Copyright 2018 Colt Energy, Inc. | All Rights Reserved.
Management Team
Nick Powell - Chairman
Mr. Powell is the majority shareholder and Chairman of Colt Energy, Inc. Prior to forming Colt,
Mr. Powell was involved in the management of Overland Energy, Inc. This company was a
wholly owned subsidiary of YRC Corporation (formerly Yellow Freight System, Inc.) and
engaged in investment in oil and gas exploration and production. In 1980 Mr. Powell founded
Prairie Energy, Inc. (which was later merged with another company and became Prairie
Resources, Inc.) until that company merged with Colt Energy, Inc. in 1990. Mr. Powell is a past
president of the Eastern Kansas Oil and Gas Association (EKOGA) and currently serves on its
board of directors and he is a past chairman and current board member of the Kansas
Independent Oil and Gas Association (KIOGA). He is a founding member and past president of
the Missouri Independent Oil and Gas Association (MIOGA) and a member of the executive
board of the National Stripper Well Association (NSWA). Additionally, Mr. Powell sits on the
Advisory Board of the Tertiary Oil Recovery Project (TORP) sponsored by the University of
Kansas and is a former chairman of the Petroleum Technology Transfer Council North
Mid-Continent section. Mr. Powell also serves on the boards of Country Club Bank and the Linda
Hall Library in Kansas City, Missouri and the board of Powell Gardens, a public botanical garden
30 miles east of Kansas City. Mr. Powell received his B.A. in Economics from Tulane University
in New Orleans in 1975. He currently resides in and is a native of Kansas City.