Russell P. Bucher

* * * * * p p l e s p r i n g s D r i v e – K e l l e r, T e x as

Mobile: 817-***-**** Emergency: 817-***-**** r adegla@r.postjobfree.com ENGINEERING MANAGER/PRODUCTION ENGINEER

Technical & Operational Problem Solving – Completion & Production Design & Optimization Training and Development – Logistics Field Operations – Proficient Communicator Finance & Budgeting – Strategic Planning – Capital Efficient Engineering Manager and Completion/Production Engineer with 25+ years’ experience leading operational and technical teams including in-field frac supervision with successful outcomes. Creates improvements in productivity, efficiency, & costs for Completion and Production phases. Strong general, operational, and P&L management.

Leadership – Grew a small Frac, Cement, & Coiled Tubing service district into second largest in U.S. with a 4-fold increase in revenue, $25,800,000 to $102,000,000 from 2003 to 2005, while improving both net profit & return on capital +140% from 11% to 26.5% through improved client relations & contracts.

• Policy Development – Implemented new Company HSE policies & training programs including improved Contractor Management & Incident Reporting program. Supported company-wide compliance with new air regulations, reporting, and audits (ex. CO Rule 7).

• Cost Reduction – Reduced Completion costs by 21% per well, $2,870,000 from

$3,660,000, in an unconventional horizontal Eagleford Shale program from 2017 to 2018, while improving reserves by 10% per 1,000 foot (EUR/1000ft). In a 15-rig East Texas HPHT Deep Bossier sand program, reduced completion costs by 68% from 2006 to 2008 while improving reserves per well by greater than 50%. Savings built through optimizing stimulation design & execution, efficient completion practices, in-field design optimization

& supervision, evolving flow-back process, and managing service contracts.

• Completion Optimization – Improved execution and cost reduction as on-site completion supervisor optimizing frac designs real-time on location. Frac savings of over $2,500,000 or $190,000/well from 2015-2018 in Eagleford Shale & Woodbine sand wells.

• Field Operations Management – Managed 3 direct and 25 indirect Field Production Foreman & Lease Operators including providing technical & financial advice, mentoring, and training to support over 1,000 operated wells. Improved operating expenses (OPEX) by over 32% or -$3,100,000 from 2014 to 2016 while also reducing lifting cost 33% or

$0.68/mcfe from $1.02/mcfe to operate profitable in low commodity price environment.

• Technology Implementation – Systematic approach implementing a Design of Experiment (DOE) methodology to optimize completion parameters and established a cluster-based optimization with key drivers such as pounds of proppant & fluid per cluster, cluster spacing, and rate per cluster. Improved EUR/1000ft by 47% while reducing cost by 68% in cost per pound of proppant from 2009 to 2012. PLAYS OPERATED

Eagleford Shale (STX & ETX), Woodbine Sands (ETX), Eaglebine (ETX) Haynesville & Mid-Bossier Shale (NLA & ETX), Barnett Shale (NTX), Marcellus Shale (PA) Deep Bossier Sands & Shale (ETX), Vicksburg, Frio, & Wilcox Sands (STX) Tuscaloosa Marine Shale (LA), Cotton Valley Lime/Sands (ETX), Mississippian Lime (OK & KS) Niobrara, Green River, Wasatch, & Uinta (Rockies), Devonian Shale & Coal-bed Methane (KY, VA, WV) Russell P. Bucher P a g e 2 of 3

PROFESSIONAL EXPERIENCE

WELLSITE COMPLETIONS SUPERVISOR, TX, LA, PA 2019 - Current Supervised completions operations on wellsite for EXCO Resources - hydraulic fracturing, plug & perforation, and Coil Tubing drill-outs in Haynesville, Eagleford & Marcellus unconventional plays. ROSEWOOD RESOURCES, Inc., subsidiary of The Rosewood Corporation, Dallas, TX, 2013-2019 Private company offering oil and gas exploration and production services. It owns and operates over 1,000 wells in Colorado, Kansas, Utah, & Texas and has non-operated interests in North Dakota and Oklahoma. SENIOR OPERATIONS MANAGER & ENGINEER, Dallas, Texas 2013 - 2019 Managed Production, Completions, and Workover operations including non-operated properties & provided Engineer support in tight conventional and unconventional plays in Eagleford Shale, Austin Chalk, & Woodbine (STX & ETX), Niobrara, Green River, Wasatch, and Uinta formations (Rockies). Also, successfully managed all aspects of completions operations including hydraulic fracturing, workover, & artificial lift designs maximizing production and significantly reducing costs in Eagleford Shale & Woodbine wells, resulting in reserves equal to or greater than top tier offset operators in area.

Responsible for personnel, production, profitability, and yearly capital and operational expense

(OPEX) budgets for all operated and non-operated (Non-Op) areas/wells.

Additionally, responsible for environmental and safety performance, regulatory compliance, engineering support for field operation teams including facility designs, managing working interest partners, and selecting, negotiating, & managing contractors.

Implemented new Company HSE policies & training programs including improved Contractor Management & Incident Reporting program. Supported company-wide compliance with new air regulations, reporting, and audits (ex. CO Rule 7).

Managed 3 direct & 25 indirect Field Production personnel including providing technical & financial advice, mentoring, and training to support over 1,000 operated wells.

Improved operating expenses (OPEX) by over 32% or -$3.11MM from 2014 to 2016 while also reducing lifting cost 33% to operate profitable in low commodity price environment.

Enhanced asset value via troubleshooting & optimizing well performance (workover, chemical & lift optimization, SWD, compression, recompletions)

On location during all completions to supervise & optimize frac operations real-time including quality assurance/control & service quality. Realtime frac savings of over $2,500,000 or

$190,000/well from 2015-2018 in Eagleford Shale & Woodbine sand wells.

Reduced Completion costs by 21% or -$790,000 per well for 2018 Eagleford Shale program versus 2017, while improving reserves by 10% per 1,000 foot (EUR/1000ft) and despite 350 ft

(+7%) more completed lateral pumping same design.

ENCANA OIL & GAS (USA) INC., subsidiary of Encana Corporation, Dallas, TX, 2006-2013 Encana is a leading North American energy producer that is focused on growing its strong portfolio of diverse resource plays producing natural gas, oil and natural gas liquids. The company operated in five key plays: Jonah & Piceance (Rockies), Barnett Shale, Haynesville Shale, and East Texas basin (TX & LA). COMPLETIONS GROUP LEAD, Dallas, TX, 2010-2013

Successfully managed technical team that was accountable for Completions and hydraulic fracturing design and optimization in horizontal unconventional Haynesville, Mid-Bossier, Eaglebine, and Tuscaloosa Marine Shales. Optimized completion designs using systematic DOE methodology resulting in improved reserves of 47% EUR/1000ft and increased pounds of proppant (sand) from 2.7 to 14 million pounds while reducing cost by 68% in cost per pound of proppant from 2009 to 2012.

Managed 12 Completion Engineers providing technical advice, mentoring, and training.

Managed frac operations, well-site environmental & safety performance, completion & fracture designs and optimization, service vendor contracts & performance, standard operating procedures (SOP) development, and new technology implementation.

Responsible for capital budgets ranging from $500 million to greater than $1 billion.

Implemented sliding sleeve technology for over $7 million savings in 2011-2012. Russell P. Bucher P a g e 3 of 3

ENCANA OIL & GAS, continued

COMPLETIONS LEAD ENGINEER, Dallas, Texas 2006-2010 Key contributor and Completion technical leader for the horizontal unconventional Haynesville Shale and HPHT Deep-Bossier programs accountable for completion designs, execution, and optimization.

• Responsible for on-site frac operations & QA/QC, completion and fracture designs, completions optimization & well performance analysis, all service contracts & performance, completions yearly capital budget, cost reduction initiatives, and implementing new technology.

• Lead multidisciplinary teams and provide technical advice & mentoring to engineers.

• Cost reduction while maintaining EUR/1000ft in high service cost environment (120% price increase): 58% reduction in cost per pound of proppant ($0.68/lb vs. $1.60/lb) with 13% improvement in EUR/1000ft from 2009 to 2010 in Hayneville Shale.

• LEAN (six sigma) flow back process improvement for savings over $8MM/yr in 2010-2011.

• Reduced costs greater than 50% & 35% in 2007 & 2008 respectively while improving EUR by

>50% through optimizing stimulation designs & execution, flow-back process, eliminating trouble wells, and managing service contracts in Deep-Bossier.

• Created and implemented real-time design optimization process using DFIT & measurement while perforating (MWP) techniques.

SCHLUMBERGER LIMITED, Multinational locations, 1993 -2006 Schlumberger is the world’s largest oilfield services company. The $60 billion market capital company employs over 100,000 people in 85 countries. They supply services such as seismic, formation evaluation, well testing, directional drilling, well cementing & stimulation, artificial lift, and well completions. OPERATIONS MANAGER, Graham, TX, 2003-2005

Grew a small Stimulation (Frac), Cement, and Coiled Tubing service district in the north Texas Barnett Shale play into the second largest in U.S. with a 4-fold increase in revenue, $25,800,000 to

$102,000,000 from 2003 to 2005, while improving both net profit & return on capital +140% from 11% to 26.5% through improved client relations & contracts.

Responsible for service quality, strict safety & environmental standards, financials ($34 million revenue in 2004), client relationships and contracts, and budget and capital plans, and implementing new technology.

Accountable for personnel recruiting and developing, which included over 120 engineers, supervisors, operators, mechanics, electricians, managers, and administrative personnel.

2004 highlights – Improvements of 31% revenue, 58% net profit, 39% field margin, 29% price, 52% return on capital (26.7% vs. 17.5%), and 24% asset turns (1.45 vs. 1.17).

2003 highlights – Improvements of 4% revenue, 52% net profit, 25% field margin, and 52% return on capital (17.5% vs. 11.0%).

Other Schlumberger positions held:

• Senior Sales Engineer 2005-2006

• Field Service Manager 2002-2003

• Sales/DESC Engineer 1998-2002

• Stimulation Cell Leader 1998

• DESC Engineer 1995-1997

• Field Engineer 1993-1995

Additional experience available upon request.

EDUCATION AND CERTIFICATIONS

MBA, Texas A & M University-Corpus Christi, 2001

B.S. in Petroleum Engineering, University of Missouri-Rolla, 1993 IADC Well Sharp Well Control School Expiration: Nov 30, 2020

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