Termo Honors Long-Time Team Members

August 20, 2012

 During Termo’s Annual Meeting Weekend we had the opportunity to celebrate and thank many of our team members for their long years of service to the company.  It is a true testament of the longevity of the company and our abilities that in each of our business areas a handful of senior staff have well over 100 years of combined service with Termo.

Our Operations Area Supervisors include veterans Jessie Hebert, Mike Morgan, Joe Randall, and Calvin Ito – all have been with the company more than 20 years.    They are supported by other long-time dedicated staff such as Dave Allen, Daniel Rodriquez, Dan Murry, Ben Ferreira and Damian Stehly, each with decades of experience.

In the corporate office, we are kept grounded and humble by our HR Manager, Royalty Relations Manager, and Company Historian Donna Sheaffer who, in her 25 years with Termo, has always run a tight ship and looked out for our well-being.  Other notable team members with greater than 15 years with the company include Bill Buss, our Vice President of Operations;  JacquieTran, Accounting Supervisor;  Rae Lynne Black, our Regulatory Manager;  Sarah Pendleton, Land Assistant; and Pat Decker, our Production Technician and Map Specialist.  At the helm of this truly outstanding team remains David Combs, as dedicated a CEO as there ever was having shepherded the company from a small enterprise to the quality Independent E&P it is today with more than 45 years of dedication.

The commitment, service, and knowledge of these and other team members is what makes Termo the truly unique, and uniquely qualified, independent Oil and Gas Exploration and Production company it is today.

Non-Operated Interest in the Grand Cheniere Field Looks Strong

July 6, 2012

The Sturlese #1 Well operated by Brammer Engineering was recently completed to a depth of 16,400 ft.  The well flowed at a rate of 1,560 MCFPD, 312 BOPD and zero water for a 24 hour test period.  Significant bottom hole pressure indicates a very strong rate of flow can be expected from this well for some time.  The well is located in the North Grand Cheniere Field, Cameron Parish, Louisiana.

Termo has a minority interest in this well along with several of our partners. Termo is quite pleased with the performance of this well and the exceptional work performed by Brammer on behalf of its partners.

Termo Bids Farewell to a Long Time Supervisor

July 2, 2012

Friday June 29th marked the end of long time Termo Lease Supervisor Bill Nickerson’s career with the company.  His retirement comes after 19 years of service and dedication to Termo and 40 plus years in the oil and gas industry.  Bill came to Termo from Shell and oversaw our operations in Northern Los Angeles and Kern Counties as well as our Sacramento Valley gas production.

Bill made significant contributions to the operational performance of Termo through his strong focus on safety and environmental compliance.  He could be tough and he demanded a strong performance from contractors and staff, but in so doing drove his colleagues and staff to be better operators.

While we are saddened that he is leaving our family, we are pleased that he will get some much need rest and relaxation and time with his.  He and his wife of 47 years are looking forward to spending summers with family in Montana and indulging in his favorite pastime – fishing. 

America’s New Energy Reality - Article from the NY Times

June 14, 2012

Very interesting and provides a great insight.  Yergin and IHS always deliver quality insight.

http://www.nytimes.com/2012/06/10/opinion/sunday/the-new-politics-of-energy.html?smid=pl-share

Long Beach City Council Recognizes Termo for Lease Beautification Efforts

May 18, 2012

On Tuesday May 15thTermo received a Certificate of Recognition from the City for its beautification efforts in and around its Long Beach Area Leases.  This is the culmination of several years of effort and work which was started by Oil Operators Incorporated.  Our Southern California Area Supervisor Calvin Ito led the effort on our behalf and we congratulate and thank him and his team for all the time and dedication they put in, and recognizing the importance of being a good neighbor and doing what is right for the community.

We are extremely pleased and proud to have this acknowledgement of our ongoing community involvement.  Hearty congratulations to our local industry peers which were also recognized - Oil Operators and its President Kevin Laney, Graner Oil Co., and E&B Natural Resources.