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Mr. Worthey was a founding officer of Denbury Resources Inc. since his employment there in 1992, some 14 years ago. In 2006 Mr. Worthey retired from Denbury Resources as Senior Vice President—Operations, where he was responsible for all aspects of the company’s field operations. Denbury Resources owns the largest reserves of CO2 used for tertiary oil recovery east of the Mississippi River, is the largest oil & gas operator in Mississippi, and holds key operating acreage in the onshore areas of Louisiana, Alabama, and the Texas Barnett Shale.
Mr. Worthey also worked at Coho Resources from 1985 to 1992 as a geologist and then as an exploitation manager. He also worked at Newport Petroleum as a geologist from 1984 to 1985. Mr. Worthey served as a board member of Genesis Energy, L.P. from 2002 until 2006.
Mr. Worthey graduated from Mississippi State University with a Bachelors of Science in Petroleum Geology in 1984.
Company President & CEO John Works commented, “We believe that Mark will be a valuable addition to our Board of Directors since he clearly has achieved very impressive technical and operational results at Denbury Resources. Mark’s extensive CO2 enhanced oil recovery experience coupled with his technical and operational capabilities in the oil industry will serve Rancher Energy well as we move to our next stage of growth as a focused and disciplined company centered on tertiary operations.” | 