NEW YORK, April 9, 2013 /PRNewswire/ -- Lighthouse
Petroleum, Inc. (PINKSHEETS: LHPT), a growth oriented energy
company focusing on the exploration and production of oil and gas,
today announces the appointment of Gerard
Danos as its President.
Todd Violette, CEO of
Lighthouse Petroleum, stated, "I am particularly excited to have
Gerard Danos assume the
responsibilities of President of Lighthouse
Petroleum. Gerard's breadth of knowledge and management
experience, coupled with his hands-on, take-charge business
style gives me a high level of confidence that he will make an
excellent President of our company." Mr. Violette added, "The
restructuring of our management team, with the addition of
Gerard Danos, positions us to handle
the many challenges that lie ahead as we move Lighthouse forward
towards becoming a profitable oil and gas producing company in the
coming quarters."
"I am excited to assume the leadership role at Lighthouse
Petroleum," stated Mr. Danos. "I am fully committed to the
implementation and execution of Lighthouse's strategy to identify
and acquire under-valued oil and gas interests with profitable
levels of production." In order to accomplish our goal Management
plans to:
- Safely and efficiently generate commercially marketable
quantities of oil and natural gas;
- Expand the Company's oil and gas explorations throughout
Texas and Louisiana; and
- Maintain our primary business philosophy, rooted in progressive
principles of cost-efficiency and devotion to fiscal
responsibility, worker safety and sustainable petroleum
revival.
We plan on updating and revising our website and increasing our
communication with shareholders to create greater transparency of
LHPT in the marketplace and enhance company response time through
social media and other resources.
Mr. Danos also stated, "With our new leadership structure, I
believe that Lighthouse Petroleum, Inc. has the potential to
dramatically increase production and revenues quarter after quarter
throughout 2013." Mr. Danos stated further, "I feel confident that
my strong management acumen joined with a fundamental understanding
of the oil and gas sector can lead Lighthouse to a successful
future."
Gerard Danos, a private investor
and successful entrepreneur, previously held positions with Treaty
Energy Corporation, an oil and gas exploration company operating in
the United States and Central America. At Treaty Energy, Danos
served in an advisory capacity at its startup and later became its
Chief Operating Officer, Secretary, and board member. Prior to
joining Treaty Energy, he was Owner/Principal at St. Catherines
Hospice, LLC where he helped guide the company from startup to one
of the region's leading hospice providers. Mr. Danos also served as
Vice President and Director for Medico, LLC, a subsidiary of
Magnolia Management Corporation, a privately held company, that
operates more than 65 long-term care facilities throughout
Louisiana and Mississippi.
Mr. Danos received his Bachelor's Degree from Louisiana State University, Baton Rouge, LA.
Forward Looking Statement
This release contains "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E the Securities Exchange Act of 1934, as amended and
such forward-looking statements are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. "Forward-looking statements" describe future expectations,
plans, results, or strategies and are generally preceded by words
such as "may," "future," "plan" or "planned," "will" or "should,"
"expected," "anticipates," "draft," "eventually" or "projected."
You are cautioned that such statements are subject to a multitude
of risks and uncertainties that could cause future circumstances,
events, or results to differ materially from those projected in the
forward-looking statements, including the risks that actual results
may differ materially from those projected in the forward-looking
statements as a result of various factors, and other risks.
Lighthouse Petroleum, Inc. is an exploration company with limited
experience in the oil and gas industry. At the time of this release
Lighthouse Petroleum, Inc. lacks the financial capabilities to meet
its financial obligations and its management expects to dilute the
company's shares to raise the necessary operating capital. Based
upon industry standards Lighthouse would be considered highly
speculative and lacks any competitive advantage over its
competition. Additional risks you should consider are that this
list is limited and additional risk not mentioned may apply:
failure to meet Lighthouse's financial and contractual obligations,
Lighthouse's managerial errors made based upon the Company's
limited experience and knowledge of the industry, commodity risk,
acts of God and regulatory risk. You should consider these factors
in evaluating the forward-looking statements included herein, and
not place undue reliance on such statements.
Contact:
Gerard Danos, President
Lighthouse Petroleum, Inc.
gdanos@lighthouselhpt.com
1-985-237-1701
SOURCE Lighthouse Petroleum, Inc.