Shannon Johnson

Experience

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  Delta Drilling Company, NE Exploration Division

  Jun 1980 - Jun 1982

  Aid to Basin Analyst

  Mr. Johnson has been engaged in all manner of petroleum pursuits starting with his attachment to the NE Exploration Division Basin Analyst where he researched and acquired deep Appalacian Basin geologic research aimed at new frontiers within the basin. He was tasked with developing a shallow reconnaissance model of the division's 17 county AMI with Texaco, Inc. and provided the developmental scheme for the company's Cherry Hill Field in his last year of employment there. This was a strongy formative experience for him. While there he was exposed the mentoring of an extraordinary class of oil professionals, (i.e. geologists, engineers and land personnel) with wide ranging experience. It was there that he developed an enduring pre-occupation with oil and gas economics which would provide the underpinning of all future endeavors. Show less

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  Mark Resources Corporation

  Jun 1982 - Aug 1984

  Geologist

  Mr. Johnson worked as a development geologist in charge of northeast Ohio field developments as well as prospect originator in Devonian fairways of southwest Pennsylvania.

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  Summit Energy Corporation subsidiary of Castle Energy Corp.

  Aug 1984 - Oct 1989

  Director and V. P. Operations

  Mr. Johnson was co-founder (principal shareholder) and director of Summit Energy, a subsidiary of Castle Energy, Bluebell, PA. He was a prospect generator and provided oversight to the companys' drilling, completion and production strategies. He was instrumental in providing critical support and analysis of the parent company's numerous acquisitions and re-entry strategems. Mr. Johnson became familiar with well-bore design, cement and cementing opertions, fracture stimulation technique and drilling as a result of his tenure there, disciplines he would employ over the drilling and completion of hundreds of new wells in the yeas to follow. Show less

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  Mid-Penn Energy

  Oct 1989 - Jan 2000

  President

  As President and Chief Executive of Mid Penn Energy Mr. Johnson was instrumental in the drilling of over 250 wells and the deployment of substantial capital for new well drilling, new field discoveries and development and the construction of production and transportation facilities neccessary to effectuate production. He managed negotiation and relations with industry independents (i.e. Enron Oil and Gas, Angerman Associated, Snyder Incorporated Companies, PAJW Trust and Amerex, among others. These companies would enjoy very high returns on their invested capital. Mid-Penn was ranked 8th among outside operated ventures for Enron's Midcontinient (OK City) Division and provided them rates of return marginally in excess of 65%. His office was responsible for the negotiation and acquisition of leasehold lands in favor of the joint venture partners, the production, JIB and distribution of revenues and royalties to numerous parties. Mr. Johnson was also primarily charged with the resolution of the company's numerous drilling prospects which ranged from Centre and Clearfield Counties, Pennsylvania thence south to and including Marion, Monongahela and Kanawha Counties, West Virginia. Show less

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  Cutbank Energy Affiliates, LLC

  Jun 2008 - now

  Owner

  Cutbank Energy Affiliates was created for the purpose of conducting the full range of operations and functions related to the creation of, development of and administration of oil and gas developmental prospects originated by the owner. Recent oil and gas activity has focused on portions of central and south central Illinois and ancient carbonate environments. Immediately before that Mr. Johnson was fundamentally responsible for the resolution of numerous "deep" Paleozoic reservoirs along a million acre corridor in western West Virginia where along with affiliated clientele he developed oportunisiic leasehold as drilling feedstock. Reservoir targets there included the deep Point Pleasants fm., the Silurian Newburg and Devonian Oriskany and shallower reservoirs. More recently he has focused on gold prospects in south central Alaska where he has spent several months in the field investigating and documenting placer gold and metalliferous lode occurrences, mostly in the Mulchatna River basin. Still more recently my professional focus has been the solicitation of and purchase of undeveloped mineral reserves and royalty in the Appalachian Basin. This activity has been almost entirely focused on Marcellus minerals with a concentration in southwestern Pennsylvania. This work necessarily incorporates reserve and cash flow modeling, customer sales and relations and sales and salesmanship.Further to that work Mr. Johnson has most recently completed the VLTA's Certified Title Examiner's continuing educational requirement and is a Virginia Certified Title Examiner. Show less