MATTHEW A. EAGLESTON
President and CEO; Manager
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Fairway Resources: Co-founder of Fairway Resources in 2005; President and Chief Executive Officer since the company’s formation; member of the Board of Managers
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The Wiser Oil Company: Recruited in 1995 as a Project Engineer with a focus on the Permian Basin; promoted to Vice President of Production in 2001; promoted to President in 2003 and served in that capacity until the sale of the company in July of 2004
- Snyder Oil Corporation: Recruited in 1991 as a Senior Engineer with a focus on the Permian Basin; responsible for management of approximately 400 company operated wells and over 1,500 non-operated wells
- Other Employers: Fina Oil and Chemical, Natural Resources Management and Petro-Lewis Corporation in various engineering and production capacities, primarily with a focus on the Permian Basin
- Education and Memberships: BS in Petroleum Engineering from Texas Tech University; member of the Society of Petroleum Engineers and the Pi Epsilon Tau and Tau Beta Pi engineering honor societies
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LESTER K. STEPHENS
Chairman and CFO; Manager
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Fairway Resources: Co-founder of Fairway Resources in 2005; Chairman and Chief Financial Officer since the company’s formation; member of the Board of Managers
- Stroud Energy, Ltd.: Recruited in 2002 as Vice President of Finance and CFO; resigned to start Fairway Resources in late-2004
- Bank of America: Recruited in 1984 as a Vice President in the Project Finance Group; promoted to Managing Director in 1997; provided financial advice on, arranged capital for, and underwrote limited-recourse debt for oil and gas projects, power plants and pipelines totaling over $5 billion
- Crocker National Bank: Recruited in 1975 as a Management Trainee; joined the Energy Group in 1978; promoted to Vice President in 1980; opened Denver Office in 1982
- National Bank of Alaska: Recruited in 1970 as a Management Trainee; promoted to Assistant Vice President and Loan Officer in the Main Office in 1971; resigned in 1973 to attend graduate school
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Education: BS in Business from Oregon State University; MBA from the Stanford Graduate School of Business, where he received the Arjay Miller Award
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JOE E. SMALL
VP – Land
- Fairway Resources: Joined Fairway Resources as Vice President – Land in 2005
- Sole Proprietor Landman: Worked for four years for Lyco Energy Corporation and other independents; negotiated and closed lease acquisition packages for Lyco totaling approximately 150,000 acres in the Bakken trend of Montana
- Redstone Oil & Gas Company: Recruited in 1994 as Vice President of Land; primarily focused on activities in the Anadarko, Permian, Arkoma and East Texas Basins
- The Grayrock Corporation: Recruited in 1980 as the Land Manager; primarily focused in East Texas and North Louisiana
- Triton Oil & Gas Corp.: Recruited in 1977 as a Staff Landman; primarily focused in East Texas and North Louisiana
- Education and Memberships: BS in Business from Texas Tech University; Certified Professional Landman and a member of the American Association of Petroleum Landmen; served two separate terms on the Board of Directors of the Dallas Association of Petroleum Landmen
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JOHN A. FANNING
Manager
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Fairway Resources: Recruited as a member of the Board of Managers in 2005
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Has held senior positions at several companies, including President and Chief Executive Officer of The Western Company, a worldwide provider of services to the oil and gas industry; Chief Operating Officer of Snyder Oil Corporation, a large independent oil and gas production company; Chairman and Chief Executive Officer of Kustom Koncepts, Inc., a manufacturer of mobile medical equipment, trailers and customized vans; Chief Executive Officer of Psycor International, a software company involved in improving the reliability of the electric utility grid in the United States; Chief Executive Officer of Heartland Wireless Communications, Inc., a wireless cable television service company
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Is presently involved with several privately held entities, including companies involved in oil and gas development and production, manufacturing for the quick change lubrication industry, and various energy technologies; currently manages Fluid Compressor Partners, an entity that enhances natural gas production through advanced compressor technology; is a principal with Western Strategic Advisors, an investment banking organization; is the owner of F&H Energy, an oil and gas producer, and Unilube Systems, a company that manufactures safety products for the fast lube industry
- Has served on the Boards of Directors of five publicly traded companies and currently serves on the Boards of several privately owned entities; BS in Physics from Holy Cross College, where he graduated magna cum laude; MS in Industrial Management from the Massachusetts Institute of Technology
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