Burrite Inc. Advisory Board

ADVISORY BOARD AND INVESTMENT COMMITTEE CHAIRMAN

With over 40 years in the Oil & Gas Industry Mr. Simmons has built a number of successful oil companies including most recently Maverick Drilling & Exploration, where he co-founded and built a $7 Million family private enterprise into a public drilling and production company with a $600 Million market cap during his tenure and the top performing public company on the Australian Stock Exchange in 2012. This was his fourth in a string of successful public oil companies over four decades.


Brad is responsible for the drilling of thousands of wells during his career. He has a Bachelor of Science Degree from Yale University in Administrative Science with emphasis on Finance.


Brad’s own self-proclaimed key to success has been bringing together the best “superstars” across all divisions of energy from the wellhead to the boardroom and being “the glue” by creating an environment to empower all of them beyond their own expectations by working together. The results have proven to be quite significant. His new goal is to do the very same in this exciting new project.    

ADVISORY BOARD AND INVESTMENT COMMITTEE MEMBER

While a managing partner at Willard Securities in 1984, Art joined Petroleum Development Corporation (PDCE) as director of sales and marketing in 1984 when PDCE was a penny stock with oil and gas operations only in the Appalachian Basin.


He designed and implemented the corporate finance, and marketing plan, as well as the investor relations program that helped raise PDCE over $1 Billion Dollars through investor partnerships, which in turn, helped accelerated development of PDCE’s lease inventory and development of company owned reserves.

 

Art’s investors relations programs were annually recognized as one of the best in the industry and helped PDCE achieve an annual reinvestment rate of investor partner in the 65% range.  As compared to when Art had started with PDC in the $0.50 per share range, PDCE was added to the Russell 2000 Index of companies in 2003 and, traded as high as $75 per share. Mr. Seligman also established the major financing sources for PDCE’s bond and equity issues totaling over $2 billion dollars.


Art graduated from Montclair University Summa Cum Laude with a Bachelor of Arts degree. 

ADVISORY BOARD MEMBER

Strategic Energy Executive with operations and academic experience. Thought leader in energy: 30+ essays in major media outlets, and 200+ quotes worldwide—billions of views—including The New York Times, NPR, Marketplace, Hearst newspapers, WSJ, Forbes, Xinhua, and RT. 


Focus on Energy Transition, Sustainable Energy, Oil and Gas Markets, Electricity Markets, and corporate governance. Professional Relationships with C-Suite Executives and Scholars. 


Yale University, BA with honors and distinction and MA (Economics) 1979, MBA 1981 Studied with Nobel winners Tjalling Koopmans, James Tobin and William Nordhaus; Presidential advisers Merton Peck and Paul MacAvoy; options valuation expert Stephen Ross; and game theorist, Pentagon adviser and investor Martin Shubik. Ed brings an element of strategic thinking and modeling to the Advisory Board of Burrite, unparalleled in peer energy investment platforms


ADVISORY BOARD AND INVESTMENT COMMITTEE MEMBER

Mr. Cole has over 30 years of experience in petroleum engineering and currently serves as a reservoir engineer providing asset valuation, reserve reporting, and financial diligence for Ralph E. Davis Associates and prior for Ryder Scott Company. Mr. Cole has extensive experience in both reservoir and operations engineering, acquisitions, re-developments, and divestments, both domestic and international, and has worked on conventional, CBM, salt domes and EOR projects across his career.


Prior, he was the Production and Reservoir Manager for Central Resources in Buenos Aires and Denver directing day-to-day operations, conflict resolutions (Argentine unions and environmental agencies), reserve reporting, financials, and long term development/enhancement including waterfloods, and use of alternate completion methods.


He implemented a broad cost cut and applied new technology to increase production and optimize capital spending. He held several prior positions in petroleum engineering including at Total, Colaine Energy, and Reunion Resources.


He earned a B.S. in Petroleum Engineering from Texas A&M University. 

ADVISORY BOARD MEMBER

Don was the president of Maverick Drilling company until his retirement in 2013 and has over 45 years experience in contract drilling in Texas, Louisiana, Oklahoma, and other areas in the Southwest of the United States.


Don joined Maverick in 1975 as vice president and was named president in 1977. He graduated from Tarleton State University in 1968 with a Bachelor of Science degree in Business Administration.


Don is a well-known driller with extensive expertise in the United States drilling industry, having drilled thousands of wells throughout the southwestern United States for Majors and Independents and has managed successful international drilling operations. 

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