Howard Cooper has over 25 years of oil and gas experience with financing, exploration, business development and production in North America, the Mediterranean, the Caspian Region, and Russia.
In 2014 Mr. Cooper completed a $25 million capital raise for an independent oil and gas company, which was used to purchase key Coal Bed Methane, Niobrara, and Frontier acreage in the Powder River Basin in the Campbell and Converse Counties of Wyoming. Mr. Cooper led a $200 million capital raise to drill two offshore wells in 2011 and 2012.
Mr. Cooper founded the Teton Energy Corporation (f.k.a. Teton Petroleum Company) in 1995. The company, originally private, was founded to develop Russian oil assets on the Eguryak License, located north of the super-giant Samotlor Field in Western Siberia. Teton was eventually taken public and listed on the American Stock Exchange. Production was over 7,200 barrels of oil per day with peak production estimated at 15,000 barrels of oil per day by 2006. Reserves were over 107 million barrels of oil on the Eguryak license when it was sold to Teton's Russian partner in mid 2004, and the capital from the sale was reinvested in the Rocky Mountains. Teton purchased a large gas asset in Colorado's Piceance basin with 600 drilling locations and an average reserve base of two billion cubic feet of gas per location. Additionally, Teton purchased nearly 200,000 acres in the DJ Basin in Eastern Colorado and Nebraska. Mr. Cooper resigned from the company in 2006 to pursue private drilling opportunities in the US and abroad.
From 1992-94, Mr. Cooper was a principal with Central Asian Petroleum (CAP), a Houston based oil and gas company with its primary operations in Kazakhstan. CAP successfully developed the Karakudak oil field with Chaparral Resources, a Denver based oil and gas company. CAP eventually sold the project to LukOil.
From 1981-1991, Mr. Cooper worked in the Rocky Mountain region leasing minerals, packaging the sale of oil and gas leases, and formulating strategic drilling deals. Mr. Cooper has a bachelor's degree from University of Colorado in business and a master's degree from Columbia University, NYC in international affairs.
Three Crown Petroleum's (TCP) current focus is the Niobrara oil and gas play in Northwest Colorado and the Sussex, Shannon, Niobrara, Frontier and Mowry oil and gas plays in the Powder River Basin in Wyoming. Between 2006 and 2009 TCP leased acreage in the Williston, Piceance, Heath, and D-J Basins and has since sold the various acreage positions to Brigham Oil and Gas (merged with Statoil), Samson Resources, SingleTree Resources, Inc., Renegade Petroleum, Ltd., Woodstone Resources, ATX Energy Partners, Whiting Petroleum Corporation, Titan Oil & Gas, K2T2 Resources, Flatiron Resource, LLC, and Lymac Exploration and Production, retaining royalty positions in Colorado, Montana, and North Dakota.