A pair of East Tennessee companies were recently added to the Russell Index.
Huntsville, Tenn.-based Miller Energy Resources, an oil and natural gas exploration, production and drilling company; and Greeneville, Tenn.-based Green Bankshares Inc., parent company of GreenBank; are now on the Russell 3000 and Russell 2000.
May has been a newsy month for Miller Energy Resources. The latest bit of good news was CEO Scott Boruff being named the 2009 Tennessee Oil Man of the Year by the Tennessee Oil and Gas Association.
The award was presented last week at the association’s annual meeting in Knoxville.
“This award really should have been designated for our entire company,” Boruff said in a statement released today. “The tremendous accomplishments in 2009 at Miller Energy Resources could not have been achieved without the hard work and dedication of the team we have assembled within our organization and I want to thank them all.
May started with the Huntsville, Tenn., natural gas and oil production and exploration company going public and trading on the Nasdaq market.
Tennessee isn’t exactly overrun with oil and gas companies, but it’s still nice to have plaques for the office wall.
Read more on Miller’s IPO here.