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Chroma Energy Appoints Donald R. Voelte Jr. as Its New President and CEO.


Business/Energy Editors

SUGAR LAND, Texas--(BUSINESS WIRE)--Aug. 6, 2001

Chroma Short for "chrominance." The attributes of a color, which include its hue (frequency) and saturation (amount of black). See hue and saturation.  Energy Inc., an energy exploration company specializing in proprietary pattern recognition and visualization Using the computer to convert data into picture form. The most basic visualization is that of turning transaction data and summary information into charts and graphs. Visualization is used in computer-aided design (CAD) to render screen images into 3D models that can be viewed from all  technology, announced the appointment of Donald R. Voelte Jr. as president and chief executive officer.

Voelte has stepped in to take Chroma Energy through its next phase of growth. The company recently announced the closing of its Series A funding, which raised more than $18 million. Chroma Energy plans to accelerate the conversion of its patent pending technology into exploration and drilling ventures with industry partners.

About Chroma Energy President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Donald R. Voelte Jr.

Voelte has participated the past 27 years in the energy industry. From 1997 until BP's acquisition of Atlantic Richfield (ARCO ar·co  
adv. & adj. Music
With a bow. Used chiefly as a direction to indicate the resumption of bowing after a pizzicato passage.

Adj. 1.
) last year, Don served as executive vice president of ARCO with responsibility for all operations and new ventures in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. , Europe, Russia, Central Asia, Africa and the Middle East. He also provided corporate oversight
For Oversight in Wikipedia, see Wikipedia:Oversight.


Oversight may refer to:
  • Government regulation — The role of an official authority in regulating a separate authority.
 of ARCO Pipeline Company and their Crude Oil Marketing business.

Before ARCO, Don served 23 years with Mobil Corporation, where his last position was president of New Exploration and Producing Ventures. In this role, he was responsible for implementing Mobil's global growth strategy and during a three-year period his organization added six billion barrels of resources in 17 countries to their portfolio. His earlier positions included various senior planning, engineering, operations and marketing assignments throughout the company.

Don graduated from the University of Nebraska. He is a director of the Middle East Center of RAND and Third Wave Ventures Ltd. Previously, Don served as a director of Vastar Resources Inc., and Atlantic Richfield Chemical Company. He is a member of the Society of Petroleum Engineers and an associate of the American Society of Civil Engineers “ASCE” redirects here. For the Nigerian stock exchange, see Abuja Securities and Commodities Exchange.
The American Society of Civil Engineers (ASCE) is a professional body founded in 1852 to represent members of the civil engineering profession worldwide.
. Don is married and has one son.

About Chroma Energy Inc.

Chroma Energy consistently develops high quality prospects by combining the oil and gas finding expertise of its staff with sophisticated, proprietary pattern recognition and visualization tools. Chroma's technology substantially reduces the cycle time of prospect generation. Chroma Energy exploits its drillable prospects through exploration and marketing relationships with leading exploration and production companies. In its first 10 months of operations, Chroma Energy has provided services and participated in more than two-dozen projects with various domestic and international exploration and production firms.

Chroma Energy is headquartered in Houston and its research and development facility is located in Boulder Boulder, city, United States
Boulder, city (1990 pop. 83,312), seat of Boulder co., N central Colo.; inc. 1871. A Rocky Mountain resort and a suburb of Denver, it is the seat of the Univ. of Colorado (1876).
, Colo.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Comment:Chroma Energy Appoints Donald R. Voelte Jr. as Its New President and CEO.
Publication:Business Wire
Geographic Code:1USA
Date:Aug 6, 2001
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