BNET Industries

Market Cap:$7.9M
Last Fiscal Year Sales:$1.1M
  • Public
  • US
Dow Jones Description

Daleco Resources Corporation, a Nevada corporation, with operating offices in West Chester, Pennsylvania, was re-located to Nevada in March 2002, from Delaware where it was incorporated in September 1997. The Company was originally incorporated in Toronto in June 1966 as Westland Copper Mines, Ltd., which was formed to conduct mining activities in Canada. As a result of a series of ownership changes between 1966 and 1974, the Company's name was changed to United Westland Resources Ltd., and domiciled in Vancouver, British Columbia. In September 1976, after acquiring control of some oil and gas properties in the United States, the Company was restructured with a U.S. subsidiary, Westlands Resources Corporation, to conduct oil and gas operations in the United States. The Company continued to expand its oil and gas activities by drilling wells in California, Texas, Louisiana, Ohio and West Virginia. In 1981, the Company participated in the development of the Pina Bete silver mine in the State of Nayarit, Mexico. In November 1981, the Company merged with Reef Resources Corporation, a Canadian company holding certain oil and gas properties operated by Westland Resources. United Westland Resources, Ltd remained the surviving entity and continued to expand oil and gas exploration and development in the United States. In May 1986, United Westlands Resources, Ltd., changed its name to Daleco Resources Corporation. ...

President, Cfo, Coo, Acting Chief Executive Officer
Gary Novinskie
Contact Information

17 Wilmont Mews, 5th Floor

West Chester, Pennsylvania 19382

dalecoresources...

6104290181

NAICS Code Crude Petroleum and Natural Gas Extraction: 211111

News & Analysis

daleco resources corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
Gary Novinskie President, Cfo, Coo, Acting Chief Executive Officer
David Matz Vice President, Oil and Gas
Richard A Thibault Daleco's Vice President
Richard Blackstone Controller and Secretary

Board of Directors

Name (plus bio) Position
Stephan V Benediktson Chairman of the Board of Directors and Chief Executive Officer
Charles T Maxwell Chairperson
William Pipkin Chairperson
Carl A Haessler Board of Directors
David Grady Board of Directors
Dov Amir Board of Directors
Nathan K Trynin Vice Chairman of the Board of Directors and Executive Vice President
Robert E Martin Board of Directors

Organization Position Status
Daleco Resources Corp President, Cfo, Coo, Acting Chief Executive Officer Current
Daleco Resources Corp President and Cfo Former
Daleco Resources Corp Officer Former
Amoco Corporation Former
Case Western Reserve University M.B.A Degree In Banking and Finance Former
The Pennsylvania State University B.S. Former

Organization Position Status
Daleco Resources Corp Chairman of the Board of Directors and Chief Executive Officer Current

Organization Position Status
Daleco Resources Corp Vice President, Oil and Gas Current
Penn State Degree In Petroleum and Natural Gas Engineering Former

Organization Position Status
Daleco Resources Corp Daleco's Vice President Current

During his 28-year career, Mr. Blackstone has been involved in all financial reporting and cash management aspects of businesses. Prior to joining Daleco in October 2006, Mr. Blackstone served as Vice President and Chifef Financial Officer of Broad Street Financial Company and Broad Street Energy company where he was dirctly inivolved in all investment and operational decisions. From 1986 to 1991, he held various positions with Omni Exploration, Inc., and publicly traded Oil & Gas Concern, concluding his revise with that company holding the position of Vice President, Chief Financial Officer and Director. Mr. Blackstone's board background includes accounting position with companies involved in the insurance, franchise food and coal extraction industries. During Mr. Blackstone's four-year public accounting career he held various positions including that of Senior Accountant with Deloitte & Touche LLP. Mr. Blackstone holds a BBA degree in accounting from Ohio University where he graduated Summa Cum Laude. He is a Certified Public Accountant, licensed in the State of Ohio.

Organization Position Status
Daleco Resources Corp Controller and Secretary Current
Ohio University Bba Degree In Accounting Former

Organization Position Status
American DG Energy Inc. Senior Energy Analyst, Weeden & Co. Current
Wexford Capital LLC Current
Daleco Resources Corp Chairperson Current
Chesapeake Energy Corporation Director Current
Catrix Board of Directors Current
Tipperary Corporation Board of Directors Current
Opec Corp. Board of Directors Current
American DG Energy Inc. Board of Directors Current
Daleco Resources Corp Board of Directors Current
Opec Corp. Active Member Current
Weeden & Co. LP Senior Energy Analyst Former
Mobil Oil Corporation Former
University of Oxford Ba Former
Princeton University Former

Organization Position Status
Daleco Resources Corp Chairperson Current
Daleco Resources Corp Board of Directors Current
Wharton Graduate School of the University of Pennsylvania Former

Organization Position Status
Daleco Resources Corp Board of Directors Current

Organization Position Status
Daleco Resources Corp Board of Directors Current
The University of New Mexico J.D. Former
Yale University B.A. Former

Organization Position Status
Daleco Resources Corp Board of Directors Current

Organization Position Status
Daleco Resources Corp Vice Chairman of the Board of Directors and Executive Vice President Current

Organization Position Status
Daleco Resources Corp Board of Directors Current
Park University Former
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     DLOV $0.18 0.00 (0.00% )
Average Volume 15,395
Shares Outstanding 44.08M
Market Cap 7.9M
Year High 0.35
Year Low 0.05
Earnings Per Share -0.02
P/E Ratio -9.00
Dividend N/A
Yield N/A
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