Natural Resources >> CEO Interviews >> July 11, 2011
Michael D. Herman became Enservco Corporation's Chairman and Chief Executive Officer on July 27, 2010, following a merger with Aspen Exploration Corporation. Mr. Herman was Chairman of Enservco's predecessor, Dillco Fluid Service, Inc., since December 2007 and of its Heat Waves Hot Oil Service subsidiary from March 2006. Since 2005, he has served as the Chairman of Pyramid Oil Company, a California corporation involved in acquiring and developing oil and natural gas wells. Mr. Herman was the Chairman and Owner of Key Food Ingredients Ltd. from January 2005 until October 2007. Key Food supplies dehydrated vegetables from its factory in Qingdao, China, to customers worldwide. Mr. Herman was Chairman and Owner of TeleMatrix, Inc., from October 1992 until December 1998, when that company was sold to a major hospitality company, and he repurchased a majority ownership interest in December 2004 and held that majority ownership interest until April 2006. TeleMatrix, Inc., designs and distributes communications products and telephones to hospitality and business customers globally. From November 2003 until February 2005, Mr. Herman was Chairman and majority stockholder of Fort Lauderdale-based Sunair Electronics but chose not to stand for re-election as a Director in February 2006. Sunair Electronics is engaged in the design, manufacture and sale of high-frequency communications equipment for long-range voice and data applications. Profile
TWST: Please give us a brief history of Enservco.
Mr. Herman: We launched the company in 2006 with the idea that investing in energy, specifically oil and gas energy services, made long-term sense. I