Leadership

Stephen Cunningham is an oil and gas operations leader with extensive experience overseeing development and production assets throughout the Rocky Mountain region. Since having joined the company in 2014, Stephen has established a reputation for combining strong technical expertise with practical operational leadership, successfully guiding multidisciplinary teams through asset development programs. A graduate of the University of Wyoming with a BS in Petroleum Engineering, Stephen combines technical expertise with practical operational leadership across drilling, completions, production operations, and asset management. He currently serves on the University of Wyoming Energy and Petroleum Engineering Department Advisory Board, where he helps connect academics with industry needs and supports the development of future energy professionals. Stephen holds Professional Engineering licenses in the State of California and the State of Utah. He is passionate about building strong teams, optimizing asset performance, and creating long-term value through disciplined execution and strategic leadership.

Wyatt Shipley serves as Director of Operations for Venator Resources, overseeing operations across California, Wyoming, Colorado, and New Mexico. With more than two decades of experience in the energy industry, Wyatt has held leadership roles throughout his career focused on operational excellence, safety, and asset performance. Prior to joining Venator in 2014, Wyatt served as a District Manager for Schlumberger. He has managed assets in the Permian Basin, where he gained extensive experience in field operations, production optimization, and team leadership. Wyatt’s broad operational background and commitment to efficient, safe, and responsible resource development support Venator’s continued growth and performance across its multi-state portfolio. He holds a degree in Chemical Engineering from the University of Wisconsin and is currently working on an Executive MBA at the University of Utah.

Jarrod Morrison serves as Controller for Venator Resources and has more than 25 years of accounting and financial leadership experience in the oil and gas industry. Throughout his career, he has led financial operations for upstream and midstream companies, overseeing financial reporting, budgeting, audits, internal controls, and strategic planning. His extensive experience managing complex, multi-entity organizations and implementing efficient financial systems supports Venator Resources' commitment to operational excellence and sustainable growth.

Shane Nelson oversees crude oil and gas marketing for Venator-managed assets across Utah, Wyoming, Colorado, New Mexico, and California. He also assists independent producers with specialized marketing solutions through VNRG Marketing LLC. With over 25 years of diverse industry experience, Shane brings a comprehensive perspective having worked across the upstream, midstream, and downstream sectors. Shane holds degrees in Accounting and Social Studies from Utah State University.

Ivan Toledo brings 18 years of experience in the oil and gas industry, with a broad background in land management, acquisitions and divestitures, and development activities across major U.S. basins. His experience spans both subsurface and surface disciplines, including leasing, title and ownership analysis, mineral and royalty transactions, surface and infrastructure agreements, due diligence, and regulatory coordination. Throughout his career, Ivan has worked closely with multidisciplinary teams including engineering, geology, legal, regulatory, and operations to support asset development and execute complex land projects. His experience includes working with private and public operators as well as federal and state agencies across multiple producing regions. Ivan is a U.S. Marine Corps veteran, holds a Bachelor of Business Administration in Finance from Texas Wesleyan University, and is a member of the American Association of Professional Landmen (AAPL).

Kate Percival is the Regulatory Manager for Venator Resources with a focus on environmental. She specializes in air quality, environmental rulemaking and program development, and the integration of modern technology into regulatory practice. With 12 years of experience in the oil and gas industry, Kate is committed to environmental stewardship and making science and risk information understandable and accessible to diverse audiences. Kate graduated from the Colorado School of Mines with an Honors degree in Environmental Engineering.