Arete Industries, Inc.'s Board of Directors approved the appointment of Randall K. Arnold as a Director effective June 26, 2015. Mr. Arnold brings over 38 years of experience drilling, completing and producing oil and natural gas wells throughout the major basins in the United States. In 2002 Mr. Arnold accepted a position with Delta Petroleum as Operations Manager and was eventually promoted to Senior Vice President of Operations.

In 2006 after leaving Delta, he again ran Buffalo Operating Corporation and in 2008 became a member of North Plains Energy and in 2012 was retained by NPE as a consultant until NPE was sold to Kodiak Oil and Gas in 2012.