) as founder/VP Sales, and eventually moving to Teton Energy. Under his E&P company Mr. Bosher has prospected extensively for Mancos Niobrara shale opportunities in the San Juan Basin/Rockies, acquiring producing assets with acreage in prolific unconventional plays in Rockies basins and East Texas/ Louisiana. In addition, Mr. Bosher has sold a half dozen conventional oil drilling deals in Kansas.
Frank Seidel, Wellsite Engineer/Drilling and Completion Consultant – Mr. Seidel has spent almost 40 years in numerous roles as a Drilling & Completion and Operations Engineer. He’s performed well planning, drilling, completion, and workover of wells located in the San Juan, Williston, Powder River and DJ Basins. Mr. Seidel specializes in Horizontal and Directional well work. After contributing to Helis Oil & Gas, Samson Resources, El Paso E&P, Canetic and Burlington Resources, Mr. Seidel founded Seidel Technologies, Inc., that utilizes a number of oil and gas engineering professionals on projects across the Rockies. Seidel Technologies has designed, drilled, and completed numerous lateral producers in the San Juan Mancos and DJ Wattenburg Niobrara, Wyoming PRB, and other areas. Mr. Seidel was inducted in the NMSU Entrepreneur Hall of Fame in 2019.
