Tactical Resources Appointed P. Lourcey Sams Advisor

The energy firm added the experienced executive to advise on its Texas critical mineral projects.

Updated on Sept. 29, 2026 in People

Isometric editorial illustration of jagged rare earth mineral ore rocks arranged on a clean industrial survey slab. — Tactical Resources Corp. has appointed P. Lourcey Sams as a special advisor to guide commercialization and government relations for its Texas rare earth mineral projects. AI Illustration. Upload story photo >

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Tactical Resources Corp. has appointed P. Lourcey Sams to the role of Special Advisor effective September 23, 2026. Sams will assist the company with commercialization and government relations as it develops its rare earth projects.

Why it matters

The company aims to bolster North American critical mineral security by building a domestic rare earth supply chain. Sams role focuses on guiding market entry and expansion strategies across the Southern United States.

P. Lourcey Sams has held the position of President at Banner Energy, Inc. since 1988. His professional tenure spans five decades of experience in the energy sector.

The players

P. Lourcey Sams

He is the current U.S. Commissioner and Chairman of the Pecos River Commission and serves as the CEO of Pennant Development and Production, LLC.

Tactical Resources Corp.

This corporation is a mining firm focused on developing a domestic rare earth supply chain and critical mineral projects in North America.

The details

Sams brings extensive regional expertise to the firm while continuing his work as Chairman and CEO of Pennant Development and Production, LLC. He will support the advancement of the Peak Project located in Hudspeth County, Texas, through his new advisory capacity.

P. Lourcey Sams has served as President of Banner Energy, Inc. since 1988.
The President appointed P. Lourcey Sams as U.S. Commissioner and Chairman in April 2026.
The appointment to Tactical Resources Corp. became effective on September 23, 2026.
Tactical Resources Corp. officially announced the appointment on September 29, 2026.

Market Landscape

This move mirrors a wider industry trend where mining companies recruit seasoned energy executives to navigate the complex regulatory and commercial hurdles of the U.S. critical mineral security initiative. By leveraging local expertise, firms seek to gain a competitive advantage in the race to secure domestic supply chains.

The appointment may signal faster progress for the Peak Project in Hudspeth County, potentially influencing local land use and regional industrial development. Residents and stakeholders in Texas may see increased government and commercial activity surrounding the rare earth initiative.

The takeaway

Securing high-level advisory talent with deep regional government ties is a common strategy for firms tackling large-scale infrastructure projects. Investors and observers should monitor how such leadership additions translate into project milestones for the Texas energy sector.