Michael R. Keener
Mercer, Monteleone, Lurie
, and Cooper were elected to the Board pursuant to the Stockholders Agreement, which provided for the election of five new members of the Board of directors to be selected by an ad hoc committee of institutional investors.
, age 53, has over 30 years of experience in the energy sector.
Since January 2011, Mr. Keener has served as a Principal of KP Energy, providing mezzanine debt, private equity and direct asset ownership primarily with exploration and production companies in North America.
Prior to joining KP Energy, Mr. Keener worked as a Managing Director in the energy team of Imperial Capital LLC from October 2009 until December 2010.
From February 2003 until their acquisition by Imperial Capital in October 2009, Mr. Keener served as Principal and Managing Director of Petrobridge Investment Management, LLC.
From 1981 to 2003, Mr. Keener served in a number of roles in Royal Dutch Shell PLC including as Director and Vice President of Shell Capital and Financial Advisor to Shell Offshore.
Mr. Keener also has served on the Board of Directors of Dune Energy (OTC Bulletin Board: DUNR) since January 2012.
Mr. Keener holds a degree in Business Administration from Bloomsburg University and a Masters of Business Administration from Loyola University.
Pursuant to the Plan and the Stockholders Agreement, the New Board was required to consist of five (5) directors, including (i) two (2) individuals designated by Whitebox
(Jacob Mercer and L. Melvin Cooper), (ii) two (2) individuals designated by ZCOF
(Will Monteleone and Ben Lurie) and (iii) one (1) individual designated jointly by Whitebox, ZCOF and Waterstone