New York, N.Y., USA - December 8, 2014, New York, N.Y., USA - Warren Resources, Inc., an energy company, appointed its board member, Lance Peterson, as interim CEO and elected its board member, Dominick D'Alleva, as interim chairman of the board.
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They will succeed Philip A. Epstein, who notified the Board of his decision to resign from his positions as Chairman and Chief Executive Officer in order to pursue other opportunities.
Mr. Peterson co-founded Citrus Energy Corporation in 1989 and has served as CEO and President since its formation. Prior to co-founding Citrus Energy Corporation, Mr. Peterson worked in Denver, Colorado as a Reservoir Engineer at Hamilton Brothers Oil Company. He has overseen the activity and resulting growth of Citrus Energy through asset development in the geographic areas of Mid-Continent, South Texas, Barnett Shale and Marcellus Shale.
Mr. Peterson has more than 31 years in the oil and gas industry. He has a B.S. in Geological Engineering from the University of North Dakota (1982).
Mr. D'Alleva has been a director since June 1992 and serves as Lead Director and Chair of the Corporate Governance Committee. He was Warren's Secretary until 2002 and became an independent director thereafter. He serves on the Compensation, Audit and Corporate Governance Committees of the Board.
Additionally, from 1995 to the present, he has been a principal with D and D Realty Company, LLC, a privately owned New York limited liability company involved in the acquisition and financing of real estate. From 1986 to 1995, he was engaged in residential New York City real estate for his own account and as general counsel to various real estate acquisition firms, where he negotiated contracts for the acquisition and financing of commercial real estate.
From 1983 to 1985, he served as Executive Vice President, Director and General Counsel of Swanton Corporation, which engaged in energy, retail and financial services businesses. From 1980 to 1983 he was Associate Counsel of Damson Oil Corporation. From 1977 to 1980 he was an associate with Simpson, Thatcher & Bartlett specializing in securities and corporate law. ■