MCKE Breaking News Released Today!
DALLAS, Dec. 10 /PRNewswire-FirstCall/ -- The management of Morgan Creek Energy Corp. (OTC Bulletin Board: MCKE; M6C1-Frankfurt) has accepted the appointment of John Clayton Weldy Jr., BS Petroleum Engr, BS Mechanical Engr, M.S Environmental Engr, as a Board Director effective December 08, 2009.
Mr. Weldy is a highly knowledgeable petroleum engineer with over 18 years of international and domestic experience as a petroleum, mechanical and environmental engineer. Additionally, he has specialized knowledge extending from personal management in well completions, operations and production engineering.
He has over 15 years experience in open-hole completions. He completed the first horizontal open-hole completion for Texaco in unconsolidated sandstone using synthetic based mud in 1993, winning the Highest Innovation award from Texaco for design work in the completion of the 1993 horizontal open hole completion.
Mr. Weldy also has over 16 years of extensive sand control experience. Completion types range from cased and gravel packed (high rate water packs, circulating packs and squeeze packs) to cased hole frac and pack, to open hole sand control. He has extensive experience and knowledge of drilling and completion fluids and was the completion engineering lead at Shell for extensive lab tests of conventional and reversible synthetic based drill in fluids and solids free synthetic based pills for a GOM water injector project.
Mr. Weldy Jr. is currently Senior Completion Engineer at Eni Petroleum, New Orleans, LA, and has worked in senior management and as head of varying operations for Sandridge Energy of Oklahoma City (2008-2009), Deep Water Subsea Completions Engineer at Shell International and Exploration Company of New Orleans, Louisiana (2005-2008), VP Operations at Petroreal of America, Inc., in New Orleans, Louisiana (2004-2005) and as a self-employed consultant to a variety of companies preparing remedial and work over procedures, along with cost-estimates for existing oil and gas wells.
Prior to his senior-level management role, Mr. Weldy held the positions of Production Manager for Century Exploration, Inc. of Metairie, Louisiana (2001-2002); Senior Petroleum Engineer with Watson Energy, LLC. Of Mandeville, Louisiana (2000-2001), and Operations Engineer for Operation Services, Inc. of Lafayette, Louisiana (2000).
He is the co-author of an industry white paper, "Best Completion Practices", SPE paper #52810. John Clayton Weldy Jr. holds a Master of Science Degree in Environmental Engineering from Tulane University, a Bachelor of Science Degree in Mechanical Engineering from the University of Alabama and a Bachelor of Science Degree in Petroleum Engineering from the University of Alabama.
About Morgan Creek Energy Corp.:
Morgan Creek Energy Corp. is a natural resource exploration company engaged in the acquisition and development of strategic oil and natural gas properties. For further information see: www.morgancreekenergy.com
Symbol: OTCBB - MCKE; Frankfurt/Berlin Symbol - M6C1, WKN No.: A0QYTM; ISIN: 61732R 206