Eclipse Resources Announces New Executive Management Members
STATE COLLEGE, Pa., June 1, 2011 /PRNewswire/ — Eclipse Resources announced today Thomas S. Liberatore has joined the company as a partner and member of its executive management team as Executive Vice President and Chief Operating Officer. Mr. Liberatore brings to Eclipse Resources over 30 years of oil and gas experience in the Appalachian Basin.
Most recently, Mr. Liberatore served as Vice President and Appalachian Regional Manager for Cabot Oil & Gas Corporation where he managed over $700 million in drilling and acquisition investments, including the drilling of over 1,100 wells, construction of over 700 miles of pipeline and the initiation of horizontal drilling programs in both the Huron Shale and the Marcellus Shale. Mr. Liberatore received his Bachelor of Science degree in Geology from West Virginia University. He is a member of the American Association of Petroleum Geologists, Appalachian Geological Society, has served on the Board of Directors of the West Virginia Oil and Natural Gas Association, is a Past President of IOGA WV and is a registered professional geologist in the Commonwealth of Kentucky.
Eclipse Resources is also pleased to announce that Brian Panetta has joined the company as Vice President of Geology. Before joining Eclipse Resources, Dr. Panetta was a geologist with Waco Oil & Gas where he was responsible for geological and petrophysical analysis of the Marcellus Shale and Utica Shale and the development of their Marcellus Shale drilling program in West Virginia. Prior to joining Waco in 2009, Dr. Panetta served as a Senior Geologist for Chesapeake Energy Corporation where he was responsible for geological and petrophysical analysis of the Marcellus Shale in southwest Pennsylvania and West Virginia. Dr. Panetta earned his Bachelor of Science degree in Geology from the University of South Carolina, Master of Science degrees in Geology from the University of Kentucky and The University of Alabama, and a Doctorate degree in Geology from The University of Alabama. He is a member of the American Association of Petroleum Geologists and is a registered professional geologist in the State of Alabama.
About Eclipse Resources
Eclipse Resources is a State College, Pennsylvania based oil and gas company focused on the acquisition, exploration and development of unconventional oil and natural gas properties in the Appalachian Basin, including the Marcellus Shale, Utica Shale and Upper Devonian Shales. Founded in 2011 in partnership with EnCap Investments, Eclipse Resources follows the success of the management team’s proven track record in building successful oil and gas enterprises. For more information, please visit www.eclipseresources.com.
About EnCap Investments
Since 1988, EnCap has been the leading provider of private equity to the independent sector of the U.S. oil & gas industry. The firm has raised 15 institutional oil and gas investment funds totaling approximately $11 billion and currently manages capital on behalf of over 200 U.S. and International investors. EnCap professionals represent more than 250 years of experience in the energy finance and investment business and have established a reputation as an innovative, “value-added” source of private capital to the independent sector. EnCap has a proven track record having successfully invested with approximately 175 upstream and midstream oil & gas companies. For more information, please visit www.encapinvestments.com.
SOURCE Eclipse Resources Operating, LLC