Board of Directors

Keith Fite CEO

Keith Fite has over 30 years’ experience in the oil and gas industry, and is the former Executive Vice President and Co-Founder of Future Petroleum.  Over the ten years he was at Future Petroleum, Keith was responsible for acquiring all of the Company’s acreage.  He was also responsible for all business development across active plays in Kansas, the Texas Panhandle and the Gulf Coast.  Through this role, Keith built long-standing relationships with active operators and industry investors in all of Taos Resources’ geographic focus areas.



Frank Yates Director of the Board

Frank Yates has been in the oil and gas business for 28 years and has served the family companies, Yates Petroleum Corporation (YPC) and MYCO Industries Inc. (MYCO) in various capacities ranging from Engineer to President.  He currently serves on the Board of Directors for YPC and MYCO.  YPC was formed over 75 years ago and today remains a family owned company with over 425 employees in 3 states producing 55,000 Boepd to rank as the 10th largest oil producer and 8th largest natural gas producer in New Mexico.  

Frank earned a Bachelor of Science degree in Mechanical Engineering from New Mexico State University and a Masters in Business Administration from Southern Methodist University.  He maintains a Professional Engineer’s registration in the states of New Mexico and Arizona.  Frank is a past President of the Independent Petroleum Association of New Mexico and has served on several other boards and committees, including the New Mexico Oil and Gas Association, First American Bank of Artesia, Community National Bank of Midland and the Mountain States Legal Foundation.