South Texas Oil adds to its executive team
South Texas Oil Co. has added two industry veterans to its executive team.
By OGJ editors
HOUSTON, June 20 -- South Texas Oil Co. has added two industry veterans to its executive team.
The company has appointed J. Scott Zimmerman president and Bill Zeltwanger vice-president.
Since 2004, Zimmerman served as president and chief executive of Storm Cat Energy, a publicly traded company that he founded.
In 2002 he was vice-president of operations and engineering for Evergreen Resources, overseeing more than 1,000 producing wells and 800,000 prospective acres. In 2004 Evergreen was acquired by Pioneer Resources for $2.1 billion.
Zimmerman's oil and gas industry experience also includes a 20-year tenure at Huber Corp., where he was instrumental in the sale of Huber's Fruitland coalbed methane field, a deal that netted more than $100 million in profit.
Zeltwanger for the past 6 years has been a partner in Giddings, Tex.-based Leexus Oil & Gas LLP, which recently sold its assets to South Texas Oil for $26 million. He began his oil and gas career in 1973 in South Texas and later worked with assets in the Austin Chalk and several new Wilcox field discoveries in Fayette and Lee counties in Texas.