ENERJEX Resources announces appointment of chief financial officer

EnerJex Resources, Inc. (OTCMarkets: ENRJ) (“EnerJex” or the “Company”), a domestic onshore oil company, announced yesterday that it has appointed Douglas M. Wright as its Chief Financial Officer.
Mr. Wright is a Certified Public Accountant with more than 25 years of management experience. Most recently, he served as the Corporate Controller and Chief Accounting Officer of Nations Petroleum Company, Ltd., from 2006 to present. Nations Petroleum is a privately held multi-national oil and gas company that grew the production of its core U.S. asset from 300 barrels of oil per day (BOPD) to approximately 5,000 BOPD over a five year period before selling it to Occidental Petroleum, Inc. In this role, Doug built the company’s accounting staff and developed its financial accounting and reporting procedures while arranging $250 million of mezzanine financing.
In 2005 to 2006, Mr. Wright served as a Manager of Financial Reporting for Noble Energy, Inc., where he was responsible for Securities and Exchange Commission (SEC) reporting related to its $3.4 billion acquisition of Patina Oil & Gas Corp. Doug also served in various managerial roles from 1986 to 1996 at Oryx Energy Co., which was purchased by Kerr McGee Corp. for $3.1 billion in 1999. During his tenure at Oryx, Mr. Wright was responsible for preparing the company’s SEC filings and led its corporate planning department.
Doug began his career at Deloitte & Touche where he served as a manager from 1977 to 1986 and was the firm’s designated specialist in the energy field. In this role he was responsible for accounting and audit services of major public corporations. Mr. Wright received a Bachelor’s degree from the University of Pittsburgh and a Master of Business Administration degree from the University of North Texas.
Management Comments
EnerJex’s CEO, Robert Watson, Jr., commented, “I am extremely pleased to welcome Doug as our new Chief Financial Officer. EnerJex’s board of directors is focused on significantly accelerating the development of its vast asset base in an accretive manner, and I believe that Doug’s experience will prove invaluable in helping the Company achieve its potential.”
Source: EnerJex Resources, Inc