Dan Denton is a recognized leader in a wide range of business pursuits –oil and gas,
finance, direct consumer marketing, and business consulting. Although successful in a number of fields, his long-time primary
interest has been the oil and gas industry. Described below are some of his significant activities in that business arena.
Petrosearch Energy Corporation
In mid-2003, Mr. Denton undertook a major consulting project with Petrosearch Corporation
(now Petrosearch Energy Corporation), which became a publicly traded oil and gas exploration company and is based in Houston,
Texas. Mr. Denton brought Petrosearch from essentially an idea stage to a fully operational company successfully developing
oil and gas prospects. The company now has active operations in 5 states and has recently announced total proved reserves
of $46 million.
As an initial co-founder, he served as Executive Vice President, Chief Operating Officer,
and President of Petrosearch Operating Company. Initially he managed the refinement
of an innovative business plan focused on working with independent oil and gas professionals who had identified overlooked
oil and gas exploration prospects in the Lower 48 states. He put in place the operational and administrative structure to
begin developing these prospects, including outsourcing and coordination of technical (geologic and engineering), field services,
legal and professional services, and the administrative functions needed to support the exploration and development projects.
To facilitate capital formation, he brought Petrosearch public through a merger with an
existing publicly traded company that had no operations. The merger created a substantial market capitalization for the enterprise
and expanded the company’s options for financing its projects, allowing access to additional equity investments on the
part of both individual investors and institutions.
Petrosearch now has established production in North Dakota, Oklahoma and in Texas, and
has major projects underway in Texas, Mississippi and Louisiana. The company’s Web site is www.petrosearch.com and its stock symbol is PTSG. As of mid-2005, Mr. Denton completed
this assignment and undertook new consulting projects.
Sunbelt Exploration
In
the period 1989 to 1991, Mr. Denton acquired control of Sunbelt Exploration, Inc., a publicly traded that was operating in
Chapter 11 bankruptcy, successfully liquidated the assets of that company and subsequently merged it with an operating business,
Iexalt Inc.
Normandy Oil & Gas/Phoenix Capital
In 1987, Mr. Denton joined Normandy Oil and Gas as Vice President, Finance and over the
next several years built this penny stock company ($.15 per share) to NASDAQ listing status with a stock selling for $5 per
share .During this period, he coordinated numerous acquisitions and mergers to enhance the company’s value.
While at Normandy, in 1988, Mr. Denton became President of Phoenix Capital, an affiliate
of Normandy, and performed various venture capital transactions resulting in the company merging with a private company as
a means of becoming publicly traded.
Shanley Oil & Gas
In 1983, Mr. Denton joined as Senior Vice President, Finance for Shanley Oil & Gas,
an oil and gas exploration company with a major subsidiary in the convenience store and gasoline marketing business. The Company
grew from start-up stage to $50 million in sales, during Mr. Denton's tenure, and was ranked as the 11th fastest growing public
company by the national publication of INC Magazine. The Company also, during this period, conducted a successful public offering
and consummated numerous mergers and acquisitions.
JM Petroleum Corporation
In 1980, Mr. Denton transitioned from his early career in public accounting to become Vice
President, Finance of a client in the start-up phase, JM Petroleum Corporation. Over the next three years this crude oil transportation
and marketing company grew from about $100,000 per year in sales to annual sales of $500 million. As one aspect of his achievements
for JM, Mr. Denton negotiated $32 million in bank borrowing, which was later increased to $50 million.
Consumer Direct Marketing
and Consulting
In addition to his activities in the oil and gas industry, Mr. Denton has developed a nationally
recognized expertise and track record in direct-to-consumer marketing.
SlimUp1, Inc.
In early 2000, Mr. Denton co-founded and became the CEO of SlimUp1, Inc., a nationwide
marketer of weight loss and sports nutritional supplements through a proprietary radio and TV advertising and retail kiosk
program. He expanded the SlimUp1 concept into 5 markets with retail stores located in Tyler, Longview and Sherman, Texas,
Baton Rouge, Louisiana and Little Rock, Arkansas. In 2001, Mr. Denton created
a marketing affiliate, www.halloffamenutrition.com, a fully e-commerce enabled internet store to assist in promoting
SlimUp1 on a national basis. Through this combined marketing program, the organization marketed many top name brand products
in the sports nutrition and dietary supplement industry, such as EAS, Labrada, Jenny Craig, Worldwide Nutrition, Atkins, Power
Bar, Optimum and Twin Labs. He divested his interest in SlimUp1 to undertake
the establishment of Petrosearch Corporation, which represented a major financial opportunity for himself and others.
2Xtreme Performance International, Inc.
Previously, in 1997, he joined 2Xtreme Performance International, Inc., a combined seminar
and network marketing company. He was associated with this firm both as a corporate
consultant and as an active distributor, in which latter capacity he quickly became the number one money earner in the company,
building a sales organization of over 20,000 distributors in just over one-year. Having established a powerful formula for
building within 2Xtreme as a consultant and as a distributor, he exited the company to form his own marketing company (Slimup1,
Inc.)
Quorum International
Prior to working with 2Xtreme, in 1991 he joined Quorum International, a consumer electronics
marketing company based in Phoenix, Arizona, and built an organization of approximately 100,000 distributors over a 6-year
period. Mr. Denton's group achieved sales volume of as much as $24,000,000 per
year. His organization extended throughout the United States, Mexico, Canada, Europe and Hong Kong.
Fund America/Main Street Alliance/Uniquest
In 1990, while working as a venture capitalist and management consultant in the oil and
gas business, he began to develop his skills in marketing products through network marketing.
He initially joined a company called Fund America, which was succeeded by Main Street Alliance, for which he built
a sales organization of 5,000 distributors in 6 months. Subsequently, he joined a company called Uniquest, and built a sales
organization of 17,000 distributors in 8 months.
Early Career and Education
Mr. Denton, a CPA, age 51, is a native of Shreveport, Louisiana. He attended Northeast
Louisiana University (now University of North Louisiana), graduating Magna cum Laude in 1975 with a major in accounting. Mr.
Denton practiced as a certified public accountant with Peat Marwick & Main from 1975 to1980 in their Shreveport, Houston
and Dallas offices. His industry expertise included oil and gas exploration and production, pipeline transmission and refining,
commercial and mortgage banking, telephone, pipeline and electric utilities, real estate development and manufacturing. He
dealt primarily with public companies and their equity offerings and underwritings.
His knowledge and talents were sought out to represent this Big Six consulting and accounting firm as one of its Computer
Audit Specialists as well as to become a member of its first national and innovative Energy Regulatory Consulting Group.
Mr. Denton resides in Dallas, TX with his two sons, Eric and Neal. His favorite hobbies are fishing and weekend boating.
