Management Team
C.E. Zimmerman
President
C.E. (Kip) Zimmerman formed Magna Resources in May 1995. Kip is responsible for all aspects of managing both the executive and operational arm of the company. He has twenty-seven (27) years of experience in the oil and gas industry. Prior to starting Magna, Kip was the Executive Vice President of a large independent oil and gas producer in Dallas, Texas.
Randal Rust
Executive Vice President
Randal Rust joined Magna Resources in 1997, and has over twenty (20) years of senior management experience in the oil and gas industry. Additionally, Randal has substantial experience in engineering affairs and large-scale project management through his tenure as a project engineer for the Southland Corporation. Randal received a Bachelors of Science degree in Mechanical Engineering from Texas Tech University in 1983.
Cecil R. Glass III
Senior Geologist
Cecil, a member of the American Association of Petroleum Geologists, joined Magna Resources in 2001 and has thirty-five (35) years of experience in acquisition, production and operations. He earned a M.S. in Petroleum Geology from the University of Tulsa, and a B.S. in Geology from Lamar University. He was employed by K.W.B. Oil Property Management, Inc. in Tulsa, Oklahoma as an Exploration/Development Geologist as well as with Omni Operating Company as Manager of Acquisitions and Operations. Cecil’s experience includes overseeing operations in Texas, Oklahoma, Louisiana, Kansas, Colorado, Nebraska and Wyoming.
Luann Jones
Corporate Administrator
Luann began working for Magna Resources in 1997 part time as a general office assistant but became a full time employee in 1998, expanding her duties to office manager, overseeing the accounting and financial operations of Magna Resources. Luann is responsible for all accounts payable and receivable transactions for Magna as well as payroll, insurance, preparation of yearly K-1 tax information in collaboration with an outside CPA firm, employee tax statements and human resources duties.
Donna Weisenborn
Executive Administrator
Donna came to Magna Resources in 2002 .Donna is responsible for maintaining internal office data and technology, among other things, and overseeing the distribution of all drilling, completion and workover reports. Donna also interfaces with all departments, and schedules and documents all conference calls.
Sherry Grady
Operations Accountant
Sherry joined Magna Resources in 2007, bringing 23 years of Accounting experience in the oil and gas industry. Sherry manages all accounting and financial operations of Triangle Three Resources including AFE’s, processing accounts payable invoices, accounts receivable, vendor relations, revenue distribution and JIB Settlement statements. Sherry also works closely with field engineers and pumpers, coordinating daily drilling, completion, or workover cost analysis and reports.
Kelley Crail
Operations Assistant
Kelley began working for Magna Resources in 2007. Kelley is responsible for preparing and distributing monthly financial statements. She oversees the land and legal operations, coordinating with outside agents to procure leases and organize legal documents that secure drilling rights for new wells. Kelley is also responsible for maintaining all vendor documents and insurance requirements, filing paper work with the Texas Railroad Commission, special projects and maintaining well files as well as coordinating production reports and data, validating monthly crude oil runs and gas sales volumes and filing PR reports with the Texas Railroad Commission.
Anita Doherty
Administrative Assistant
Anita joined Magna Resources in 2004. Anita is responsible for answering the phones, directing calls, maintenance of client files and data, and all accounts receivable. Anita also oversees all incoming and outgoing packages and mail, coordinates office supplies and maintenance and is responsible for intra-office communication and scheduling.
