Oklahoma City, OK-based Tapstone Energy has named Steven C. Dixon as CEO. Dixon will replace Tom L. Ward effective Jan. 1, 2017. Dixon has over 36 years of industry experience and most recently served as executive vice president of operations and geosciences and COO of Chesapeake Energy. Ward, who founded Tapstone, SandRidge Energy and co-founded Chesapeake Energy, will maintain a large ownership stake in Tapstone and again focus his efforts on a new venture to be based in Oklahoma City.
"Tapstone has acquired and developed an impressive acreage position in a prolific area of the Anadarko Basin referred to as the NW Stack. I am pleased to bring my years of experience to this exciting play," commented Dixon.
"I am thankful for Steve and his commitment to lead Tapstone into its next chapter," Ward said. "The company is well positioned to experience incredible growth under his leadership. I am also grateful to GSO Capital for their partnership and board leadership provided in launching Tapstone."
Tapstone is a growth-oriented, independent oil and natural gas company focused on the development and production of oil and liquids-rich natural gas resources in the Anadarko Basin in Oklahoma, Texas and Kansas.