Mr. Clark has served as President and Chief Executive Officer and a Director of Forest Oil Corporation since July 2003. Mr. Clark joined Forest in September 2001 and served as President and Chief Operating Officer until July 2003. Mr. Clark was previously employed by Apache Corporation, an oil and gas exploration and production company, where he served in various management positions, including Executive Vice President-U.S. Operations and Chairman and Chief Executive Officer of ProEnergy, a gas marketing joint venture. As a young teenager, he began his career as a field employee in East Texas. Upon graduating from Texas A&M University, he first worked as a Drilling and Production Engineer.
He is a member of the Society of Petroleum Engineers, the Independent Petroleum Association of America, the Texas Independent Producers and Royalty Owners Association, the American Association of Drilling Engineers and the International Association of Drilling Contractors. He also serves as a Director of the American Exploration and Production Council (formerly Domestic Petroleum Council). He is a member of the Texas A&M 12th Man Foundation and Petroleum Engineering Advisory Board. He was the recipient of the Ernst & Young Entrepreneur of the Year Award for the Rocky Mountain Area in 2006 and was a national finalist in 2006 and 2007. He was a Regional and National Judge in 2008 for the Entrepreneur of the Year competition.
Forest Oil Corporation is a large independent oil and gas exploration and production company based in Denver, Colorado. The company was founded in 1916. The company’s market cap has risen to over $7 billion, a ten-fold increase during Mr. Clark’s term as CEO. The company’s stock performance has grown over 400% over this same period and has been one of the top performers within the industry peer group. Also during this time the company has acquired over $3 billion in acquisitions and sold over $2 billion in assets, essentially selling all of the old assets of the company. The offshore spin-off and transaction resulted in over $1 billion dividend to the shareholders and received the “Deal of the Year” award by Oil & Gas Investor magazine. Forest Oil is a two time recipient of the “Aggie 100” top company award by the Texas A&M School of Business.