EnerJex Resources Inc., a domestic onshore oil company with assets located in Eastern Kansas and South Texas, has appointed Richard Menchaca to its board of directors. Additionally, he has been elected to serve on the company’s Audit Committee.
Menchaca has more than 20 years of experience in the commercial banking and energy industries. He is currently the president and CEO of Petroflow Energy Corp., an oil and gas exploration and production company based in Tulsa, Oklahoma. Menchaca became a director of Petroflow in June 2009 and was appointed to his current position in May 2010. Petroflow is currently executing an active drilling program in multiple project areas located in Oklahoma, Kansas and Illinois.
Menchaca has been a founder and principal of several privately owned oil and gas companies with operations located in Texas, Oklahoma and Louisiana. Previously, he was one of the founding members of the Oil and Gas Banking Group at Guaranty Bank, which became the bank’s most profitable lending group in less than 18 months with over $900 million in loans to the oil and gas industry.
Menchaca graduated from the University of Texas at Arlington with a Bachelor of Business Administration degree in finance, and received a graduate degree from Southern Methodist University’s Southwestern School of Banking.