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PROFILES
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David
Hanks
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David Hanks, V.P. and co-founder
of H-Petro-R, Inc., as a third generation oilman oversees
drilling, exploration and field operations. Mr. Hanks gained
much experience in the oil industry working for his family
business, Hanks Drilling, Inc., and as an independent oil
and gas producer with Hanks Petroleum Corporation, an oil and gas
exploration company. In the late 1970s and early 1980s, Mr.
Hanks also secured over 200,000 acres of leasehold property
working as a consultant to various major oil companies. Mr.
Hanks worked overseas as the Managing Director for Exportech
Middle East LTD, with offices in London, England and Kuwait
where he oversaw oil and gas related exports of production
equipment to the Middle East and the acquisition and
management of several companies in Europe.
In 1980, at a young age, Mr. Hanks formed Hanks Petroleum
Corp. focusing on drilling, exploration and operating in the
mid-continental region of the United States. During this
time, David, with his staff and geologist partner, discovered oil and gas in Dewey County, Oklahoma, with the drilling of the Kennedy 1 to over 11,000
feet, which has produced over 1.5 Billion Cubic Feet (BCF) of
gas to date. Since then, 11 additional wells have been
drilled and the field has produced 8.7 BCF to date and is
still producing. Since its first success in the 1980s,
Hanks Petroleum Corp. went on to drill and develop many more
wells and fields in the midcontinent region that have
produced over 25 BCF and over 1 million barrels of oil. In
addition, Mr. Hanks has overseen many multiple well projects
and exploration programs that are still currently producing.
Mr. Hanks studied business economics at the University of
Maryland and Kings College in Cambridge, England.
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