Fred L. Croci
DIRECTOR, CHIEF EXECUTIVE OFFICER (CEO)
Mr. Croci’s 53-year business career has spanned many facets of the real estate and oil and gas industries. Mr. Croci received his first real estate license in 1970 in the State of Iowa. Since he’s held brokerage licenses in Iowa, Illinois, Wyoming and Colorado where he’s been an active broker and developer. During his tenure in real estate, he was also an officer and director of Alpha Energy, Inc. from September 2013 to December 2017 (resigned December 2017). A graduate of Iowa State University, he has been actively involved in the brokerage, sales, leasing, development, and construction activities of, or provided consulting services on hundreds of millions of dollars’ worth of development properties, most recently in Northern Colorado, including a wide variety of project types.
He also has extensive experience with oil and gas marketing and oil operating companies. During his days with Arrowstone Petroleum he was actively involved with marketing of southern Illinois water flooding oil projects. Arrowstone’s sister company, Petren Resources was actively involved with deep drilling projects in the Texas and Oklahoma panhandle areas. These activities included participation in gas and oil drilling programs that involved multiple deep drilling rigs capable of drilling 18,000 feet. His focus was on marketing renovated, reworked and improved old producing Marathon fields. This focus included a major emphasis on waterflood projects where old producing oil fields were reworked to improve production via waterflooding the permeable sandstone formations.
As president of his own professional management firm, Wolverine Management Group, Inc., Mr. Croci oversaw as many as twenty other entities including corporations, limited liability companies and limited liability limited partnerships, with many still active.
Mr. Croci grew up in Iowa, having been born in Des Moines, Iowa where his childhood was spent in a small town just west of Des Moines on the family farm where he learned good family values and a strong work ethic. Both reasons are why his companies have always out performed other small offices working in the same fields. Getting the job done is not a new or strange concept to Mr. Croci.