Leadership Team and Steve Stengell Bio
Steve Stengell is President CEO, Chairman and the Founder of Encore Energy, Inc. and specializes in oil and natural gas lease acquisition, prospect development, exploration, engineering, and production in Kentucky. Mr. Stengell’s focus is the horizontal well development of the Berea Sandstone in East Kentucky, and is also developing a six (6) mile natural gas “gathering system” or pipeline in Lawrence County, Kentucky.
Mr. Stengell is the former President CEO of publicly traded E & P Company with 50+ employees. 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 horizontal Wallrath #1H produced 58,000 BO in its first year and was later reportedly acquired by Halcon Resources. 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 is also responsible for shallow vertical oil discoveries in Warren County, Kentucky, including the Roppel and Trent Warsaw Sand and Corniferous Dolomite oil discoveries.
Mr. Stengell 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 2014 Bakken 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, ten (10) and eighteen (18) years of age.
Practice Areas
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Specialties
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