Duma Hydrocarb Adds Third Independent Board Member
January 23 2014 - 8:48AM
Business Wire
New Board Member Fulfills Exchange Listing Requirements
Duma Hydrocarb Energy Corporation (OTCQB:DUMA) has announced the
appointment of G. M. Byrd Larberg as an independent director to the
Board of Directors. He will serve as the Chairman of the
Compensation Committee, bringing the total number of independent
directors to three on the 5-person board which fulfills for an up
listing to an exchange.
Mr. Larberg is a geologist and oil company executive with over
30 years of experience in domestic and international oil and gas
exploration and development. Mr. Larberg began his career with
Shell Oil Company working the Deepwater Gulf of Mexico. In 1993 he
was named Vice President of E&P for Pecten International, later
becoming Business Development Manager for Royal Dutch Shell’s
Worldwide Deepwater effort. He joined Burlington in 1998 as
Executive VP and CEO of Burlington Resources International; was
President of Burlington subsidiaries in China, Peru, Ecuador, and
Algeria; and retired as Vice President of Geosciences from
Burlington Resources in 2006 following the company’s acquisition by
ConocoPhillips. Mr. Larberg has consulted with a number of E&P
Companies including Maersk and ONGC. He is currently under contract
to PEMEX.
Kent Watts, Duma Hydrocarb’s Chairman stated, “Mr. Larberg’s
expertise in international E&P is extensive. While at Shell he
worked development exploration opportunities along the whole of
Africa’s West Coast and took part in the early evaluation of the
Kudu Gas field in offshore Namibia. His insight will be
instrumental in maximizing value of our Namibia concession and
ongoing opportunities in the African Rift. His longstanding
industry relationships will help guide our international growth
strategy and we are honored to have Mr. Larberg accept a position
on our board of directors.”
Mr. Larberg holds a B.S. in Geology from Trinity University and
an M.S. in Geology from Texas A&M University and is a member of
AAPG.
About Duma Hydrocarb Energy
Duma Hydrocarb Energy Corporation is a publicly-traded Domestic
and International Energy Exploration and Production Company
targeting major under-explored oil and gas projects in emerging,
highly prospective regions of the world. With exploration
concessions in Africa, production in Galveston Bay, and Oil Field
Services in the United Arab Emirates, we maintain offices in
Houston, Texas, Abu Dhabi, UAE and Windhoek, Namibia.
For further information: www.duma.com and www.hydrocarb.com.
Forward-looking Statements
This release contains "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements, which contain words such as "expect,"
"believe" or "plan," by their nature address matters that are, to
different degrees, uncertain. These uncertainties may cause actual
future events to be materially different than those expressed in
our forward-looking statements. We do not undertake to update our
forward-looking statements.
Duma Hydrocarb Energy Corp.Pasquale Scaturro, CEO,
1-281-408-4880info@duma-hydrocarb.com