Benjamin Johnson

Benjamin Johnson General Information

Biography

Mr. J. Benjamin Johnson serves as Chief Executive Officer, President & Board Member at BlueCrest Energy. He is a petroleum engineer and business executive with over 35 years of experience in profitable development and responsible leadership of large U.S. petroleum assets. He grew up in Kenai, Alaska and worked his way through college in various jobs on Cook Inlet offshore oil platforms and on the North Slope. Mr. Johnson held various senior-level management positions for Atlantic Richfield Company (ARCO) including West Coast manager of reservoir engineering where he initiated the innovative Long Beach Unit re-development, adding an incremental 150 million barrels of reserves. He also managed ARCO's major West Coast acquisition projects and reserve reporting. As ARCO's Eastern U.S. Crude Oil Marketing Manager, he was assigned $600 million signature authority and co-managed the largest crude oil selling organization in the United States. As ARCO's Area Engineer for the Gulf of Mexico, he managed the largest offshore enhanced oil recovery project in the world at that time. He was an engineer for ARCO Alaska where he created the first Kuparuk full-field development computer simulation and coordinated the first waterflood surveillance plans for Prudhoe Bay. Following his ARCO career, he co-founded Summit Resource Management, a consulting firm providing business/technical management for independent producers, led nationwide crude oil pricing reforms, and testified twice to the U.S. Congress on oil pricing issues. His firm also assisted the State of Alaska Department of Revenue in the management of its crude oil royalty valuations. Mr. Johnson holds a BS in Petroleum Engineering from the University of Kansas and an MS in Engineering Management from the University of Alaska, Anchorage. He is a Registered Professional Engineer.