Hillcrest Resources Ltd Announces Michael Krzus as Director
November 26 2013 - 9:30AM
Access Wire
VANCOUVER, B.C. November 26, 2013
- Hillcrest Resources Ltd. (the
"Company"
or
Hillcrest")
(TSX.V :
HRH) is
pleased
to
announce
the
Company
has
added
Michael
Krzus to the
Board of
Directors
effective
immediately.
Michael Krzus
brings
over 30
years
of oil
and
gas
industry
experience,
including
senior
executive
management
and
Director
positions. His
experience
includes
managing
and
overseeing
technical
and
business
aspects
of various
conventional
and
unconventional
oil and
gas
assets
and
liquified
natural
gas
("LNG")
projects
in the United
States,
Australia,
The
Netherlands
and
Canada,
including
roles
as CEO
and
Director
of
operating
oil and
gas
companies.
From
2012, Mr.
Krzus
was a
Director
and the
founding CEO
of
Emerald
Oil
Inc,
a New
York
Stock
Exchange
listed,
operating
oil
company
focused
Williston
Basin,
Bakken
shale oil
play in the
USA.
During
2013 he
relinquished
his CEO
and
Director
positions and
will
retire
from
Emerald at
the end of
2013.
Mr
Krzus
was
CEO and
Managing
Director
of
Emerald
Oil and
Gas
NL,
an oil
and
gas
company
listed on
the
Australian
Stock
Exchange,
from 2009
to 2013.
Prior to
this,
Mr.
Krzus
enjoyed
a 22 year career at Woodside Petroleum Ltd. where
he held various managerial and executive positions in technical,
business planning and commercial roles involving large integrated
offshore oil and gas developments, deep water offshore oil
developments and LNG projects in Australia, as well as a four year
secondment to Shell, developing onshore oil and gas fields in the
Netherlands. While with Woodside, Mr. Krzus served as a director on
industry advisory boards for the University of Western Australia
School of Oil and Gas Engineering and Adelaide University's
Australian School of Petroleum and a number of Petroleum related
research organizations in Australia. He holds a Diploma in Oil and
Gas Technology from the British Columbia Institute of Technology
and a BSc. in Petroleum Engineering from Tulsa University.
Don
Currie,
CEO and
Chairman
states
"Having
someone
with
Mike's
experience
and
pedigree
is a major
addition to a
Company
such
as ours.
His
knowledge
and
experience
within so
many
sectors
of the oil
and
gas
industry will
be an
invaluable
resource
to
Hillcrest.
We look
forward
to his input in
company
matters
and
direction."
Hillcrest
also
announces
the
resignation
from the
Board
of
Directors
of Mr.
Martin
Wood. The
Company
thanks
Mr.
Wood for
his
efforts
to date
and
wishes him
all the
best in
his
future
endeavors.
In
connection
with the
appointment
of Mr.
Krzus,
the
Company
has
granted
1,000,000 incentive
stock options
to
directors,
officers
and
employees
at an
exercise
price
of $0.06
per
share
purchase
option,
including
300,000 to
Mr.
Krzus.
Also in
connection
with the
Company's
stock option
plan,
approximately
850,000 options
previously
granted
have
either
expired
or
been
cancelled
pursuant to
the terms of
the
Company
Stock Option
Plan.
For more information on Hillcrest Resources Ltd, contact Donald Currie toll free at 1-866-
609-0006
or visit the Company's website at www.hillcrestresources.com
On Behalf of the Board of Directors
Donald Currie
Chairman, Chief Executive Officer and Director
FORWARD LOOKING STATEMENT HERE
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of the statements
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press release
are
forward-looking
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and
information
within the meaning
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Forward-looking
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"intends",
"is expected",
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or results
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"would",
"might"
or "will" be
taken,
occur
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Forward-looking
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and information
are not
historical
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subject
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uncertainties
beyond
the Company's
control.
Actual
results and
developments
are
likely
to differ,
and may
differ
materially,
from those
expressed
or implied
by
the forward-looking
statements
contained
in this news
release.
Accordingly,
readers
should not place
undue
reliance
on forward-looking
statements.
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to update
publicly
or otherwise
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forward-looking
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