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Steve Stengell

Encore Energy
CEO Chairman

Steve Stengell is CEO of Encore Energy, Inc. specializing in oil exploration and production in Kentucky. He is the former president of E & P Company, Allied Energy, Inc. and Allied Operating TX and OK. Stengell supervises horizontal discoveries in the Georgetown Buda (gas / liquids) and Woodbine Sand of Texas (oil) and shallow oil and gas developments in northern Oklahoma. The Texas Woodbine horizontal Wallrath #1H produced 58,000 BO in its first year. Stengell facilitated the placement of an estimated $50 million of private capital in properties throughout the US. He has extensive investor relations and SEC compliance experience for private and public investors and extensive experience in oil and lease acquisition, production acquisitions / divestitures of the Utica Shale play of Eastern Ohio. He received the Bowling Green "2010 Business of the Year" Community Impact Award and completed both the 2004 IPAA Harvard Executive Management Program and the 2006 Texas A & M Petroleum Engineering "Reserves and Valuation" Graduate Certificate Program.