Axis Energy Corporation Adds Professional Oil Engineer to Its Advisory Board
11 July 2007 - 11:00PM
Business Wire
Axis Energy Corporation (PINK SHEETS:AXGC) is pleased�to announce
that Mr. Robert V. Shields, P.Eng. has accepted the company's
invitation to head Axis Energy Corporation�s Advisory Board. Mr.
Shields is a professional engineer with over 30 years experience in
the petroleum industry that includes generating exploration
drilling prospects, drilling, well completions, facility design and
construction, reservoir evaluations and mineral land negotiations.
His early years of employment were with major oil and gas companies
including: Pacific Petroleum�s Ltd, PetroCanada Corp., Occidental
International and CG Resources Ltd. Mr. Shields has supervised oil
and gas operations in Libya, the Philippines. Brunei (offshore),
Continental USA, Western Canada and the Canadian Arctic. Over the
past 15 years he has founded and been a partner/owner in four (4)
successful private oil companies. These companies have collectively
spent $C73.5 million generating a total value of approximately
$C520 million. Mr. Gerald Fletcher president of Axis Energy
Corporation stated, "The appointment of Mr. Shields with his wide
industry experience including the historic region that the Company
is currently focused on in its property acquisition programme
brings an invaluable body of knowledge to help develop the
properties acquired.� �Axis Energy is being positioned as an
emerging oil and gas development company that has a unique network
of contacts in high-impact oil and gas producing regions of the
world.� On behalf of the Board of Directors. Jay Yano
Secretary/Treasurer Disclaimer: This Press Release may contain, in
addition to historical information, forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. These forward-looking statements are identified by their
use of terms and phrases such as "believe," "expect," "plan,"
"anticipate" and similar expressions identifying forward-looking
statements. Investors should not rely on forward-looking statements
because they are subject to a variety of risks, uncertainties and
other factors that could cause actual results to differ materially
from the Company's expectations, and expressly does not undertake
any duty to update forward-looking statements. These factors
include, but are not limited to the following, the Company's
ability to obtain additional financing, geological or mechanical
difficulties affecting the Company's planned geological
interpretation, acquisitions and other factors which may cause the
actual results, performance or achievements of the Company to be
materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements.
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