Bill Richardson elected to Miller board

Miller Energy Resources Inc. has added Bill Richardson, former New Mexico governor and U.S. energy secretary under President Clinton, to its board of directors.

Richardson was among eight directors elected to one-year terms at Miller’s April 16 annual shareholders meeting.

Miller, based in Knoxville, Tenn., operates oil and gas properties in Alaska through its subsidiary, Cook Inlet Energy LLC.

Miller shares are listed on the New York Stock Exchange.

“We are a stronger company than we have ever been and we expect fiscal 2015 will see continued value creation,” said Scott M. Boruff, Miller chief executive and himself a board member. “We believe all the necessary pieces are in place: access to favorable financing, promising drilling targets, greater wellbore diversification, and a favorable Alaskan tax environment.”

—Wesley Loy