American Community Development, Inc. Retains Prominent Domestic and International Geophysicist to Design and Implement Seismic P
June 23 2011 - 9:00AM
Marketwired
American Community Development, Inc. (PINK SHEETS: ACDP) retains
prominent domestic and international geophysicist to design and
implement a seismic program, for ACDP's Sofia Oil & Gas
Exploration Project in New Mexico.
Mel Marshall of Calgary AB, Canada; has been engaged by ACDP to
initiate a seismic program comprised of reprocessing the existing
35 miles of seismic with a view to focusing on the 4300' - 4500'
zone; and as well design additional seismic lines considered
appropriate to pin pointing locations for our proposed 6 test well
program. Mr. Marshall designed and supervised the shooting of the
existing 35 miles of seismic, and therefore ACDP is fortunate to
have his familiarity and availability to advance our project.
Mel Marshall obtained his Bachelor of Science (Geophysics) from
the University of Calgary in 1985. He has been in the exploration
industry for 25 years and a practicing member of APEGGA
(Association of Professional Engineers, Geologists and
Geophysicists of Alberta) for the last 20 years. He has worked in
both North and South America on various structural and
stratigraphic play types, in various roles from Geophysicist to
Exploration Vice President. He is currently running his own
consulting business that provides both technical and management
services to the exploration industry.
Management Comment: "ACDP considers itself fortunate to have the
opportunity to participate in such a large scale oil and gas play
resident onshore in the USA. The combination of continued
restrictions on offshore drilling, turmoil in the far east, and
surging oil prices (recently over $100 per barrel), all of which
affects demand - supply balance; makes this an attractive and
timely business opportunity to fast track shareholder value."
About American Community Development, Inc.:
ACDP is an emerging domestic oil and gas company, and will be
focused on exploiting oil and gas reserves onshore within the USA.
ACDP is in the process of assembling a seasoned team of managers
and technical professionals in the areas of geology, geophysics,
engineering, and legal. ACDP is positioning itself for aggressive
asset growth and shareholder value enhancement.
This news release may contain forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Act of 1934, as amended;
such statements are subject to risks and uncertainties that could
cause actual results to vary materially from those projected in the
forward-looking statements. The Company may experience significant
fluctuations in operating results due to a number of economic,
competitive and other factors. These factors could cause operations
to vary significantly from those in prior periods, and those
projected in forward-looking statements. Information with respect
to these factors, which could materially affect the Company and its
operations, are included on certain forms the Company files with
the Securities and Exchange Commission.
Contacts: American Community Development, Inc. Bruce A. Thomson,
B.A.Sc. President & CEO 702-605-0145 info@acdp-ir.com
www.acdp-ir.com
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