James W. Denny, III Joins Petro Resources as Chief Operating Officer
February 27 2008 - 9:30AM
Marketwired
HOUSTON, TX (the "Company") announced today that James W. Denny,
III has agreed to join the Company, effective March 1, 2008, as
Executive Vice President and Chief Operating Officer.
Prior to joining Petro Resources, Mr. Denny served as President
and Chief Executive Officer of Gulf Energy Management Company, a
wholly owned subsidiary of Harken Energy Corporation, from January
2002 until October 2007. From October 1999 until January 2002, he
served as Executive Vice President of Operations and Chief
Operating Officer for Harken Energy Corporation.
Mr. Denny is a registered Professional Engineer in Louisiana and
is a Certified Earth Scientist by the Society of Independent
Petroleum Earth Scientists. He is a member of various industry
associations, including the American Petroleum Institute, National
Society of Professional Engineers, Society of Petroleum Engineers,
and the Society of Petroleum Evaluation Engineers.
Management Comments
Wayne Hall, CEO of Petro Resources, said, "Jim Denny brings more
than thirty-five years of petroleum engineering and executive
experience to our staff and his presence represents a major
advancement in the growth of the Company. We look forward to his
contributions as we strive to continue to deliver value for our
shareholders."
About Petro Resources
Petro Resources Corporation is an independent exploration and
production company engaged in the acquisition, exploration,
development, and exploitation of oil and natural gas properties
located in the continental United States.
Forward-looking Statements
The statements contained in this press release that are not
historical are "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933, as amended (the
"Securities Act"), and Section 21E of the Securities Exchange Act
of 1934, as amended (the "Exchange Act"), including statements,
without limitation, regarding the Company's expectations, beliefs,
intentions or strategies regarding the future. These statements are
qualified by important factors that could cause the Company's
actual results to differ materially from those reflected by the
forward-looking statements. Such factors include the general risks
associated with oil and gas exploration and development, including
those risks and factors described from time to time in the
Company's reports and registration statements filed with the
Securities and Exchange Commission, including but not limited to
the Company's definitive prospectus dated October 30, 2007 filed
with the Securities and Exchange Commission on October 31, 2007 and
the Quarterly Report on Form 10-QSB for the three months ended
September 30, 2007. The Company cautions readers not to place undue
reliance on any forward-looking statements. The Company does not
undertake, and specifically disclaims any obligation, to update or
revise such statements to reflect new circumstances or
unanticipated events as they occur.
Contacts: Brad Holmes Investor Relations (713) 654-4009 or Don
Kirkendall President (832) 369-6986
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