UNITED
STATES
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 14, 2010
_____________________
PLATINUM
ENERGY RESOURCES, INC.
(Exact
name of registrant as specified in its charter)
|
Delaware
(State
or other jurisdiction
of
incorporation)
|
000-51553
(Commission
File Number)
|
14-1928384
(IRS
Employer
Identification
No.)
|
11490
Westheimer Road, Suite 1000
Houston,
Texas 77077
(Address
of principal executive offices and zip code)
Registrant’s
telephone number, including area code: (281) 649-4500
_____________________
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 (see General Instruction A.2. below):
[
] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[
] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[
] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
|
Item
8.01
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Other
Events
|
On December 14, 2010, Platinum Energy
Resources, Inc. (the “Company”) held its annual shareholders’
meeting. At the meeting, the shareholders duly elected the following
to the Board of Directors of the Company:
Mr. Marc Berzins, age 72, has been a member of our
board of directors since his appointment on June 3, 2009. Mr. Berzins
has been a lawyer in private practice in Edmonton, Alberta, Canada since
1969.
Mr. Tim Culp, age 52, has been our Chairman of the
Board since the Tandem Energy Corporation (“TEC”) acquisition in October
2007. He has been the President of Desert Productions, Inc. since
December, 2009. Mr. Culp has over twenty-five years of oil and gas
industry experience with over twenty years of experience in property
acquisitions and development.
From June
2005 through September 2009, Mr. Culp was President and Chief Executive Officer
of TEC, an oil and gas exploration and production
company.
Prior to
his involvement with TEC, Mr. Culp was a co-founder, senior officer and
principal stockholder of Shamrock Energy Corporation and its operating
affiliate, Arrowhead Operating, Inc. Additionally; Mr. Culp was a Vice President with Adobe
Resources Corporation.
During
Mr. Culp’s tenure, Adobe, TEC and Shamrock acquired over $140 million in oil and
gas properties. Prior to joining Adobe, Mr. Culp was a manager for the public
accounting firm of KPMG Peat Marwick. Mr. Culp received his Bachelor of Business
Administration degree in Accounting from Texas Tech University in
1981.
Mr. Mark Ghermezian, age 28, has served
on the Board since October 28, 2010. Mr. Ghermezian has been
the President and CEO of KD Energy, LLC, an oil and gas exploration and
production company, since November 2008, where he successfully restructured the
company, its management team, employees, moral, and outstanding
debt. Prior to his involvement with KD Energy, Mr. Ghermezian was an
EVP of Business Development for IDT Corporation, (NYSE: IDT), the Founder,
President, and CEO of XE Mobile, LLC, and the Founder, President, and CEO of
Flush Media, Inc.
Mr. William Glass, age 39, has been our
President and a member of our board of directors since inception. Mr. Glass has
worked in the energy industry and energy financial derivatives markets since
1996.
Mr. Glass
has been an independent energy trader and consultant since December 2003. From
July 2000 to December 2003, Mr. Glass was Vice president of Marubeni Energy
Incorporated’s North American Natural gas division. He was responsible for all
natural gas transactions, transportation, marketing, trading, and operations.
From February 1997 to July 2000, Mr. Glass was a senior trader at Southern
Company Energy marketing. His responsibilities included managing the financial
gas daily desk as well as trading gulf coast, northeast, and mid west financial
products. From October 1995 to February 1997, Mr. Glass worked at Enron as part
of the risk management team. Mr. Glass holds a bachelor’s in Finance and
Accounting from Texas A&M University.
Mr. Bernard Lang, age 73, has been a director of the
Company since his appointment on July 9, 2008. Mr. Lang is a Mega
Project consultant in the Oil and Gas Industry and is a graduate from
the University of Birmingham and a graduate of the
Harvard Business School's Advanced Management Program. Mr. Lang
is currently President, Bert Lang & Associates, a mega projects and energy
consulting organization. He was formally Executive Vice President
Engineering & Design of Synenco Energy Inc.
Mr. Lang
has over 40 years of industry experience including 19 years of petrochemical
experience, overseeing the engineering, procurement and construction of a $400
million gasphase propylene plant. Mr. Lang has a further 23 years of oil
sands experience, during which time he directed an award winning changeover
project of an upgrader control room from manual to computer control and a $210
million flue gas desulphurization.
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In
addition, from 1997 to 2001, Mr. Lang served as Vice-President, Millennium
Project with Suncor Energy Inc. where he was accountable for a $3.4 billion oil
sands expansion.
Mr. Lang
recently completed the academic requirements for the Directors Education Program
of the Institute of Corporate Directors, at the Rotman School of Management,
University of Toronto and University of Alberta. He has also received the
ICD.D designation from the Institute of Corporate Directors.
Mr. Al Rahmani, age 63, has been a member of
our board of directors since his appointment on February 18,
2009. The Board appointed Mr. Rahmani to Interim Chief Executive
Officer on March 2, 2009, replacing Mr. Kostiner as Chief Executive Officer, and
named him as the CEO on April 13, 2010.
Prior to
joining the Company, Mr. Rahmani held the position of Senior Vice President of
Engineering and Development for Triple Five Worldwide Organization, LLC., a
(“Triple Five”) and served as a Managing Director of AR Development Inc., a
technical engineering and financial services consulting firm between 1995 and
December 2008. In addition, Mr. Rahmani received a B.S. in civil engineering and
a M.S. in civil/environmental engineering from the University of
Massachusetts.
Dr. David Rahmanian, age 62,
has served as a director since his appointment on October 7, 2010 and as
Interim Chief Operating Officer of Platinum Energy and President and Chief
Operating Officer of Tandem Energy since October 28, 2010. He has a
B.Sc., Masters, and PhD in Geosciences from the Colorado School of Mines and
Pennsylvania State University.
Dr.
Rahmanian brings over 35 years of far-reaching and in-depth knowledge and
experience in Exploration, Development, and Production of Hydrocarbon Resources
in a global scale. In addition to experience in Coal Exploration and as an
Assistant Professor of Geology in University of Vermont, Dr. Rahmanian’s career
is distinguished by 30 years of Research, Exploration, & Production work
experience with the ExxonMobil Corporation, the world largest Oil & Gas
Company. He is richly- experienced with diverse & advance expertise in
Outcrop, well log, Core Facies Analysis, Seismic Stratigraphic Analysis,
Subsurface Reservoir Description, Characterization & Prediction, Sequence
Stratigraphic Analysis, Research & Development of Predictive Reservoir
Concepts, Stratigraphic Data Analysis Techniques & Methodologies. Dr.
Rahmanian has systematically and successfully applied this expertise to
Exploration and Production practices in major hydrocarbon Exploration and
Production rends as well as in numerous major Field Studies and Enhanced Oil
Recovery projects throughout the world. His work experience and history extends
over 25 sedimentary basins across five continents of the world, including, but
not limited to, Gulf of Mexico, Texas & Louisiana Gulf Coast Regions, North
Slope Alaska, US & Canadian Rockies, Alberta & East Coast Canada,
Trinidad, Venezuela, Columbia, North Sea, Paris Basin, NW German Basins,
Gippsland &Otway Basins Australia, Malay Basin Malaysia, Sumatra Basins
Indonesia, Egypt, and Israel. As a result, he is directly responsible for and/or
significantly contributed to discovery and production from numerous major, both
conventional and unconventional, Oil & Gas reservoirs throughout the world.
He is globally acknowledged and recognized for excellence in teaching,
lecturing, and “Significant Contribution to Geology” for being one of the
original architects of the Parasequences & Sequence Stratigraphic Concepts
and their application to Hydrocarbon Exploration & Production practices. He
is a co-author of a Best Seller book in Exploration Series of the American
Association of the Petroleum Geology. Most recently, Dr. Rahmanian is applying
his deep and wide-ranging experience to manage and direct Exploration and
Production practices of multiple Oil & Gas Fields in North America. He is
also playing a leading role in world-wide Oil & Gas field acquisition and
Exploration & Production ventures.
Mr. Martin Walrath, age 57, has served as
director since October 7, 2010. He has also been with Triple Five since 1980 and
has been primarily responsible for the financing activities and banking
relationships of the company. He has been involved in several
multi-billion dollar financings for Triple Five. Before joining Triple
Five, Mr. Walrath was Senior Vice President at Mellon Bank.
The shareholders also ratified the
appointment of GBH CPAs
P.C. as the independent auditors for the Company.
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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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PLATINUM ENERGY RESOURCES,
INC.
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Dated:
December 17, 2010
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By:
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/s/
Martin Walrath
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Martin
Walrath
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Acting
Chief Executive Officer
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