Jamey Seely Joins Crusoe Energy Systems as General Counsel

Technology and Energy Industry Legal Veteran Added to Digital Flare Mitigation® and Distributed Cloud Computing Leadership Team

HEALDSBURG, Calif.--(BUSINESS WIRE)--Goldman Sachs (NYSE:GS) is recognizing Chase Lochmiller, Co-Founder & CEO of Crusoe Energy, as one of the 100 Most Intriguing Entrepreneurs of 2021 at its Builders + Innovators Summit in Healdsburg, California.

HEALDSBURG, Calif.--(BUSINESS WIRE)--Goldman Sachs (NYSE:GS) is recognizing Chase Lochmiller, Co-Founder & CEO of Crusoe Energy, as one of the 100 Most Intriguing Entrepreneurs of 2021 at its Builders + Innovators Summit in Healdsburg, California.

While the final product produced by the oil and gas industry is widely known as a contributor to climate change, the emissions resulting from drilling operations required to produce fossil fuels have largely avoided public scrutiny. When crude oil is pumped from the ground, methane, which is 80 times more heat-trapping than carbon dioxide, and other noxious gases accompany it to the surface. Due to the risks these by-products pose to human health, oil and gas companies routinely attempt to burn them off through flaring. However, flaring is often plagued by inefficiencies, changing production conditions, and other factors that lead to the release of methane to the atmosphere. As a result, 275 metric tons of uncombusted CO2e greenhouse gases from oil and gas sites are emitted globally per year.

While the final product produced by the oil and gas industry is widely known as a contributor to climate change, the emissions resulting from drilling operations required to produce fossil fuels have largely avoided public scrutiny. When crude oil is pumped from the ground, methane, which is 80 times more heat-trapping than carbon dioxide, and other noxious gases accompany it to the surface. Due to the risks these by-products pose to human health, oil and gas companies routinely attempt to burn them off through flaring. However, flaring is often plagued by inefficiencies, changing production conditions, and other factors that lead to the release of methane to the atmosphere. As a result, 275 metric tons of uncombusted CO2e greenhouse gases from oil and gas sites are emitted globally per year.

Chase Lochmiller on FinTech Pulse

Cully Cavness on Digital Wildcatters

In its 35th year, EY honors unstoppable entrepreneurial creators and disrupters in Mountain Desert Region.

Ernst & Young LLP (EY US) is pleased to announce the winners of the Entrepreneur Of The Year® Mountain Desert Region Award. Entrepreneur Of The Year is one of the preeminent competitive business awards for entrepreneurs and leaders of high-growth companies. The Mountain Desert Region program celebrates entrepreneurs from Arizona and Colorado. This group of audacious entrepreneurial leaders was selected by an independent judging panel made up of previous award winners and other business leaders. The Mountain Desert Region award winners were unveiled during a special virtual celebration on July 28, 2021 to honor and celebrate these business leaders who test the limits of the possible and find ways to catapult us from now to next and beyond.

Cited by: DRW Venture Capital (investor)

DENVER  -- Crusoe Energy, the locally based energy and technology innovator founded by two Kent Denver graduates, has announced plans to grow its Denver headquarters, expanding their footprint and creating 286 new high-paying jobs in Colorado. The company, founded in 2018, currently has 58 employees, 20 of whom are in Colorado.