Centennial Resource Development, Inc. (NASDAQ:CDEV) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.
Centennial Resource Development, Inc. (NASDAQ:CDEV) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 24, 2017, Centennial Resource Development, Inc. (the “Company”) appointed Brent Jensen to replace Jamie Wheat as Vice President and Chief Accounting Officer of the Company. Ms. Wheat’s resignation as Vice President and Chief Accounting Officer, also effective as of March 24, 2017, was not the result of any disagreements with the Company, and Ms. Wheat will continue with the Company as its Vice President, Accounting during the transition.
Mr. Jensen, age 47, previously served as Vice President, Finance and Treasurer of Whiting Petroleum Corporation (“Whiting”) from March 2015 through March 2017. Prior to serving in that role, Mr. Jensen served as Controller and Treasurer of Whiting from January 2006 to February 2015 and as Controller of Whiting from August 2005 through December 2005. Prior to joining Whiting, Mr. Jensen was a Senior Audit Manager with PricewaterhouseCoopers LLP, where he held various positions in their oil and gas audit practice from 1994 to 2005 in their Los Angeles, California; Moscow, Russia; Milan, Italy and Houston, Texas offices. Mr. Jensen has over 23 years of oil and gas accounting experience and is a Certified Public Accountant. Mr. Jensen holds a Bachelor of Arts degree from the University of California, Los Angeles.
About Centennial Resource Development, Inc. (NASDAQ:CDEV)
Centennial Resource Development, Inc., formerly Silver Run Acquisition Corporation, is an independent oil and natural gas company. The Company is focused on the development and acquisition of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin. The Company’s assets and operations, which are held and conducted through Centennial Resource Production, LLC, are concentrated in the Delaware Basin, a sub-basin of the Permian Basin. The Company has more than 40,000 net acres in the southern Delaware Basin primarily in Reeves County in West Texas. It has developed its acreage primarily in the Wolfcamp zone, and is focused on the Avalon and Bone Spring shales. Centennial Resource Development, Inc. (NASDAQ:CDEV) Recent Trading Information
Centennial Resource Development, Inc. (NASDAQ:CDEV) closed its last trading session up +0.74 at 18.15 with 861,833 shares trading hands.
Centennial Resource Development, Inc., formerly Silver Run Acquisition Corporation, is an independent oil and natural gas company. The Company is focused on the development and acquisition of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin. The Company’s assets and operations, which are held and conducted through Centennial Resource Production, LLC, are concentrated in the Delaware Basin, a sub-basin of the Permian Basin. The Company has more than 40,000 net acres in the southern Delaware Basin primarily in Reeves County in West Texas. It has developed its acreage primarily in the Wolfcamp zone, and is focused on the Avalon and Bone Spring shales. Centennial Resource Development, Inc. (NASDAQ:CDEV) Recent Trading Information
Centennial Resource Development, Inc. (NASDAQ:CDEV) closed its last trading session up +0.74 at 18.15 with 861,833 shares trading hands.
