Tulsa, Okla., USA - June 13, 2012, Tulsa, Okla., USA - Helmerich & Payne, Inc., a contract drilling company, announced that Thomas A. Petrie was appointed to the company's board of directors, effective June 6, 2012.
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Mr. Petrie co-founded BofA Merrill Lynch Petrie Divestiture Advisors (formerly known as Petrie Parkman & Co.) and served as its President since 2006 and Chief Executive Officer since 1989.
Mr. Petrie served as Managing Director and Senior Oil Analyst of First Boston Corporation.
Prior to joining First Boston in 1977 as Senior Oil Analyst in the Equity Research Department, he served as a Vice President, Senior Oil Analyst of Wainwright Securities in New York City; a Petroleum Research Analyst for Colonial Management Associates in Boston; and a Captain in the United States Army serving in Germany and Vietnam.
For eight consecutive years, he was ranked the number one oil analyst in the exploration/independent sector by Institutional Investor magazine's annual survey of money managers and oil analysts.
Mr. Petrie serves as a Vice Chairman and Member of Executive Client Coverage Group of BofA Merrill Lynch Petrie Divestiture Advisors (formerly Merrill Lynch & Co. Inc.).
He serves as a Director of Helmerich & Payne Inc. He served as a Director Wainwright Securities.
An active member of several industry Associations, Mr. Petrie served as a Director of the National Association of Petroleum Investment Analysts, having also served as President of that organization in 1988 and 1989.
Mr. Petrie has also served on the Securities and Exchange Commission Advisory Board on Oil and Gas Accounting and has delivered a number of technical papers to the Society of Petroleum Engineers on the subjects of petroleum valuation, merger and acquisition trends, and energy policy.
Mr. Petrie is also a Member of Board of Trustees of the Association of Graduates of the United States Military Academy.
He is a past Chairman and Director of the District No. 3 Business Committee of the National Association of Securities Dealers.
He has been interviewed on numerous occasions by Barron's and has also appeared on “Wall Street Week with Louis Rukeyser,“ “The McNeil Lehrer News Hour,“ CNBC and Fox News.
Mr. Petrie is also a Chartered Financial Analyst. ■