Attached files
| file | filename |
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| EX-99.1 - SurgePays, Inc. | v205678_ex99-1.htm |
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of
Report (Date of Earliest Event Reported) – December 15, 2010 (December 15,
2010)
NORTH AMERICAN ENERGY
RESOURCES, INC.
(Exact
name of registrant as specified in its charter)
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Nevada
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0-52522
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98-0550352
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(State
or other jurisdiction
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(Commission
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(IRS
Employer
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of
incorporation)
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file
number)
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Identification
No.)
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6914 So Yorktown Ave, Suite
130, Tulsa, OK 74136
(Address
of principal executive offices) (Zip Code)
(918)
712-7774
Registrant’s
telephone number
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
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¨
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
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¨
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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¨
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
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¨
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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SECTION
5 - CORPORATE GOVERNANCE AND MANAGEMENT
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ITEM 5.02:
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DEPARTURE
OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF
CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN
OFFICERS
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On
December 15, 2010, the Company introduced a new management
team. Clinton W. Coldren will be the new Chairman and Chief Executive
Officer and Alan G. Massara will be Director, President and Chief Financial
Officer. Mr. Pruitt will resign his officer post and remain as a
Director. Mr. Young and Dr. Silvey will resign from the Board of
Directors.
Clinton
W. Coldren - Chairman and Chief Executive Officer
Mr.
Coldren, 55, brings 33+ years of oil and gas management, financial and
operational experience to the Company. For most of these years he focused on
domestic operating basins, specifically the Louisiana and Texas Gulf coast. He
has held management positions with Gulf Oil/Chevron and CNG Producing. Mr.
Coldren has had great success as a company builder - he founded Cenergy
Corporation, an oil and gas consulting company, and was a founding member of
Energy Partners, Ltd., which became a publicly traded company focused on the
shallow-water region of the Gulf of Mexico. At Energy Partners, he held several
senior positions, including Executive Vice President and Chief Operating
Officer. Mr. Coldren then founded Coldren Oil & Gas Company LP, where he was
Director, President and CEO for this Gulf of Mexico oil and gas company. Most
recently he did a start-up, Bayou Bend Petroleum, a publicly traded exploration
company where he was Director, President and CEO. These were all successful
companies completing major acquisitions and transactions up to $500 Million in
the Gulf region. In 1977 Mr. Coldren graduated from Lehigh University with a
degree in Mechanical Engineering. He later received his MBA from the University
of Pittsburgh in 1992.
Alan G.
Massara - President and Chief Financial Officer
Mr.
Massara, 57, has over 35 years of experience primarily in energy and investment
banking. Alan has raised over $2.5 Billion in privately placed debt and equity
and he has provided M&A, lending and advisory services to over 2 dozen
companies ranging in size from $1 Million to over $1 Billion. Mr. Massara’s
energy career began as a petroleum engineer in the Gulf of Mexico with Gulf Oil
Corp. This initial exposure included reservoir engineering, drilling, workovers,
platform and equipment design and strategic planning. Moving to the corporate
headquarters of Texaco Inc. he managed many overseas exploration and production
ventures. This included negotiating one of the first concessions with the
Peoples Republic of China, and managing operations in Spain, the Netherlands,
Egypt and Indonesia. During his oversight of Texaco’s Australian subsidiary its
earnings grew from a loss to over $100 Million profit. Moving to Wall Street he
became a VP in Citicorp’s Global Mergers and Acquisitions Group providing
advisory services throughout the upstream energy and utility industries.
Subsequently as an SVP for ING Barings, he expanded the energy group from
mezzanine lending to merchant banking. Most recently he was CEO of Four Springs
Energy LLC., and President of Natural Resources Advisors, Inc. In 1975 Mr.
Massara graduated from Lehigh University with a degree in Civil Engineering. He
later received his MBA in Finance and Strategic Planning from the Wharton
Business School in 1979.
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ITEM
9.01
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FINANCIAL
STATEMENTS AND EXHIBITS
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(d) Exhibits
| Exhibit No. | Description | |
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99.1
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Press
Release dated December 15,
2010
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SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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NORTH
AMERICAN ENERGY RESOURCES, INC.
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By /s/ Clinton W.
Coldren
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Clinton
W. Coldren, Chief Executive
Officer
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Date: December
15, 2010