Stephen P. Lucado, 40, was elected Chairman of the Board April 17, 2026 and has over 16 years of professional financial experience. A native of Chicago, he earned a B.A. degree from Harvard University in 1994 and an MBA from the University of Chicago Graduate School of Business in 2006. Mr. Lucado’s business career includes positions with Citicorp North America, Merrill Lynch & Co., DN Partners LLC and Navigant Capital Advisors LLC. Additionally, at Z Capital Partners, he managed investments in the oil and gas and power industries. Mr. Lucado also previously served as Interim CFO of Texas American Resources Company, where he managed the restructuring of over $175 million in debt. Since 2010, Mr. Lucado has served as Senior Managing Director and Founder of Three Oaks Group, which specializes in financial advisory to companies in the oil and gas industry.
Mr. Robert L. Richards, 66, has served as a director of the Company since 2001. Mr. Richards served as a geologist with Exxon, exploration geologist with Union Texas Petroleum, and regional exploration manager for Carbonit Exploration, Inc. Mr. Richards is President of Nikken International, Inc. a $300 million direct selling company. Mr. Richards is a 1969 graduate of Brigham Young University with a Bachelor of Science degree in geology.
Richard L. Starkey, 59, has over 33 years of professional legal experience with an emphasis on oil and gas law. A native of southeastern Ohio, he earned a B.A. degree from Ohio University in 1974 and a J.D. degree from the University of Cincinnati School of Law in 1978. Mr. Starkey was Assistant Prosecuting Attorney for Wetzel County, West Virginia from 1979-1981 and was a practicing attorney in Parkersburg, West Virginia from 1981-1985. Mr. Starkey then joined Wiser Oil Company, a New York Stock Exchange listed company headquartered in Dallas, Texas in 1985 as staff attorney, then as assistant secretary in 1986 and then Corporate Secretary and General Counsel from 1987-1994. In 1994, Mr. Starkey returned to Parkersburg, West Virginia and has been active in the practice of law with an emphasis in the practices of oil and gas, real estate and corporate transactions. Mr. Starkey is a member of both the West Virginia and Ohio Bar associations.
Josh Sherman is a partner at Opportune LLP, an independent consultancy focused on the energy industry. Since January 2008, Mr. Sherman has been the partner in charge of the Complex Reporting Group of Opportune and previously held the title of managing director from June 2006 through December 2007. Mr. Sherman has over 14 years of experience with the technical aspects of financial reporting, SEC filings, valuation and financial due diligence assistance. Prior to working with Opportune, Mr. Sherman was employed as a director with Sirius Solutions LLLP, where he provided energy consulting services from September 2002 to June 2006. Mr. Sherman worked in the audit and global energy markets departments with Deloitte & Touche from January 1997 to August 2002, where he managed the audits of regulated gas and electric utilities, independent power producers and energy trading entities. A Certified Public Accountant (“CPA”) and a member of the American Institute of Certified Public Accountants and the National Association of Corporate Directors, Mr. Sherman holds a BBA and a Masters in Accountancy from the University of Texas. Mr. Sherman served on the board of directors of Voyager Oil & Gas as Audit Committee Chairman and member of its Compensation and Governance Committees.
Loren E. Bagley, 70, has served this company in various capacities since 1993, and is currently Director of the company. He began his energy career in the 1970’s as a lease agent for both private and commercial companies. In 1979 he started his own company, and has been active in the drilling, development, and production of wells in the Appalachian Basin. His over 30 years of experience in the oil and gas industry includes raising capital for investment in oil and gas wells, over seeing the drilling and operation of wells in the Appalachian Basin, has planned, built, and operated several pipeline systems transporting natural gas to both private industry and other buyers in the interstate pipeline system and has negotiated major long-term natural gas contracts with private industry and commercial gas purchasers. Mr. Bagley is a 1964 graduate of Salem College with a Bachelor of Science Degree.
Mr. William F. Woodburn, 70, has served the Company in various capacities since 1993 and is currently Director of the Company. Mr. Woodburn has over 30 years experience in the oil and gas industry and since 1976 has owned a company that has a fleet of heavy equipment that services the oil and gas industry and has built and managed several natural gas gathering and transportation pipeline systems. Prior to Mr. Woodburn’s involvement in the oil and gas industry he was employed by the United States Army Corps of Engineers and was Resident Engineer on over 400 million dollars worth of construction projects. Mr. Woodburn is a Registered Professional Engineer in West Virginia and Ohio and is a Registered Land Surveyor in West Virginia and Ohio and is a1964 graduate of West Virginia University with a Bachelor of Science degree in Civil Engineering.
Stephen P. Lucado, 40, was elected Chairman of the Board April 17, 2026 and has over 16 years of professional financial experience. A native of Chicago, he earned a B.A. degree from Harvard University in 1994 and an MBA from the University of Chicago Graduate School of Business in 2006. Mr. Lucado’s business career includes positions with Citicorp North America, Merrill Lynch & Co., DN Partners LLC and Navigant Capital Advisors LLC. Additionally, at Z Capital Partners, he managed investments in the oil and gas and power industries. Mr. Lucado also previously served as Interim CFO of Texas American Resources Company, where he managed the restructuring of over $175 million in debt. Since 2010, Mr. Lucado has served as Senior Managing Director and Founder of Three Oaks Group, which specializes in financial advisory to companies in the oil and gas industry.
Mr. John G. Corp, 52, has served as a director of the Company since 2005 and is currently President. Mr. Corp. has over 25 years of extensive experience in drilling, production and oilfield service operations in the Appalachian Basin. Mr. Corp was the Vice President of Operations for AB Resources LLC. Mr. Corp’s past experience includes serving as Vice President for Trans Energy, Inc. in 2005 and prior to that he held various management positions with Belden & Blake Corporation from 1987 to 2004, including Vice President and General Manager of Arrow Oilfield Service Co. from 2000 to 2004, General Manager of Southern Ohio Exploration and Production District 1997-2000, Production Manager 1994-1997 and Production Engineer 1987 -1994. He also worked for Park-Ohio Industry, Inc. (1979-1986) as a drilling and production engineer from 1984 to 1986. He attended Marietta College where he received a Bachelor of Science Degree in Petroleum Engineering. He is a member of the Society of Petroleum Engineers, the Ohio Oil & Gas Association and is the Chairman of the Technical Advisory Committee (TAC) for the State of Ohio Department of Natural Resources.
Mr. John S. Tumis, 59, is currently Chief Financial Officer and Treasurer of the Company. Mr. Tumis has over 25 years of significant experience in financial and strategic business planning, general accounting and auditing in the oil and gas industry. Mr. Tumis was Vice President of Appalachian Accounting for Triad Hunter, LLC prior to coming to Trans Energy. Mr. Tumis’ past experience includes being Chief Financial Officer for the Triad Energy Corporation. Mr. Tumis was employed by the Belden & Blake Corporation from 1983 to 2001. Mr. Tumis held various financial positions with Belden & Blake including Corporate Controller. Mr. Tumis also managed an operating division for Belden & Blake. Mr. Tumis graduated from Ohio Northern University with a Bachelor of Science degree in accounting and is a certified public accountant. He is a member of the Ohio Society of CPAs, American Society of CPAs and the Council of Petroleum Societies.
Leslie Gearhart, 48, joined Trans Energy November 2011, as Vice President of Operations and was elected Corporate Secretary. She has over 25 years of experience in all aspects of the oil and gas industry in the Appalachian Basin. Prior to joining the company she was employed by the Bank of Oklahoma as an Energy Analyst during 2011. From 1993 to 2008 she was Vice President of Century Well Services, Inc., a drilling, service and production company. Broad Street Energy purchased the assets of Century Well Services and Ms. Gearhart was Operations Manager of the acquired entity from 2008-2011. Ms. Gearhart holds a Bachelor of Science Degree in Petroleum Engineering from Marietta College in Marietta, Ohio.