Management Forum update - didn't see it posted yet.
August 1, 2007
In welcoming Mr. Michael Krasner to Drake Gold Resources, the company is dramatically expanding its organizational capacity. With the introduction of Mr. Krasner, DKGR has a much deeper ability to meet the challenges of its expansion. This management forum seeks to elaborate on the recent press release in regard to his addition to the management team. Mr. Krasner is a key component in the creation of the new oil and gas subsidiary. “With Michael’s involvement we can ensure this undertaking is being made with seasoned leadership and that profits will be maximized,” were the sentiments of president John Marconette.
Mr. Krasner has had a level of success with independent energy companies that is unprecedented. Much of this success has been due to his ability to draw on his and his father’s years of experience. He has been able to enjoy this success because of the kind of autonomy that is only available working outside of the major oil companies. In real terms, Mr. Krasner has helmed more than 100 successful oil and gas drilling projects. Many of which have included such challenging recovery efforts as offshore and horizontal drilling. Mr. Krasner brings this formidable skill set to the company and its oil and gas subsidiary.
Another important aspect of a career focused on building smaller energy companies is that executives must have a strong handle on expenses. Smaller organizations have much less room for underperformance than the majors. Mr. Krasner understands this exigence intimately, bringing fiscal discipline to an undertaking that can only flourish when expenses are controlled through strong and knowledgeable management.
Unless I've quoted a source, I know not what I speak of. Do the due.
