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Arthur Preston Speaks at 2012 Business Forum for Young Professionals at UC


Williamsburg, Ky. – On Wednesday, April 18th, the University of the Cumberlands (UC) Hutton School of Business (HSB) hosted their 5th annual Business Forum for Young Professionals.

The business forum is designed to prepare young professionals as they enter the business workforce. Industry professionals share their professional experiences and discuss ways in which businesses can thrive, not just survive, in any financial climate. The theme for 2012 was “Opportunities for Success in the Second Decade of the 21st Century.”

One of this year’s guest speakers was Arthur “Art” Preston, President of Presco, Inc, a company which he founded with his brothers.

Mr. Preston describes his profession as that of Wildcatter! By definition, a wildcatter is one who “drills wells in the hope of finding oil in territory not known to be an oil field,” in other words, the ultimate entrepreneur. Whether in the form of oil, natural gas or geothermal product, Mr. Preston has been actively pursuing energy for over 30 years.

In addition, he has pursued business opportunities in real estate ventures, horse breeding and racing, cattle ranching, fiber optics companies, restaurants and geothermal power general companies.

Mr. Preston holds a BS degree in Geology from the University of Illinois, Urbana-Champaign and served as an officer in the US Army for two years.

The forum is the brainchild of J. Hunt Perkins, who makes the program possible. Perkins, a geologist, is president of J. Hunt Perkins and Associates, Inc.; a Lexington, KY firm established in 1983 that specializes in oil and gas exploration services, gas well drilling and field exploration services. A current member of Cumberlands Board of Trustees, his strong association with the university extends back to when his mother served more than ten years as the bursar for Cumberland College.

Located in Williamsburg, Ky., University of the Cumberlands is an institution of regional distinction, which currently offers four undergraduate degrees in more than 40 major fields of study; nine pre-professional programs; seven graduate degrees, including a doctorate and six master’s degrees; certifications in education; and online programs.