About LGX Energy

Operators, Not Promoters

A leadership group that has founded, financed, built, and exited natural resource companies across North America, now focused on one of America's most proven and least imaged oil regions.

The LGX Energy field team on site at the Fritz wells in southwestern Indiana
Our story

Let the Data Lead

LGX Energy Corp. was founded to bring modern exploration technology to one of America's most proven and least imaged oil regions. Working with the Adler Energy technical team, LGX has assembled a six-county seismic data position in southwestern Indiana, within the Illinois Basin. The strategy is simple to state and disciplined to execute: let the data lead, drill what the imaging confirms, and grow the position one producing well at a time.

150+years of combined experience across exploration, geophysics, drilling, land, finance, and public-company leadership
12+states and basins where this team has funded, drilled, and developed projects
6counties covered by the LGX seismic data position in southwestern Indiana
Map of the Illinois Basin spanning Illinois, Indiana, and Kentucky, bordered by Iowa, Missouri, and Tennessee

Image source: Carbon Capture, Utilization, and Storage in Illinois. Prairie Research Institute

The market

Why Oil, Why the Illinois Basin

Oil remains a cornerstone of the American economy, fueling transportation, supporting manufacturing, and providing the raw materials in thousands of everyday products, from medical supplies and fertilizers to electronics and construction materials. Domestic production strengthens energy security, supports millions of jobs, and reduces dependence on foreign sources.

The Illinois Basin, spanning portions of Illinois, Indiana, and Kentucky, has produced billions of barrels over its history, yet remains one of America's most underappreciated producing regions. Established infrastructure, favorable regulation, proven geology, and lower development costs make it an attractive home for a technology-led operator. LGX's acreage sits in the basin's Indiana portion, in southwestern Indiana.

Leadership

The Team

A leadership group with decades of hands-on experience across exploration, geophysics, drilling, land, finance, and public-company leadership.

Howard Crosby, Founder & Chief Executive Officer

More than 40 years of experience in finance, mining, and oil and gas development. As CEO of Cadence Resources, he led the company from an OTC-listed business with a market capitalization under $1 million to a producer exceeding $400 million before its 2006 acquisition. His career includes founding and executive roles at High Plains Uranium, U.S. Silver Corporation, and Blackjack Silver. Past performance of prior ventures is not indicative of LGX results.

John Ryan, Founder & Director

More than 30 years of executive leadership and board experience across publicly traded resource companies, with expertise in corporate governance, finance, and project development. B.S. in Mining Engineering, University of Idaho; J.D., Boston College Law School.

John V. Miller Jr., Executive Vice President

Active in oil and gas funding, drilling, and development since 1988 across Michigan, Oklahoma, the Williston Basin, Louisiana, Texas, Ohio, and Indiana. Helped advance Illinois Basin shale evaluation with the Gas Research Institute and co-founded Aurora Energy, Ltd.

Tom Tucker, Geoscience Team Manager

More than 40 years in exploration and development, from Niagaran Reef oil fields in Michigan with Jet Oil Corporation to Vice President of Operations at Aurora Oil & Gas. Leads LGX exploration and development efforts.

Jerry Blaxton, Senior Geophysicist

More than 40 years in seismic processing and interpretation, founder of Integrity Geophysical Services, and a recognized innovator in 3D geological modeling, fracture analysis, and seismic velocity interpretation.

Shane G. Miller, President, Adler Energy

Decades of hands-on drilling, production, land, and infrastructure experience across six states, including directing the drilling and completion of more than 100 wells and 50+ miles of pipeline in the Northwest Michigan Antrim Project.

Dale Holland, Field Supervisor

More than 47 years supervising drilling and production across the Illinois Basin, Michigan Basin, Oklahoma, the Permian, the Williston, and offshore, with deep expertise in directional drilling and complex well challenges.

Beth Swanson, Investor Relations

Leads investor relations and marketing, serving as the primary point of contact for existing and prospective investors, managing the CRM platform, and coordinating communications with the executive team.

Meet the opportunity behind the team

See How LGX Puts Data to Work