American Community Development, Inc., Announces the Appointment of Vice President, Engineering
September 14 2011 - 8:00AM
Marketwired
American Community Development, Inc. (PINK SHEETS: ACDP) announces
the appointment of Vice President Engineering.
V. Allen Kimmel, B.A.Sc., P.Eng., P.Geol., P.Geo., Vice
President Engineering
Allen Kimmel, a graduate of the Geological Engineering Program
at the University of British Columbia, has a diverse background
within the petroleum industry, having worked as an exploration and
development geologist, a reservoir engineer and as an acquisitions
and divestiture specialist over the past 25 years. This experience
has provided Mr. Kimmel with an extensive knowledge of the
reservoir and geological play types throughout Western Canada. A
native Calgarian, Mr. Kimmel began his career with Dome Petroleum
and then spent time with Amoco Canada, Samson Canada and Cimarron
Petroleum. He has gained significant management experience having
been involved in a startup company that grew from 2 to 34
employees, having held positions in corporate business development
groups and having acted as President, COO and Director of both
public and private oil and gas companies. Mr. Kimmel was an
independent consultant to several petroleum companies (including
Barrington Petroleum and Marathon Canada) specializing in project
development, acquisitions and divestitures prior to devoting his
time to running a private oil and gas company. Mr. Kimmel is
involved in other business ventures in Calgary including GeoHistory
Inc., provider of the Essentials of the Oil and Gas Industry Course
for clients such as Encana, Talisman, Husky and Conoco-Phillips and
industry associations such as CAPLA (Canadian Association of
Petroleum Land Administration) and PASC (Petroleum Accounting
Society of Canada).
The ACDP board of directors takes this opportunity to welcome
Mr. Kimmel to our management group.
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 $ 89 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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