Andrew M. (Toby) Schultz, vice president of Teton Energy Corp., Denver, (Amex: TEC) passed away after a brief illness. He was 54.

Teton president and chief executive Karl Arleth says, “Toby played a critical role in helping Teton develop its existing properties and in identifying new ones. His enthusiasm and passion for our company were a critical component of the progress we have made the past two years. He was a true friend and partner. He will be missed by all who knew him.”