Management team

Randy Jackson

Randy Jackson, born and raised in Carmi, Illinois, started working for Abshire Oil Company in 1979 where he held a variety of positions over the next 15 years.  In that time, he gained valuable experience as rig operator, equipment operator, roustabout and pumper. After a year of truck driving for O’Daniel Trucking, Randy realized his passion was definitely in the oilfield, and in 1995 returned to the industry full time as a pumper & roustabout for Equinox Oil (later becoming Noble Energy).  In 2004, Randy transferred to the electrical department for Noble Energy while he attended Frontier Community College where he completed courses in electrical and electro mechanics.

In 2010, Citation Oil and Gas purchased Noble Energy.  Randy was promoted to Crossville, Illinois area foreman for Citation where he was responsible for daily production, overseeing slick water fracs, and all well completions / recompletions.  Randy was also responsible for tank battery designs, secondary recovery projects, and setting up and calculating cost for maintenance and upgrades on projects.

In 2012, Randy joined Herman L. Loeb LLC as an Area Production Supervisor for the IL Basin covering Illinois, Indiana, and Kentucky.  Randy was responsible for daily production, overseeing well completions, company rig operations, and roustabout teams. Randy worked with the staff to upgrade surface facilities across all field locations, secondary recovery units, and set up and calculated cost for maintenance and upgrades on projects.  Randy worked with chemical representatives to control pulling and chemical cost.

In 2015, Randy accepted a job with CountryMark Energy as a Field Operation Manager. While employed with Countrymark, Randy participated in management and supervisory training courses provided through Countrymark.  In 2019, Randy was promoted to a Production Superintendent, over Illinois, Indiana and Kentucky. Randy worked with supervisors and Foremen on daily production and field operations.  Randy also worked on budgeting for each area; calculating the costs on maintenance upgrades of each project.

In 2020, Randy rejoined Herman L. Loeb LLC as Illinois Basin Area Supervisor of Production & Field Operations.  Randy oversees all production, roustabouts, technicians, and rig operations for the area.

In his personal time, Randy enjoys spending time with his wife of 41 years, 3 kids and 7 grandchildren.  Randy also enjoys playing guitar with family and friends.

Matthew G. Davis

Matt was raised in rural Richland County, Illinois.  Following high school, he attended Southern Illinois University in Carbondale, where he completed degrees focused in Biological Science and Chemistry.  In January of 2013, he moved back to Olney, IL and began working for Franklin Well Services, an independent oil and gas service company.  Within a few months, he obtained his commercial driver’s license and began operating various frac, acid, and cement pumping equipment.  After one year in the field, Matt was presented an opportunity to showcase the analytical and molecular science skills he had learned at the university via an accelerated technical proficiency program and was eventually promoted to the position of Technical Sales Engineer.  Matt continued in this position for 5 years, during which time he helped several Illinois Basin producers plan a large number of new well completions, organized wellsite operations and logistics, as well as managed a fully functional cement, acid, and frac fluids laboratory.  In this role, he was responsible for identifying, qualifying, and implementing new products for the various service disciplines.  Due to these additional responsibilities and his growing understanding of new technologies, Matt successfully designed many cementing and stimulation treatments for Oil and Gas production companies in Illinois, Indiana, and Western Kentucky.  During his tenure, Matt managed over 50 service accounts totaling more than $75 MM in net sales.

In March of 2019, Matt made the transition from the service discipline to oil and gas production, joining the team at Herman L. Loeb LLC as the Engineering and Technical Specialist.  In this role, he oversaw general regulatory compliance for field operations, provided support for various permitting requirements, and conducted incident reviews and job safety analyses.   He provided support to the engineering, geology, production and management staff on well maintenance records and well bore diagrams, asset acquisition and divestment studies, enhance recovery projects, implementation of production operational standards, and data acquisition.  He also served as the subject matter expert for well stimulations, completions, reservoir management, compliance & risk management.  In early 2024 Matt further expanded his responsibilities for the company when he was promoted to the position of Engineering & Compliance Manager.  In this newly developed role, he will lead well completion and stimulation designs, drive environmental and regulatory compliance activities, as well as engage in industry influence and educational outreach.

In his personal time, Matt enjoys spending time with his wife and 4 children, coaching his two son’s wrestling team, and participating in weekly pool leagues and local tournaments.

Shane Pelton

After high school Shane went right into the work force driving semi-trucks for a local farmer. Shortly thereafter he started his own trucking and custom harvesting business. Shane got his start in the oilfield patch as a contract pumper in 1986, while continuing the operations of his trucking business. He ran the Hot Oil Service Company of his father’s for about a year, before turning it over to his older brother. Eventually Shane sold the trucking company and went full-time in the oil field as a contract pumper under his own pumping services business. He worked for several companies including: Anchor Bay, Anschutz Corporation, Dunne Equites, Herman L. Loeb LLC and Red Oak Energy, among others. Through the years he has learned a lot about down hole and above ground operations of all his leases, including the operations of multiple enhanced and secondary recovery projects.

Based out of the Great Bend, KS field office, Shane has been Loeb’s Area Production Supervisor for Mid-Continent operations since July 2011, while also managing a team of company pumpers, contract pumpers and company oil field service personnel / roustabouts, located throughout Kansas and Colorado.

In his personal time he enjoys spending time with his wife, 3 children & 11 grandchildren. Shane also enjoys taking cross country motorcycle trips and car collecting/restoration projects. From 2000-2008 he served on the Cheyenne County School Board the last 4 years as the President.

Ian J. Webster

After leaving high-school, Ian began his career as a quantity surveying technician in the construction industry in Aberdeen, Scotland. After 4 years of attending day-release College, whilst working, and 3 years full-time at University, he attained his BSc in Quantity Surveying. Two years after that he was elected a Professional Associate of the RICS. He continued working as a project controls professional in the construction industry but then subsequently transitioned into working in the oil and gas industry. He has worked for numerous major oil and gas E&P companies, service companies and energy companies, in the U.K., Canada & U.S.A., including: Atlantic Power & Gas, AMEC Process & Energy, Conoco, Amoco/British Gas JV, Occidental, Shell, BP Sullom Voe Terminal, BP Chemicals (Canada), BP Pipelines & Logistics, Exelon and INEOS Bio, in the key functions of Contract Management, Claims Management, Cost Estimating, Cost Management, Planning & Scheduling, Risk Management and Auditing. Ian supplemented his industry work experience by enrolling in online landman training courses.

Ian has been the Land & Project Manager for Herman L. Loeb LLC since September 2012. He oversees the company’s GIS mapping program, land & legal records, leasing, permitting, and contracts, in addition to leading special projects.

Jeremy L. Hafele, CPA

Jeremy upon graduation from the University of Evansville accepted a position in the Public Accounting profession with Riney Hancock CPA’s. He was subjected to a wide array of specialties and industries in the governmental, non-profit, tax and audit services he performed, but eventually transitioned into the tax sector with an emphasis on Estates, Non-profits and Oil and Gas clients. It was through this relationship that he met the Loeb Family. He performed a wide variety of tax, bookkeeping, planning and management services for the family for years before accepting a full time position with Herman L Loeb LLC after 16 years in the public sector.

Jeremy has been Executive Manager and Financial Controller for Herman L Loeb LLC since May 2011. He also oversees a staff located in the main office associated with accounts payable, accounts receivable, accounting, human resources, documents & records, and investor relations.

In his personal time Jeremy enjoys spending time with his wife and family coaching his two son’s athletic teams and volunteering his services to support these organizations.

Jesse R. Middagh

After leaving his family’s farm and livestock operation in Illinois to attend college, Jesse began his professional employment as a product development engineer in the off-highway construction and agricultural equipment industry before following in the footsteps of his father and two grandfathers by moving into the oil and gas industry.  He has held a variety of positions over his 23+ year career while working for Case Corporation, Case New Holland, Marathon Oil Company, and BP America including: test & development engineer, product design engineer, facilities engineer, manufacturing & supply chain liaison, project manager, project control team leader, CAPEX manager, risk manager, business unit leadership team, and operations manager.

Jesse has been the Executive Manager of exploration and production operations for Herman L. Loeb LLC since March 2011.  He also serves on the Board of Directors for Sterling Drilling Company and Sterling Oil Field Services located in Pratt Kansas.  Jesse oversees all production and field operations, exploration activities, and drilling operations across the operated and non-operated asset base for Loeb.

In his personal time Jesse enjoys supporting and volunteering in various community endeavors including outreach/missionary programs through his church, active involvement in youth athletics & travel teams, World Vision, Young Life, and Feed My Starving Children. Jesse enjoys spending time with his wife and 3 kids as they go through life’s experiences together.