BRS Resources Appoints New President and CEO
23 February 2011 - 1:25AM
Marketwired
Bonanza Resources Corporation (TSX-V: BRS) (FRANKFURT: B4G) ("BRS"
or the "Company") announces Steven D. Moore as the newly elected
President and Chief Executive Officer.
Moore has more than 32 years of financial, operational,
marketing and communication experience, primarily in the oil and
gas industry. Moore began his career in as field engineer in
Ventura, Calif. for Halliburton Company. He has held a number of
other positions in the energy industry, including chief financial
officer of Saxon Oil Company and director of communication and
strategic planning for Halliburton Company. He holds a BS degree in
Mechanical Engineering and an MBA from Southern Methodist
University in Dallas, Tex.
Moore was instrumental in the acquisition of a membership
interest in AleAnna Resources LLC, a company uniquely positioned
onshore Italy with more than 766,000 exploration acres in 11
concessions and a drilling program which is expected to commence in
the first half of 2011. Outgoing President and CEO Byron Coulthard
will continue to serve as Chairman of the Board of the Company.
"As President and CEO my goal is to increase shareholder value
through a well executed drilling and seismic program on the unique
land position we share with our partners in the Po Valley and
Bradano Basin onshore Italy," stated Mr. Moore. "By increasing
reserves, production and ultimately cash flow and earnings, I look
forward to enjoying many years of growth along with the
shareholders of Bonanza Resources Corporation."
About BRS Resources Ltd: BRS Resources
(currently trading as Bonanza Resources Corporation until February
18th) is listed on the TSX.V Exchange under the symbol BRS. The
Company is an independent international oil and gas company focused
on the development and production of oil and natural gas
reserves.
For further information, please contact David Russell, Director
of Investor Relations/Corporate Communications, at (214) 699-9470
or by email at drussell@BRSresources.com.
Website: www.BRSresources.com
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 RELEASE.
This press release includes certain "Forward-Looking
Statements." Words such as "expected to commence," "increasing,"
and words of similar import also identify forward-looking
statements. Forward-looking statements in this news release include
statements about when and where BRS/AleAnna will be operating, and
when BRS/AleAnna's exploration activity will take place and when
and where BRS will be making and broadcasting the aforementioned
presentation and the ability of individuals to view the broadcast
on the internet. Actual results may differ materially from those
currently anticipated due to a number of factors beyond the
Company's control. These risks and uncertainties include, among
other things, any negative change in the law, regulatory or
political environment which would negatively affect BRS/AleAnna's
ability to obtain permits necessary for drilling, and other factors
beyond the Company's or AleAnna's control. These forward-looking
statements are made as of the date of this news release and, except
as required by applicable laws, the Company assumes no obligation
to update these forward-looking statements, or to update the
reasons why actual results differed from those projected in the
forward-looking statements.
Contact: David Russell Director of Investor Relations/Corporate
Communications (214) 699-9470 Email Contact
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