Callan JMB names Michael Reger president of Callan Power unit

Spring Branch, Texas - Callan JMB Inc. has appointed Michael Reger as president of Callan Power LLC, the company's wholly owned subsidiary specializing in oil and gas development and the manufacturing of transformers and electrical equipment, according to a press release. The appointment is set to take effect upon the completion of Callan JMB's acquisition of assets from Reger Oil, Inc. Reger, who founded Northern Oil and Gas, Inc. in 2006 and served as its chairman until 2019, is known for his significant contributions to the company's growth and success.

Under his leadership, Northern Oil and Gas completed a $650 million recapitalization and made approximately $850 million in acquisitions, resulting in a substantial increase in production capacity. Currently, Northern Oil and Gas has a market capitalization of about $2.9 billion, as of August 21, 2026. In his new role, Reger will focus on Callan Power's business strategy, including the development of Alabama manufacturing operations, commercial relationships, and oversight of oil and gas asset development.

He will not receive a cash salary but will be compensated through equity. Callan Power plans to establish its corporate headquarters at the Atlas Complex in Marion, Alabama, with additional manufacturing facilities planned for an Alabama State University-owned property in Brewton. The subsidiary aims to produce a range of electrical infrastructure products, including transformers, battery energy-storage systems, and advanced power cables, utilizing advanced automation and a vertically integrated production approach.