Management
Team

Leonard C. Tallerine, Jr. - President and CEO

Leonard Tallerine is a graduate of Rice University’s Economics/Advanced Management Institute and completed University of Texas at Austin Continuing Studies Program on Reservoir Engineering. He holds degrees in accounting and business administration from The University of Houston. Mr. Tallerine began his career as a CPA in the Houston, New York and Washington, D.C. offices of Price Waterhouse and KPMG from 1972 through 1980.

Beginning in January 1981, Mr. Tallerine served as co-managing general partner of PGI, Ltd. (the Michael E. DeBakey family oil and gas and real estate investment vehicle) until 1986. From 1986 to 1991, Mr. Tallerine was an independent oil and gas producer.

Mr. Tallerine acquired Goldking in late 1991, then reorganized and expanded the company’s asset base. After selling the company to Panaco in July 1997, Mr. Tallerine began rebuilding an oil and gas asset base which he later sold to GulfWest Energy (now Crimson Exploration) and White Oak Energy in a series of transactions between 2001 and 2003.

Beginning in 2004, Mr. Tallerine once again grew Goldking through a balanced program of oil and gas property acquisitions along the U.S. Gulf Coast, followed by the subsequent development, production enhancement and exploration of those properties. In May 2007, Goldking was sold to Dune Energy for $328.5 million, consisting of $310.5 million in cash and $18.0 million in Dune common stock.

In the Dune transaction, Mr. Tallerine retained the Goldking name, and subsequent to the sale, reestablished Goldking to continue pursuing opportunities in the oil and gas industry. As the sole shareholder and CEO, Mr. Tallerine currently is directing Goldking’s overall business development plan, which includes assembling a portfolio of oil and gas properties and mineral interests.

 
 

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