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News
06.07.2009
German Oil and Gas AG Welcomes Cameron S. King to its Executive Management and Board of Directors
German Oil and Gas AG Welcomes Cameron S. King to its Executive Management and Board of Directors
Brings Financial, Corporate Governance,
Operations Expertise, and Board Experience to the Company
Frankfurt, Germany, (July 06, 2009) – German Oil and Gas Ag. (“GOG” or “the Company”), an emerging oil and gas exploration and development company, is pleased to announce the appointment of Mr. Cameron S. King to the role of President and CEO the Board of Directors.
Mr. King has over 20 years of corporate finance-related business experience and has accumulated strong global experience in the petroleum and natural gas markets, best practice management, compliance, governance, and strategic planning for emerging-stage energy and resource entities.
Since 2005, Mr. King has been director and CEO of the Independence Energy Corporation, a junior oil and gas producer in Alberta, Canada. Mr. King has been deeply involved as Chief Executive Officer in the successful development and financing of major resource and infrastructure assets internationally including Holloman Energy Corporation, Quest Oil Corporation and PetroStar Oil Services Inc., a Houston based oil services company.
“I am looking forward to working with the Board and Management as we advance the growth and expansion of German Oil and Gas to add significant value to its overall business,” said Mr. King.
Mr. King obtained his MBA 1991 with Lake State University, Michigan, USA and received a Bachelor of Commerce in 1987 from McMaster University in Hamilton, Ontario.
"Cameron is very well regarded in the business community and known for his thoroughness, drive, integrity and knowledge. His involvement helps German Oil and Gas fulfill its long term goals of requirement expert and adds new strengths to GOG’s board as the Company continues to grow. We are fortunate to have gained his commitment to our success," stated GOG Director, Jason Bleuler.
The Company also announces that Mr. Frank Jacobs has resigned as Director to attend to his other numerous interests. In addition, Mr. Jason Bleuler has taken the position of VP Corporate Development focusing on expanding the company’s interest in the public and financial markets. Mr. Bleuler will remain as Director.
About German Oil and Gas AG.
German Oil and Gas is an oil and gas development company focusing on the exploration, acquisition, and development of various oil and gas concessions around the world. Corporate efforts are focused on improving shareholder value through “growth by the drill bit” production and acquisition strategies.
This news release contains certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical fact, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that German Oil and Gas AG expects to occur, are forward looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Information inferred from the interpretation of drilling results and information concerning mineral resource estimates may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a project is actually developed. Although German Oil and Gas AG believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of German Oil and Gas' management on the date the statements are made. German Oil and Gas undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change. No regulatory authority has passed upon the merits of the proposed transaction and has not approved nor disapproved the contents of this press release.
Contact:
German Oil and Gas AG
Cameron King, MBA
President and Chief Executive Officer
Website: www.germanoilandgas.de
E mail: info@germanoilandgas.com
Phone: +49 (0) 69 - 710456-508
Fax: +49 (0) 69 - 710456-450
NEWSLETTER REGISTRIERUNG:
Aktuelle Pressemeldungen dieses Unternehmens direkt in Ihr Postfach:
http://www.irw-press.com/alert_subscription.php?lang=en&isin=CH0044583075
Mitteilung übermittelt durch IRW-Press.com. Für den Inhalt ist der Aussender
verantwortlich.
Kostenloser Abdruck mit Quellenangabe erlaubt.
Brings Financial, Corporate Governance,
Operations Expertise, and Board Experience to the Company
Frankfurt, Germany, (July 06, 2009) – German Oil and Gas Ag. (“GOG” or “the Company”), an emerging oil and gas exploration and development company, is pleased to announce the appointment of Mr. Cameron S. King to the role of President and CEO the Board of Directors.
Mr. King has over 20 years of corporate finance-related business experience and has accumulated strong global experience in the petroleum and natural gas markets, best practice management, compliance, governance, and strategic planning for emerging-stage energy and resource entities.
Since 2005, Mr. King has been director and CEO of the Independence Energy Corporation, a junior oil and gas producer in Alberta, Canada. Mr. King has been deeply involved as Chief Executive Officer in the successful development and financing of major resource and infrastructure assets internationally including Holloman Energy Corporation, Quest Oil Corporation and PetroStar Oil Services Inc., a Houston based oil services company.
“I am looking forward to working with the Board and Management as we advance the growth and expansion of German Oil and Gas to add significant value to its overall business,” said Mr. King.
Mr. King obtained his MBA 1991 with Lake State University, Michigan, USA and received a Bachelor of Commerce in 1987 from McMaster University in Hamilton, Ontario.
"Cameron is very well regarded in the business community and known for his thoroughness, drive, integrity and knowledge. His involvement helps German Oil and Gas fulfill its long term goals of requirement expert and adds new strengths to GOG’s board as the Company continues to grow. We are fortunate to have gained his commitment to our success," stated GOG Director, Jason Bleuler.
The Company also announces that Mr. Frank Jacobs has resigned as Director to attend to his other numerous interests. In addition, Mr. Jason Bleuler has taken the position of VP Corporate Development focusing on expanding the company’s interest in the public and financial markets. Mr. Bleuler will remain as Director.
About German Oil and Gas AG.
German Oil and Gas is an oil and gas development company focusing on the exploration, acquisition, and development of various oil and gas concessions around the world. Corporate efforts are focused on improving shareholder value through “growth by the drill bit” production and acquisition strategies.
This news release contains certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical fact, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that German Oil and Gas AG expects to occur, are forward looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Information inferred from the interpretation of drilling results and information concerning mineral resource estimates may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a project is actually developed. Although German Oil and Gas AG believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of German Oil and Gas' management on the date the statements are made. German Oil and Gas undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change. No regulatory authority has passed upon the merits of the proposed transaction and has not approved nor disapproved the contents of this press release.
Contact:
German Oil and Gas AG
Cameron King, MBA
President and Chief Executive Officer
Website: www.germanoilandgas.de
E mail: info@germanoilandgas.com
Phone: +49 (0) 69 - 710456-508
Fax: +49 (0) 69 - 710456-450
NEWSLETTER REGISTRIERUNG:
Aktuelle Pressemeldungen dieses Unternehmens direkt in Ihr Postfach:
http://www.irw-press.com/alert_subscription.php?lang=en&isin=CH0044583075
Mitteilung übermittelt durch IRW-Press.com. Für den Inhalt ist der Aussender
verantwortlich.
Kostenloser Abdruck mit Quellenangabe erlaubt.