Northern Oil and Gas announced the appointment of two new executive officers and the promotion of Ryan R. Gilbertson to President. Mr. Gilbertson co-founded Northern Oil with Chief Executive Officer Michael L. Reger in 2006 and has served as a director and Chief Financial Officer since Northern Oil's inception. Chad D. Winter has been promoted to succeed Mr. Gilbertson as Northern Oil's Chief Financial Officer. Mr. Winter previously served as Vice President of Operations and joined Northern Oil in 2007. James R. Sankovitz has been appointed to the position of Chief Operating Officer, General Counsel and Secretary. Mr. Sankovitz joined Northern Oil as General Counsel in 2008.
These appointments are intended to more closely align each officer's position with his day to day responsibilities. Michael Reger will remain Chief Executive Officer and Chairman with no change in his role in Northern Oil's operations.
Northern Oil's Chief Executive Officer, Michael L. Reger, commented, "We believe these officer appointments and promotions position us to better scale and execute our growth strategy, while aligning titles and day to day responsibilities most accurately. We are happy to have the executive team of Northern Oil together and focused on creating further long-term value for our shareholders."
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