|
Over the past 28 years, Mr. McCabe has overseen the drilling and completion of over 200 oil and gas wells, and has been instrumental in raising over $60 million in drilling funds. From 1980 to 1985, Mr. McCabe directed the drilling and operation of over 150 wells in Oklahoma with a completion rate in excess of 80%. In 1982, Stanton Energy, Inc., a company formed by Mr. McCabe, was ranked 24th out of over 2,500 operators in Oklahoma according to the Oklahoma Corporation Commission drilling and completion activity records. In 1989, Mr. McCabe became a co-founder of Magnum Petroleum, Inc., assisting the company in evaluating projects and aligning the company with strategic industry partners in Oklahoma. Mr. McCabe became a board member after the acquisition of Hunter Resources, Inc. assisting in a smooth management transition. Mr. McCabe resigned in 1996 to pursue other interests. | 