Black Elk Elects New Executive VP & VP of Land

Black Elk Energy announced that Terrell (Terry) Clark has joined the Company as Executive Vice President and Chief Technical Officer and Joe Matthews as Vice President of Land.

Clark received his B.S. in Mechanical Engineering from the University of Colorado and has 28 years of experience in reservoir engineering and field exploitation. Mr. Clark joins Black Elk Energy following the sale of his privately held Houston based petroleum consulting company, Atlantis E & P Services, Inc., to Hamilton Engineering in 2007. Clark gained his industry expertise through 17 years with Amoco Production Company (now BP America), followed by 4 years with Reading & Bates Development Company where he was Director of Reservoir Engineering.

"Black Elk Energy is enjoying strong growth and I welcome the opportunity to be part of their outstanding team. I also share the Company’s vision and values, which are focused on families and communities as much as on technical and operational excellence," said Clark.

Clark has extensive reservoir engineering experience in company exploration/exploitation programs with specific expertise in prospect economic evaluation, development planning, well testing, and risk weighted expected value. His international background includes offshore projects in the shelf/deepwater Gulf of Mexico, West Africa, Eastern Mediterranean, Gulf of Suez, and onshore in the U.S. Rockies/Overthrust Belt.

"We are delighted to have Terry Clark join our management team. Terry's extensive experience in deepwater and shelf economic assessments will prove vital to our ambitious, strategic offshore growth plans," said John Hoffman, President and CEO of Black Elk Energy.

As new VP of Land, Matthews will primarily focus on opportunities in the Gulf of Mexico, onshore South Louisiana. Prior to joining Black Elk Energy in June 2008, Matthews was Manager of Business Development for Callon Petroleum Operating Company in Houston, Texas, where he was responsible for identifying, evaluating, and executing joint venture and partnering opportunities.

Prior to his work with Callon Petroleum Company, Matthews was Director of Offshore Land for Vastar Resources, Inc. (ARCO Oil and Gas), where he was responsible for land duties in multiple oil and gas projects in the Gulf of Mexico and the "lower 48." He was also a key contributor to Vastar's Deepwater Impact Study Team in 1995, which helped initiate Vastar's successful deepwater exploration program. Matthews helped to draft the first Model Form Deepwater Operating Agreement as a member of the OCS sub-committee of the American Association of Professional Landmen.

"Black Elk Energy has a strong commitment to excellence to both offshore and land developments," commented Hoffman. "Joe brings considerable experience in land operations and proven tactics for new developments that support the continued strong growth of Black Elk Energy. We are proud to have Joe as a member of the management team."

Matthews received his B.B.A. degree in Petroleum Land Management from Texas Tech University in 1983. He is a Certified Professional Landman and a member of AAPL and HAPL.


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