Tengasco, an oil and natural gas exploration company, has appointed Michael Rugen as chief financial officer (CFO), replacing Mark Ruth who has resigned. Rugen is a certified public accountant (CPA – Texas), and has been involved in the financial aspects of the oil and gas business since 1982.
From 1982 through 1998, Rugen served in a variety of accounting and financial capacities at BHP Petroleum in Houston and Denver, culminating in service as finance manager of the producing asset team with responsibility for the Gulf of Mexico and Bolivian financial operations of this international company. From 1999 to 2007, he provided financial consulting services with Jefferson Wells International and UHY Advisors in Houston, and from 2007 until now he served as vice president, accounting and finance at Nighthawk Oilfield Services in Houston.
He holds a BSc in Business and Accounting from Indiana University.
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