Management / Staff

Management / Staff 2018-04-18T16:35:50+00:00


Stephen Ives – President

Mr. Ives joined Cheyenne Petroleum Company in 1981 and has served as President of Cheyenne since 1991. Prior to joining Cheyenne Mr. Ives practiced as a Certified Public Accountant for Arthur Young & Company. Mr. Ives is a graduate of the University of Oklahoma, receiving a BBA in 1973 and a Master of Accountancy in 1974 and currently serves as an Adjunct Professor in the Price School of Business.

Bill Spurgeon – VP Engineering/Business Development

Mr. Spurgeon graduated from Louisiana Tech University in 1979 with a degree in Petroleum Engineering. Experience includes engineering, business development and management positions with Kerr McGee Corp and Devon Energy before joining Cheyenne Petroleum Company in 1999. Mr. Spurgeon is currently responsible for engineering and operations functions within the company.

Danny C. Parks: Chief Financial Officer

Mr. Parks has over 15 years of oil and gas accounting and finance experience.  He currently serves as Chief Financial Officer and Vice President of Finance and has previously served as Controller and Accounting Manager for Cheyenne since joining the company in 2005.  Previously, he worked for Grant Thornton LLP holding various roles with increasing levels of responsibility, with a focus on energy clients ranging in size from small independents to Fortune 500 companies.  A Certified Public Accountant and a member of the Council of Petroleum Accountants Societies and American Institute of Certified Public Accountants, Parks earned a Bachelor of Science degree in Business Administration in 1999 from Oklahoma State University with a major in accounting.

Terry Allen – Production Operations Manager

A 1982 graduate of the University of Oklahoma with a degree in Petroleum Engineering, Mr. Allen has over 33 years of engineering and operations experience working for Chevron before managing his family oil and gas business for 17 years. Mr. Allen joined Cheyenne Petroleum Company in 2012.


Cheyenne Petroleum Company employs senior level technical staff in geology, reservoir engineering, drilling and completions and production engineering along with a full staff of accounting and administrative personnel located in Oklahoma City. We engage 3rd party experts for land and legal work and for drilling operations, who provide a deep knowledge base with hands-on experience in most of the petroleum basins in North America.

CHEYENNE ENERGY SERVICES LLC, A wholly owned subsidiary of Cheyenne Petroleum Company

Wade R. Ferguson, President – Cheyenne Energy Services LLC

Mr. Ferguson has been employed by Cheyenne Energy Services LLC since late 2007 when the Company was formed. Cheyenne Energy Services LLC is an energy trading, marketing, and midstream asset development business operated as a wholly owned subsidiary of Cheyenne Petroleum Company. Mr. Ferguson has over 25 years of energy industry experience, building and leading profitable trading and marketing businesses, commercial asset optimization, regulatory and market strategy development, asset development and risk management. He spent the majority of his career leading Duke Energy’s natural gas trading and marketing efforts in the Eastern U.S. Prior to joining Cheyenne, Mr. Ferguson led OGE Energy Corporations natural gas, power trading and marketing business units.