Stealth Ventures Ltd. announces the establishment of an International Advisory Board
February 23 2011 - 3:28PM
PR Newswire (Canada)
CALGARY, Feb. 23 /CNW/ -- SLV TSX Venture CALGARY, Feb. 23 /CNW/ -
Stealth Ventures Ltd. ("Stealth" or the "Company") (TSXV: SLV) is
pleased to announce the establishment of an International Advisory
Board (IAB) to give the Company the opportunity to draw on the
strengths and relationships of certain key individuals, located in
India, to strengthen the Company's activities by providing their
skills and expertise, as the Company expands its footprint in India
and SE Asia. A brief profile of each of the individuals in the IAB
is appended. Mr. K. N. VENKATASUBRAMANIAN, a senior technocrat with
over 40 years of experience in the oil & gas industry in India
and internationally, is a specialist in all processing related
activities. He started his career with Philips Petroleum and has
since been involved in senior positions in Indian Petrochemicals
Corporation Ltd., Engineers India Ltd., State Trading Corporation,
and retired as Chairman of Indian Oil Corporation; the largest
refining company in India. He sits on various Boards like Essar
Oil, Gulf Oil, East India Petroleum, to name a few. His advice and
assistance will help leverage the Company's technical strengths for
its business internationally. Mr. R. C. SHAH, a Geologist by
training has worked with ONGC Ltd. (National Oil Company of India)
for over 30 years before he established his own consulting company
in India. His 40 plus years of experience as a specialist in
reservoir evaluation, assessment, engineering and monitoring has
helped him to understand the regional geology and the related plays
in India and S.E. Asia and he has been involved in the successes of
companies like Niko, GSPC, Pan Orient, Selan Exploration etc. His
knowledge of the sub-surface geology of the region will help the
Company build the right acreage in India. Mr. P. MURARI
is a retired officer of the Indian Administrative Service (IAS),
India's prestigious and elite Civil Services cadre that is involved
in policy making and implementation of the Government of India's
public programs. His has held several key positions in the
Government during his tenure and his last assignment, before
superannuation, was Secretary to The President of India. He now
sits in various Boards of public companies, including the largest
oil & gas drilling company in India. He is also the Adviser to
The Federation of Indian Chamber of Commerce & Industry (FICCI)
and the President of the Indo American Chamber of Commerce. His
invaluable advice will help build on the Company's India and
international strategies. Mr. C. N. RAMDAS is a retired IAS officer
and has held several key assignments within the Provincial and
Federal Governments, in India. His last assignment before
superannuation was as Secretary, Ministry of Surface Transport; the
ministry that formulated policies and implemented all
infrastructure related projects like, roads, bridges, ports etc.,
in India. He has since been advising companies like Mobil, Command
Petroleum, Indian Oil Tanking, Cairn Energy and such other
organizations for establishing and promoting their businesses in
India. He is a strategist who provides the right advice and
assistance to build the Company's business growth in India and the
region. The tenure of the IAB will be for an initial period of 1
year and it will be renewed and extended from time to time, besides
being strengthened with additional persons of eminence, to help
implement and achieve the corporate and technical objectives of the
Company. Stealth
Ventures Ltd. is a Calgary-based junior oil and gas company whose
expertise and focus is on "unconventional" gas reserves from shale
gas, CBM, and tight sand reservoirs. We seek Safe Harbor.
STEALTH VENTURES LTD. "Subra Subramaniam" Per: SUBRA SUBRAMANIAM
Chairman of the Board & CEO Forward Looking Statements: This
News Release may contain forward-looking statements based on
assumptions and judgments of management regarding future events or
results that may prove to be inaccurate as a result of exploration
and other risk factors beyond its control, and actual results may
differ materially from the expected results. NEITHER THE TSX
VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM
IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
THIS NEWS RELEASE MAY CONTAIN FORWARD-LOOKING INFORMATION. ACTUAL
FUTURE RESULTS MAY DIFFER MATERIALLY FROM THOSE CONTEMPLATED. To
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