Minnetonka, Minnesota-based Black Ridge Oil & Gas Inc. (OTCQB: ANFC), an exploration and production company focused on non-operated Bakken and Three Forks properties, has named Michael Eisele COO of the company, effective August 1, 2013.
Since August 2012, Eisele served as the company's vice president of land overseeing Black Ridge's acreage portfolio and acquisitions. Prior to joining the company, Eisele was the landman and co-owner of High West Resources Ltd. from 2011 to 2012 and the owner of Eisele Resources LLC from 2009 to 2012. Eisele is a graduate of Luther College.
"During his brief tenure with the Company, he has led the acquisition of high value leaseholds including the Stateline 14-3427H (8.3 WI%, 30 day IP of 26,299 boe), the SCHA 33-34 3H (6.25% WI, 30 day IP of 21,749 boe), and negotiated and executed the acreage swap with Samson. Under Michael's operating leadership, we believe the Company is well positioned to continue to grow oil and gas production, revenue, and EBITDA in the Bakken / Three Forks play, and continue to execute our strategy of aggregating high value non operated leaseholds," said Ken DeCubellis, Black Ridge's CEO.
Black Ridge Oil & Gas controls approximately 12,000 net acres prospective for Bakken and/or Three Forks development.