Pardee Resources Company Names Thomas A. Lopus as Senior Executive for Oil and Gas

Pardee Resources Company Names Thomas A. Lopus as Senior Executive for Oil and Gas

PHILADELPHIA--(BUSINESS WIRE)-- Pardee Resources Company (PRC) [OTC: PDER] has named Thomas A. Lopus as Senior Vice President, Oil & Gas. Pardee Resources is a Philadelphia-based firm that focuses on the acquisition, management, and responsible development of natural resource properties.

"Tom's addition to our senior management team will significantly enhance our capabilities in managing PRC's oil and gas property holdings and in identifying new opportunities," said Carleton P. Erdman, president and CEO of Pardee Resources Company. "Tom brings great depth of experience and insight into all phases of oil and gas asset exploration, development, and management."


Mr. Lopus will have executive oversight and responsibility for all of PRC's oil and gas operations, including asset evaluation and acquisition. Mr. Lopus has more than 30 years experience in oil and natural gas exploration, development, and production, especially in the Gulf states and the Appalachian region. PRC owns and leases properties for oil and gas development in Pennsylvania, Virginia, West Virginia, Kentucky, Indiana, Louisiana, Texas, Oklahoma, Kansas, Arkansas, Colorado, and New Mexico.

In addition to his technical experience, Mr. Lopus is an expert in business development, economic analysis, and technological innovation within the energy field. Mr. Lopus is a certified Professional Engineer, and holds a BS in Petroleum and Natural Gas Engineering from Penn State University. He is a founding board member of the Marcellus Shale Coalition.

Pardee Resources Company manages rights for coal, oil, natural gas, minerals, and timber on properties in 13 states, and owns approximately 195,000 acres of timberland, over 300 million tons of coal reserves, and approximately 10 billion cubic feet equivalent of oil and gas reserves. The firm also owns distributed solar-generated electricity installations in New Jersey and California totaling 8.6 megawatts of capacity. For more information, visit www.pardee.com or email generalinfo@pardee.com.



Pardee Resources Company
Richard Wells
610-667-2382 (O)
610-955-9636 (M)
Richard@thewellynngroup.com

KEYWORDS:   United States  North America  Pennsylvania

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