Code of Ethics

Tengasco, Inc. (the Company) has adopted this Code of Ethics specifically for its chief executive officer (CEO), president and all financial officers and executives (collectively, the financial officers and executives). The financial officers and executives subject to this Code of Ethics are designated and informed of such designation by Tengasco. The CEO and the financial officers and executives are subject to the following specific policies:

  • The CEO and the financial officers and executives will see to the full, fair, accurate, timely and understandable disclosure of reports or communications furnished, filed or submitted to the Securities and Exchange Commission as well as any other and public documents released by the company. Accordingly, the CEO and each financial officer and executive shall promptly bring to the attention of the Board of Directors any material information of which she or he may become aware that affects the disclosures made by the company in the public filings, if such information is not already being adequately addressed in public filings being prepared for the company.
  • The CEO and each financial officer and executive shall promptly bring to the attention of the Board of Directors any information she or he may have concerning (a) significant deficiencies in the design or operation of internal controls which could adversely affect the company’s ability to record, process, summarize and report financial data or (b) any fraud, whether or not material, that involves management or other employees who have a significant role in the company’s financial reporting, disclosures or internal controls.
  • In carrying out their duties, the CEO and each financial officer and executive shall endeavor to comply, and cause the company to comply, with all applicable governmental laws, rules and regulations.
  • The Board of Directors shall determine, or designate appropriate persons to determine appropriate actions to be taken in the event the CEO or any financial officer or executive violates the Code of Ethics. Such actions shall be reasonably designed to deter wrongdoing and promote accountability for adherence to the Code of Ethics. The company shall report at least annually any violations and actions taken by the Board of Directors.