Combined, the Company has over 150 years of experience in the oil and gas industry with focus on the Anadarko Basin, Barnett Shale, Rocky Mountain Regions, and the Appalachian Basin. Furthermore, the Company’s team has extensive land, geological and operational expertise in the unconventional resource arena and has worked for several industry leaders including Mitchell/Devon, EOG, XTO, Republic Energy, Stone Energy, and Consol/CNX Gas.
Prairie Falcon Exploration’s vision for opportunity and anticipated success in the area of focus in the North Texas Barnett Shale and the Appalachian Basin can be attributed to the team’s unparalleled success in these two shale plays with over 1,100 wells drilled and completed and over 100,000 acres leased in these plays. Two of the Company’s primary consultants were instrumental in the original prospecting, evaluation, development and evolution of the Barnett Shale as leaders of Mitchell Energy/Devon Energy technical staff for 30+ years. The anticipated success can also be attributed to Company’s team combined 25+ years of drilling and completing of over 100 wells and the leasing of several thousand acres.
Tom L. Scott founded Prairie Falcon Exploration with a notable team of management and technical consultants. Mr. Scott has over 38 years' experience in the oil and gas industry. In his first 20 plus years, Mr. Scott concentrated in the Anadarko Basin as an independent landman. In the mid 1980s, Mr. Scott employed two exploration geologists who generated prospects within the Anadarko Basin. Mr. Scott participated in several exploratory ventures, which discovered and developed over 200 BCF of gas. Under the direction of Dan Steward in 2002, Mr. Scott focused his efforts within the Fort Worth Basin and purchased over 100,000 acres in the Barnett Shale leasehold. In 2006, Mr. Scott was a co-founder of Tanglewood Exploration Company for the purpose of capitalizing on shale development opportunities. Under the direction of Mr. Steward Tanglewood established shale assets and developed them in the Barnett Shale play in the Fort Worth Basin and the Marcellus Shale play in Southwest Pennsylvania. The Marcellus Shale assets were sold to Vantage Exploration in 2012. In 2012, Mr. Scott, again under the direction Dan Steward acquired over 4,000 acres in the Eaglebine Play in Central Texas. This interest was later sold to an Australian company, Sun Resources for development. Since 2012, Mr. Scott has also monitored activity in the East Texas Eagleford Shale, the Marcellus/Utica and the Barnett Shale Plays acquiring mineral and royalty interests.
Dan Steward, Consulting Geologist, received a B.S. in Geology from the University of Houston in 1972. With 42 years of petroleum experience and 22 years working the North Texas area, Mr. Steward was Vice President of Geology at Mitchell Energy (later acquired by Devon Energy) where he worked on the Barnett Shale development since its inception in 1981. In 2005, he was asked by George Mitchell to write a history of Mitchell's exploration and development efforts that ultimately led to proving the Barnett's potential and gaining for it the title of the most active gas play in the United States. Mr. Steward was honored by the American Association of Petroleum Geologists as the 2007 recipient of their Outstanding Explorer Award for his work in the Barnett Shale. Mr. Steward has been interviewed and quoted in many industry books and articles for his knowledge and experience in developing resource plays in North America. He currently is involved in providing geological consulting for shale plays all over the world.
David Oldham, Consulting Geologist, has over 37 years of experience, primarily in the Appalachian and Rocky Mountain regions. Mr. Oldham founded Oldham Geoscience in 1985 and later formed Midnight Oil LLC to provide geological consulting services to a wide array of clients, involving conventional and unconventional targets, from exploratory through development phases. Much of his work over the past 10 years has focused on the Marcellus Shale, Utica-Point Pleasant Shale, and other shale plays in the northeast U.S. From 2006-2014, Mr. Oldham served as a geologic consultant to (and later an employee of) Stone Energy Corporation, serving as Appalachia Business Development Lead, and was instrumental in opening a Stone Appalachian office in Morgantown in 2008. Stone drilled nearly 100 Marcellus wells during this period. He currently provides consulting services to companies that are active in the Marcellus and Utica in West Virginia and northeast Pennsylvania, and is working on an unconventional oil and gas project in the Denver basin. Prior to becoming an independent geologist, Mr. Oldham served as District Geologist for MGF Oil Corporation in Denver and Project Geologist CSMRI in Golden, CO. Since 1998, he has served as an adjunct faculty member at West Virginia University, serving on graduate student committees, and teaching petroleum geology and summer field camp in West Virginia, Wyoming, and Montana. He earned geology degrees from University of Pittsburgh (BS), Penn State University (MS), and West Virginia University (PhD). Mr. Oldham is a member of AAPG (CPG #5419), RMAG, PAPG (past VP and program chair), and AGS, and has authored a number of publications and presentations dealing with oil and gas plays in the Rockies and Appalachian Basin.
Pat Gavaghan, Environmental Consultant, Mr. Gavaghan earned a Bachelor of Science degree in wildlife and fisheries management in 1986 from Pennsylvania State University. After briefly working as a biologist at the U.S. Army Corps of Engineers, he attended graduate school at the University of Pittsburgh, where he pursued a Ph. D. in Aquatic Ecology. In 1993, Mr. Gavagahn founded Ecotune Envirionmental Consultants. Ecotune works closely with its clients and engineering firm to obtain environmental impact permits at the state and federal level. Since 1993, Ecotune has performed assessments of more than 2,000 sites. Mr. Gavagahn worked with Mr. Scott as an environmental consultant in 2008 through 2012 for Tanglewood Exploration LLC. Mr. Gavagahn guided them up the learning curve working closely with the Pennsylvania DEP and implement protocols that eliminated costly violations frequently incurred by other Pennsylvania operators and reduced the lag time in obtaining permits. Since 2012 Mr. Gavagahn has consulted many major and large independent oil and gas exploration companies such as XTO (ExxonMobile) and others.