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.
Axis Energy (CE) (USOTC:AXGC)
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