PLATTEVILLE, CO--(Marketwire - April 01, 2013) - Synergy Resources Corporation (NYSE MKT: SYRG), a U.S. oil and gas exploration and production company with assets in the Denver-Julesberg Basin (DJ) and Western Nebraska, has employed Ronald K. Morgenstern as Vice President of Land & Business Development.
Mr. Morgenstern has over 30 years of experience involving all phases of land and management of lease assets in various basins in the Rocky Mountains including the Williston, Powder River and DJ basins. For the past 11 years Ron has been the Senior Landman for Bill Barrett Corporation, a Denver based oil and gas company, with significant operations in the DJ Basin. Ed Holloway, President and CEO of Synergy, commented, "The hiring of Ron Morgenstern is another significant step in Synergy's growth as we continue to expand our lease position in the DJ Basin and broaden the company's overall portfolio. Ron's experience will also be very valuable to Synergy as we commence the horizontal drilling development of our assets in the Wattenberg Field later this year."
Ron Morgenstern added, "Joining a company with such rapid growth as Synergy is a perfect match with my skill set. I look forward to working with Synergy's management team and maximizing the impressive leases and assets they have assembled in Colorado and Nebraska, as well as evaluating and introducing new opportunities to the company."
About Synergy Resources Corporation
Synergy Resources Corporation is a domestic oil and natural gas exploration and production company. Synergy's core area of operations is in the Denver-Julesburg Basin, which encompasses Colorado, Wyoming, Kansas, and Nebraska. The Wattenberg field in the D-J Basin ranks as one of the most productive fields in the U.S. The company's corporate offices are located in Platteville, Colorado. More company news and information about Synergy Resources is available at www.syrginfo.com.
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