"Our management team has the expertise and vision to successfully implement our merger strategies and continue our success in exploration and production onshore and offshore in core areas around the world," said Hager. "Our combined workforce capitalizes on the strengths of employees from both companies. I am confident that our team of extremely talented employees will optimize the opportunities created by the merger and help us enhance the value of our combined assets."
The merger with Westport increased Kerr-McGee's proved reserves by approximately 30%, with a majority of the new assets located in the Rocky Mountain, Mid-Continent and Gulf Coast areas of the United States. The company's North American onshore assets, which account for approximately 47% of proved reserves, include high-margin production and low-risk exploitation opportunities. Kerr-McGee has divided the U.S. onshore activities into two divisions: Rocky Mountain and Southern, which includes the Mid-Continent and Gulf Coast areas. Under Hollek's leadership, the regions are headed by Jim Kleckner, vice president of the Rocky Mountain division, and Grant Henderson, vice president of the Southern division.
The oil and gas management team places priority on operating safely, with care for the environment at all of its operations worldwide. Susan Burke, vice president of environmental, health and safety, and supply-chain initiatives, leads these efforts for the company's oil and gas division.
Also serving on the management team is Joe Flake, vice president of business services, who is responsible for strategic planning, marketing and reserve management.
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