Steve Stengell is President CEO, Chairman and the Founder of Encore Energy, Inc. and specializes in oil and natural gas lease acquisition, exploration and production in Kentucky.
Mr. Stengell is the former President CEO of publicly traded E & P Company with 50+ employees, Allied Energy, Inc., Allied Operating TX and OK. The company maintained audited financial statements, full material disclosure (highest rating from otcmarkets.com) to private and public investors and achieved a record stock price/volume with $27 million in annual revenue during Mr. Stengell’s tenure. Mr. Stengell served as an operator in both Texas and Oklahoma. Mr. Stengell is responsible for supervising horizontal discoveries in the Georgetown Buda (gas / liquids) and Woodbine Sand of Texas (oil) along with shallow oil and gas developments in northern Oklahoma. The Texas Woodbine horizontalWallrath #1H produced 58,000 BO in its first year and was later reportedly acquired by Halcon Resources. Mr. Stengell facilitated the placement of an estimated $50 million of private capital in properties throughout the US. Mr. Stengell has extensive investor relations and SEC compliance experience for private and public investors.
Mr. Stengell also has extensive experience in oil and lease acquisition, production acquisitions / divestitures of the Utica Shale play of Eastern Ohio. Encore has facilitated multiple transactions with major Utica Shale operator(s).
Mr. Stengell was the recipient of the Bowling Green "2010 Business of the Year" Community Impact Award and completed both the 2004 IPAA Harvard Executive Management Program and the 2006 Texas A & M Petroleum Engineering "Reserves and Valuation" Graduate Certificate Program.
The Fall 2014Bakken Oil Report featured an article regarding Mr. Stengell and Encore Energy, Inc.The American Oil and Gas Reporter magazine has released a feature article about Encore Energy, Inc. and Steve Stengell's industry experience.
Mr. Stengell participated as an expert speaker at the 2013 Utica Shale Congress in Columbus, Ohio and several other shale conferences in Houston, Texas and Columbus, Ohio regarding the development of the Utica and Marcellus shale plays. Mr. Stengell has served as both the “key note” speaker and chairman of these events.
Mr. Stengell holds a bachelor degree in Corporate Finance from the University of Kentucky Gatton College of Business and Economics (1995) and an MBA from Western Kentucky University Gordon Ford College of Business with a concentration in economics (2003).
Mr. Stengell resides in Bowling Green, Kentucky with his wife and two daughters, one and nine years of age.
Joseph Hooper, Executive Vice President - Director
Joseph has worked in the securities industry for most of his adult life having held Series 3,7,22 and 63 securities licenses resulting in diverse experience trading stocks, bonds, options and futures, raising capital for real estate mezzanine financing, oil and gas exploration, salt water disposal facilities and technology companies in medical I.T. and social media.
He is a partner in a medical clinic in North Carolina. He has accessed private capital via sales of and participation in private placements, limited partnerships, direct participation programs and other investment related structures. Mr. Hooper has served as an independent contractor for various projects and consulted with both public and private companies regarding strategies to access capital, enhance investor returns and expand existing client bases. He regularly attends investment conferences in the U.S. and abroad and has served as a trusted advisor for high income / high net worth clients throughout his career. While with Source Capital Group, Inc., Mr. Hooper assisted in the development of a series of Opportunity Funds beginning in late 2008 and continuing at present.
Joseph holds a black belt in Karate studying the disciplines of Goju-Shorei. He is an expert in weapons and other hand-to-hand combat and teaches this art here in Bowling Green. At 55 years of age, he still competes in the regional tournaments.
Bud Belcher is Vice President of Business Development of Encore Energy, Inc. and is a very important member of executive management. He has over 16 years of experience in the oil and gas industry. Mr.Belcher was literally raised in the oil patch, as his family owned and operated multiple oil and gas wells on the family farm, since his childhood.
He has been active in many different areas of the business such as project structuring, sales management, investor relations, and field operations. His recent focus has been program funding and the design of a variety of oil and gas projects. Mr. Belcher holds FINRA series 63 and 22 licenses and is registered with the state of Kentucky. Mr. Belcher has appeared on Fox Business, C-Span and several financial radio broadcasts across the United States. He has actively been involved with the drilling of a multitude of projects throughout the domestic US.
Mr. Belcher resides in Bowling Green, KY with his wife Misty and their two daughters 14 and 4 years of age.
Alma Tabor - Director of Administration
Ms. Tabor is an integral part of Encore's business operations and provides support to management in all areas of accounting, legal, land, graphic design and prospect development. Ms. Tabor's involvement with the company's partnership revenue distribution, tax reporting, regulatory compliance and operations reporting is critical in providing transparency and a clear channel of communication to shareholders and investor partners. Ms. Tabor holds a bachelor degree of science in Industrial Technology with the Option in Graphic Communications and an associate degree in Technical Illustration from Western Kentucky University. She also graduated from Bowling Green Vo-Tech in CAD Drafting.
Encore's officers, directors and/or issuer agents each undergo an extensive criminal background, financial credit check, and are required to pass the FINRA Series 22 Direct Participation and Series 63 Uniform State Securities Agent Law exams and register pursuant to KRS 292.330