NEW ORLEANS, May 12, 2014 /PRNewswire/ -- Treaty Energy
Corporation (OTCQB: TECO) (http://www.treatyenergy.com), a
growth-oriented international energy company, today announced
Andrew L. Kramer of New Orleans has been appointed Vice President,
General Counsel, and Corporate Secretary, with the initial task of
heading a search committee to recruit six new members for the Board
of Directors that will report to Chris D.
Tesarski, Executive Chairman.
Chris D. Tesarski, Executive
Chairman of Treaty Energy, is pleased to announce the addition of
attorney Andrew L. Kramer, Esq. as
General Counsel of Treaty Energy. A New Orleans commercial
litigator, Mr. Kramer has extensive experience in both legal and
business matters.
On the appointment, Mr. Tesarski stated, "The first order of
business for Treaty Energy's new General Counsel will be to head up
a search committee to identify and recruit up to six new directors
for what will be a seven member board."
Members of this board will have levels of board and business
experience as generally called out as follows:
- One proposed new director should have a minimum of 20 years of
legal experience, with 10 of those years dedicated to handling
legal matters pertaining to oil and gas contracts and
transactions.
- One proposed new director should have at least 10 years of
experience managing and dealing with SEC and other regulatory
authorities for publicly traded oil and gas companies.
- One proposed new director will ideally have 8 to 10 years of
experience in overseeing the acquisition and/or merger of oil and
gas companies and leases.
- One proposed new director should be fully conversant with
regard to environmental matters at the state and federal level that
might impact the Company's business.
- Treaty Energy will seek to recruit the final two directors from
among its current shareholders. These directors should
possess both the business acumen and desire necessary to help lead
Treaty Energy to a much stronger and robust presence in the oil and
gas industry. These final two directors ideally will have
either an engineering and/or business background in the oil and gas
industry.
Mr. Kramer will oversee and coordinate all legal matters related
to Treaty Energy. Management, while committed to a positive
new direction for Treaty Energy, also places a high priority on Mr.
Kramer, on behalf of the company's shareholders, to vigorously
defend Treaty Energy against the systematic, willful and deliberate
erosion of shareholder value by individuals and organizations whose
sole purpose has been to do so. Mr. Kramer will pursue all avenues
available to Treaty Energy to ensure that these actions will not
continue unabated.
Finally, Mr. Tesarski stated, "A new day has dawned for Treaty
Energy. I firmly believe that these changes and additions to
the board of directors will ensure that Treaty Energy has a long
and successful future. I fully intend, as Treaty Energy's
Executive Chairman, to make sure that the company fulfills its
current and expanding plans, and that I, with the support of a
strong board and leadership team, can deliver a company that
current and future shareholders will be proud of."
Bio of Andrew Kramer:
Andrew Kramer was born in
Washington, D.C. in 1969 and moved
to New Orleans in 1986. Mr.
Kramer, whose practice focuses on civil and commercial litigation,
received his B.A. from Tulane
University in 1991 and his J.D. from Tulane University School of Law in 1994.
While in law school, Mr. Kramer participated in the Civil
Litigation Clinical Program and Inn of Court and was a Fellowship
Recipient of the Public Interest Law Foundation in 1992. Mr.
Kramer is licensed in both Louisiana and New
York, as well as in multiple federal district and appellate
courts.
During the first 15 years of his career, Mr. Kramer gained
significant litigation experience while working for three small but
prominent New Orleans law firms.
In 2009, Mr. Kramer opened his own practice that handles a
wide range of civil matters. Mr. Kramer litigates matters in
both federal and state courts in Louisiana and across the nation and has
participated in numerous mediations and arbitrations during his
career. Mr. Kramer has significant experience in handling
commercial disputes and complex litigation matters involving a
variety of issues such as property rights, contract disputes,
property damage, condominium developers and associations,
environmental contamination, wrongful death, succession disputes,
insurance claims, expropriation/eminent domain, and securities law,
among others. Mr. Kramer's practice involves both plaintiff
and defense work. Mr. Kramer is a frequent lecturer for the
National Business Institute, speaking on the subjects of Internet
and technology strategies for legal professionals, post-trial
issues, Louisiana civil procedure,
effective case presentation, and Internet legal research.
Contact
Treaty Energy Corporation
Investor Relations
investors@treatyenergy.com
Tel: 504-301-4475
Fax: 504-324-0844
Company Links
Website:
http://www.treatyenergy.com
Facebook: https://www.facebook.com/TreatyEnergyCorp
Twitter: https://twitter.com/TreatyEnergyCo
About Treaty Energy Corporation
Treaty, an international energy company, is engaged in the
acquisition, development and production of oil and natural
gas. Treaty acquires and develops oil and gas leases which
have "proven but undeveloped reserves" at the time of
acquisition. These properties are not strategic to large
exploration-oriented oil and gas companies. This strategy
allows Treaty to develop and produce oil and natural gas with
tremendously decreased risk, cost and time involved in traditional
exploration.
Treaty Energy Corporation (TECO) trades on the OTC.
Investors can find Real-Time quotes and market information for
Treaty Energy at http://www.otcmarkets.com/stock/TECO/quote
Forward-Looking Statements
Statements herein express management's beliefs and expectations
regarding future performance and are forward-looking and involve
risks and uncertainties, including, but not limited to, raising
working capital and securing other financing; responding to
competition and rapidly changing technology; and other risks.
These risks are detailed in the Company's filings with the
Securities and Exchange Commission, including Forms 10-KSB, 10-QSB
and 8-K. Actual results may differ materially from such
forward-looking statements.
Logo -
http://photos.prnewswire.com/prnh/20130716/MM48083LOGO
SOURCE Treaty Energy Corporation