Platteville-based oil and gas exploration firm Synergy Resources Corp. named Lynn Peterson, the co-founder and former chief executive of Kodiak Oil & Gas Corp., as its president, officials announced Thursday.
In this role, Peterson will work closely with co-CEOs Ed Holloway and William Scaff in the evaluation of asset acquisitions in the Wattenberg Field and Northeast Wattenberg Extension Area of the Denver-Julesberg Basin, officials for Synergy (NYSE:MKT) said.
Whiting Petroleum Corp. acquired Kodiak Oil & Gas last year in a $6 billion deal. The transaction created the largest producer in the Bakken/Three Forks shale formation in North Dakota, officials said.
“I believe the addition of Lynn Peterson to our team will prove to be one of our most significant acquisitions. Lynn is a native Coloradan, whom I have known since the early 1970s when we were both attending the University of Northern Colorado, and he fits well into our corporate culture,” Holloway said in a statement. “(Peterson’s) experience in building Kodiak from the ground up into a multi-billion dollar company will be invaluable to Synergy as we continue our rapid growth.”
Alicia Wallace: 303-954-1939, awallace@denverpost.com
