Board of Directors
Peter E. Salas
Chairman of the Board
Peter E. Salas is president of Dolphin Asset Management Corp. and its related companies, founded in 1988. Prior to establishing Dolphin, he was with J.P. Morgan Investment Management, Inc. for 10 years, during which he served as Co-manager, Small Company Fund and Director, Small Cap Research. He received an A.B. degree in Economics from Harvard in 1976. Mr. Salas was elected to the Board of Directors on Oct. 8, 2002.
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Matthew K. Behrent
Matthew K. Behrent is an Executive Vice President, Corporate Development with EDCI Holdings, Inc. (NasdaqNM: EDCI ), where he is responsible for mergers and acquisitions, strategic alliances and corporate strategic planning. EDCI is a multi-national company that is seeking to enhance stockholder value by pursuing acquisition opportunities. Mr. Behrent has an extensive background in mergers and acquisitions, with twelve years of experience in corporate development, investment banking and corporate law with firms including Credit Suisse First Boston, Cleary Gottlieb Steen & Hamilton, Revolution Partners and Pillsbury Madison & Sutro. Mr. Behrent has been involved in the execution of a wide variety of transactions, including public and private company mergers and acquisitions, takeover defenses, leveraged buyouts, financial restructurings and public and private financings. Mr. Behrent received his J.D. from Stanford Law School in 1997 and his B.A. in Political Science and Political Theory from Hampshire College in 1992. He became a Tengasco director on March 27, 2007.
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Dr. John A. Clendening
Dr. John A. Clendening began his career a palynologist-coal geologist at the West Virginia Geological Survey from 1960 – 1968. He joined Amoco in 1968 and remained with the company as a senior geological associate until 1992. In the early 1970s Dr. Clendening was instrumental in performing geological studies and making recommendations that resulted in Amoco’s acquisition of large land holdings in northeast Tennessee. His work led directly to the discovery of what is now the company’s Paul Reed # 1 well. He further recognized that the area had significant oil and gas potential. He is credited with discovery of what is now Amoco’s Swan Creek Field. Dr. Clendening has served as president of the American Association of Stratigraphic Palynologists and also as president of the Society for Organic Petrologists. From 1992 – 1998 he was associated with Laird Exploration Co., Inc. of Houston, Texas, directing exploration and production in south central Kentucky. He has worked independently since 1998. Dr. Clendening received B.S. (1958), M.S. (1960) and Ph. D. (1970) degrees in geology from West Virginia University. Dr. Clendening previously served as a Tengasco director from Sept. 1998 to August 2000. On Feb. 28, 2003, he was again elected a director.
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Jeffrey R. Bailey
Jeffrey R. Bailey joined Tengasco in March 2002 as chief geological engineer. He was named Tengasco president in July 2002 and chief executive officer in Nov. 2005. He has twice served on the board, from Feb. 2003 to Aug. 2004 and from Oct. 2004 to the present. Mr. Bailey has 28 years of oil and gas exploration, management, and reservoir evaluation experience. From 1980 to 2002 he held various positions of increasing management and technical responsibility within Halliburton. While with Halliburton he worked in many countries in Central and South America, Europe, Africa and Asia, developing a special interest and expertise in carbonate reservoirs and log analysis. Mr. Bailey has authored and presented numerous technical papers and has taught log analysis and carbonate reservoir management at many companies and universities around the world. He is fluent in Spanish, and earned a B.S. degree in Geological Engineering in 1980 from New Mexico Institute of Mining and Technology.
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Hughree F. Brooks
Hughree F. Brooks co-founded Powerhouse Energy Solutions LLC in 2010, a company engaged in providing equipment and services to clients in the renewable and energy industry in the United States and abroad. Powerhouse is a provider of solar panels as well as advisory services to biofuel producers. Since 1998, Mr. Brooks has continuously provided consulting services in the oil and gas exploration industry. These services include land management, landowner representation, deal structuring and financing, and expert witness services. Mr. Brooks has 35 years of experience as a land manager with independent and major oil companies including Amoco Production, Mitchell Energy, Ladd Petroleum, Phoenix Exploration and Renown Petroleum Inc. His clients own in excess of 16,000 acres in South Louisiana with a long history of oil and gas production. In 2002, he founded and continues to serve as the Executive Director of Friends Of The Farm, a Texas nonprofit. Mr. Brooks is a licensed attorney who received his J.D. from Loyola Law School in 1980. He received his B.S. in Social Studies in 1976 from Loyola University in New Orleans.
