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Saturday, July 13, 2019 12:43:15 PM
Mr. Sonny Wooley, Chairman of the Board of Directors, founded the Company in 1989 operating it as a private company until going public in 1996. Mr. Wooley brings more than 30 years of experience in the upstream oil & gas industry. This includes marketing, exploration & production, asset development, and oil field services. He previously served as Senior Vice-President of Marketing at Nucorp Energy, and as President and Director of NTV Oil Field Services.
The Company is working to build their reserve base through proved developed producing (PDP) lease acquisitions with low risk development opportunities. Their production and development operations are in the Permian Basin in West Texas.
Adino Energy Corp., via their subsidiary, Intercontinental Fuels, LLC, operates a fuel storage terminal in Houston, Texas. This terminal is fully leased and distributes petroleum based products and bio-diesel to local wholesale and retail fuel distributors.
https://www.reuters.com/finance/stocks/company-officers/ADNY.PK
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