About Us

Labrador Energy is a Denver-based U.S. Oil & Natural Gas Exploration and Development company that uses proprietary data, combined with modern completion technologies and processes to dramatically increase hydrocarbon production from proven, behind pipe reserves located in legacy fields within the Continental United States.
Leadership
Experienced, proven, and successful executive team
Labrador Energy has an extraordinary management team with a proven track record of success and a dedication to stewardship. With 190 years of cumulative experience in the industry, there is not much that a member of our team has not seen or done before. This level of experience creates agility in development that supports our commitment to reducing the cost of drilling, reducing the time of drilling, and mitigating geological risk and setting the stage to potentially fast track returns, with less impact to the environment.

Mr. Kenworthy has over 20 years of oil and gas experience investing in, drilling, and operating 1,100 oil and gas wells in North Dakota, Montana, Utah, Kansas, Nebraska, Texas, and Oklahoma. Over the past 20 years the oil and gas companies Mr. Kenworthy founded have raised and deployed over $300 million of debt and equity capital. As an early entrant into the Bakken Shale in 2006/07, Mr. Kenworthy with his partners assembled 66,000 net mineral acres and drilled 115 Bakken and Three Forks wells investing $115 million. Within 18 months, solely from organic drilling, the asset was producing 800 BOPD net. The asset was sold to a Fortune 100 company in 2011 returning 2X ROI net of fees. After exiting the initial Bakken position Mr. Kenworthy raised an additional $200 million of equity from 2012 – 2015. $116 million through Registered Broker Dealers and $84 million of capital came from one of the world’s top 5 largest banks. Throughout Mr. Kenworthy’s career he has been involved in 34 transactions or companies in High Tech, Training and Development, and Oil and Gas. 28 of the 34 transactions were successful returning an average of 1.7X invested capital. Mr. Kenworthy has been involved in an estimated $3 billion of transactions, including investments, mergers, and acquisitions. Mr. Kenworthy is a recognized expert on the topics of leadership, sales, marketing, finance and raising capital, and is a sought-after speaker on these topics.

Clay most recently served as Sr. Manager Business Development for Halliburton Energy Services’ business unit for oil & gas investment by the name of Integrated Asset Management. Clay served in this and previous roles for Halliburton’s US Northern Region headquartered in Denver, Colorado, over the course of his 20+ year work history with Halliburton.

Prior to his career with Halliburton, Terry served as Technical Sales Manager, and in other technical support roles, for The Western Company of North America in the Rockies and S. Texas regions. In 1995 he joined Halliburton and has served in several roles including Business Development Manager for Integrated Solutions, Strategic Business Manager for Halliburton’s Water Solutions product service line, and Technology Marketing Manager. A 1975 graduate of Hardin-Simmons University with a Bachelor of Arts degree focusing on Religious Studies, and Education. Terry’s post-graduate education includes focuses on Chemistry, Mathematics and Energy Economic Decision-making in natural resource development.

Terry was instrumental in Halliburton’s participation in the joint development of oil & gas assets (including Elm Coulee Field in the Williston Basin) with strategic customers in the US and Canada through its alternative business arrangements (e.g., Integrated Solutions: 1995-2005, Red Technology Alliance: 2005, Integrated Asset Management: 2012-2019). In addition, Clay led Halliburton Water Solutions’ produced water reuse program from 2009-2012, helping Halliburton lead the oil & gas industry in becoming greater stewards of finite natural resources through water conservation and reuse efforts.

Mr. Bruner is a 3rd generation oil and gas professional and brings over 25 years of industry experience, including project management, investor relations, corporate communications, finance, business development and he has served as a direct link between Operations and Accounting/Finance. Mr. Bruner has worked directly under multiple CEO’s to execute company strategy in the development of oil and gas assets. Prior to joining the company, Deane was Chief Operating Officer for API Resources in Dallas, TX. He was responsible for all operational functions of the company. He has managed multiple Private Placements and has worked on projects in Europe, South Africa, Australia, and multiple US basins. He has also worked for Florida Energy, Falcon Oil and Gas, Petrohunter Energy, Geosands Energy Advisors and Faro Oil and Gas. Mr. Bruner has a Bachelor of Science in Finance from Florida Atlantic University and a Master of Science in Global Energy Management from the University of Colorado.

Bill serves as an independent geologist to the Company. Bill has 48 years of experience in the oil and gas industry, and has worked in Land (leasing), well completion design, and drilling engineering above 6,000’. Bill has worked in multiple basins in North American and offshore in the Gulf Coast. Basins of emphasis include the Williston, Permian, and Denver Julesburg. In the Williston Basin Bill has worked with the Madison intervals in addition to the Bakken and Three Forks. Bill has worked as an independent geologist generating and evaluating prospects since 1978, but in the past, he worked for Rawhide Inc. (drilling company) and Gulf States Energy Corporation. Mr. Whaling’s past projects include the Stratigraphy of the Bakken petroleum system, Williston Basin, Stratigraphic study of the Mission Canyon carbonate in the Smith Embayment (Williston Basin), based on structural movement caused by salt dissolution in the Prairie Salt. 2003 – ongoing, and Stratigraphy of the Middle Bakken/Three Forks (Devonian) in the Williston Basin (North Dakota), source rock and reservoir rock. Bill has been instrumental in numerous discoveries in Oklahoma and Texas including, the Evan Jennings Field., Hemphill Gardner Field, Wilson Field, Wolf Stratton Field., Smith Palo Pinto Field, Winters Palo Field and the Smith Field Bluell discovery in North Dakota. Additionally, Bill assembled 27,000 Net Mineral Acres in North Dakota in what ultimately became the sweet spot of the Bakken play. Bill has a B.S in Geology from Lamar University and is a member of the Texas Board of Professional Geoscientists, and American Association of Petroleum Geologists.
Mike serves as an independent geologist to the Company. Mike has over 40 years of experience in the oil and gas industry. In 1981, Mike began serving as Vice President and Secretary of West Point Exploration where he was responsible for corporate participation in petroleum plays in the Rocky Mountain region with emphasis on the Williston Basin carbonate plays. In 1983, Mike was appointed President and Treasurer of West Point Exploration and managed all facets of exploration and production. Since 1985, Mike has served as President at Hendricks and Associates with responsibilities including: providing broad-based consulting services to the petroleum industry; offering seminars and courses for industry participants in core analysis, petrography, and reservoir characterization; serving as an expert witness for oil and gas companies before the Wyoming Oil and Gas Conservation Committee; prospecting in the Rocky Mountain region. Mr. Hendricks has invested over 20 years of his career in the Williston Basin analyzing and working the Basin’s unconventional formations. Mr. Hendricks has performed work for Exxon, Texaco, Conoco Phillips, ARCO, Devon, Bill Barrett Corp, EOG, Whiting, Continental and Brigham among others. Mr. Hendricks is credited with finding the Cow Creek Field, Flaxton Field, Baden Field, and Ft. Berthold Reservation, all in North Dakota. Mr. Hendricks is a member of the American Association of Petroleum Geologists (AAPG), the Rocky Mountain Association of Geologists (RMAG), the Society of Economic Paleontologists and Mineralogists (SEPM), and the Wyoming Geological Association (WGA). Mr. Hendricks holds a BA in English Literature from the University of Colorado, a MS in Geology from the Colorado School of Mines, and a PhD in Geology from the Colorado School of Mines.
Realize the Benefits of
U.S. Oil & Natural Gas Investment
  • Reduce your tax liability
  • Invest in a hard asset, not an equity
  • Hedge against the falling dollar
  • Diversify your portfolio
  • Create an opportunity to generate long-term residual income
  • Support environmentally responsible oil & natural gas production
  • Reduce U.S. dependency on foreign oil
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