Former execs from Shenandoah Energy, Cody Energy form Ox Bow Energy

By the OGJ Online Staff
HOUSTON, Feb. 25 -- Former executives of Shenandoah Energy Inc. and Cody Energy LLC said Monday they have formed a new firm, Ox Bow Energy Corp. All three companies are based in Denver.

The new firm will focus on acquisition and exploration of oil and gas producing properties in onshore basins to include the Rocky Mountains, the Midcontinent, and Permian basins, the companies said.

Heading up the new firm as chairman, president, and CEO will be Mitchell L. Solich, formerly CEO of Denver-based Shenandoah Energy, which was sold to Questar Corp. in August 2001. "Ox Bow's strategy is to acquire and further exploit underdeveloped oil and gas fields to generate growth and shareholder value," Solich said.

In the position of senior vice-president, corporate development, will be Geoff Solich, formerly with Cody Energy, which was acquired by Houston-based Cabot Oil & Gas Corp. in August 2001.

Terry Sherban, formerly with Venoco Inc., Santa Barbara, Calif., will join Ox Bow as vice-president, engineering, and Dan Taylor, formerly with Cody Energy, will serve as vice-president, accounting and finance.

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