Monarch Gulf Exploration, Inc., (Pink Sheets:MGFX) today announced it has appointed two new members to its Board. Chet Pohle, a Petroleum Geophysicist, has accepted the invitation to sit on the board of Monarch Gulf Exploration. Mr. Pohle has over thirty years of experience in the technical development and evaluation of exploration and production hydrocarbon prospects including acquisition, processing, and interpretation of seismic data integrated with geologic data. He also has over 10 years experience in the technical supervision of staff in the development of hydrocarbon prospects. Mr. Pohle has extensive experience in geologic provinces and productive oil and gas basins both domestically and internationally. His international experience includes Tunisia, Venezuela, Qatar, Canada, Spain, and Australia to name a few. His domestic experience includes specific expertise in the Texas and Louisiana Gulf Coast regions as well as the California San Joaquin Basin. This California expertise will be a positive contributing factor in moving the company forward with its current portfolio of prospects. Mr. Pohle is located in Bakersfield, California and will direct Monarchs interests and activities in the San Joaquin Basin as well as Monarchs interests and activities in other strategic projects. Mr. Pohle will also be serving Monarch as a senior technical advisor. Ray Henningsen of Fresno, Ca., also joins the Board of Monarch Gulf Exploration, Inc. Mr. Henningsen has been investing in oil and gas for many years and he has a�comprehensive background in many facets of the oil and gas business. He founded Casa Blanca Ventures, LLC,�a privately owned Oil and Gas investment company�which has invested in numerous oil and gas prospects. He has a�solid understanding of the financial dynamics�and what it takes to be successful in the oil and gas exploration arena. Mr. Henningsen also brings significant business acumen and experience to the board of Monarch. He has founded and operated several integrated real estate companies, and is the owner of numerous domestic and international real estate properties located through out the world.�He also owns and farms an extensive number of agricultural�properties in central California.�He brings a competitive win spirit to�Monarch as he was a�three time All American baseball player for the University of Santa Clara and was the 1st pick in the professional baseball draft of the Boston Red Sox in 1967. His many business attributes will be of great value to the future growth of MGFX. Monarch CEO Bob Jorgensen states that Mr. Pohle and Mr. Henningsen add significant Oil and Gas expertise with solid and successful business back grounds, providing Monarch important additional critical mass from a Management and Board Member perspective. �Safe Harbor� Statement under Private Securities Litigation Reform Act of 1995: Certain statements contained herein constitute �forward-looking statements� within the meaning of the Private Securities Litigation Reform Act of 1995. Information contained herein contains �forward-looking statements� which can be identified by the use of forward-looking terminology such as �believe�, �expect�, �may�, �should�, �up to�, �approximately�, �likely�, or �anticipates� or the negative thereof or given that the future results covered by such forward looking statements will be achieved. Such forward-looking statements involve a number of known and unknown risks, uncertainties 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. Monarch Gulf Exploration, Inc., (Pink Sheets:MGFX) today announced it has appointed two new members to its Board. Chet Pohle, a Petroleum Geophysicist, has accepted the invitation to sit on the board of Monarch Gulf Exploration. Mr. Pohle has over thirty years of experience in the technical development and evaluation of exploration and production hydrocarbon prospects including acquisition, processing, and interpretation of seismic data integrated with geologic data. He also has over 10 years experience in the technical supervision of staff in the development of hydrocarbon prospects. Mr. Pohle has extensive experience in geologic provinces and productive oil and gas basins both domestically and internationally. His international experience includes Tunisia, Venezuela, Qatar, Canada, Spain, and Australia to name a few. His domestic experience includes specific expertise in the Texas and Louisiana Gulf Coast regions as well as the California San Joaquin Basin. This California expertise will be a positive contributing factor in moving the company forward with its current portfolio of prospects. Mr. Pohle is located in Bakersfield, California and will direct Monarchs interests and activities in the San Joaquin Basin as well as Monarchs interests and activities in other strategic projects. Mr. Pohle will also be serving Monarch as a senior technical advisor. Ray Henningsen of Fresno, Ca., also joins the Board of Monarch Gulf Exploration, Inc. Mr. Henningsen has been investing in oil and gas for many years and he has a comprehensive background in many facets of the oil and gas business. He founded Casa Blanca Ventures, LLC, a privately owned Oil and Gas investment company which has invested in numerous oil and gas prospects. He has a solid understanding of the financial dynamics and what it takes to be successful in the oil and gas exploration arena. Mr. Henningsen also brings significant business acumen and experience to the board of Monarch. He has founded and operated several integrated real estate companies, and is the owner of numerous domestic and international real estate properties located through out the world. He also owns and farms an extensive number of agricultural properties in central California. He brings a competitive win spirit to Monarch as he was a three time All American baseball player for the University of Santa Clara and was the 1st pick in the professional baseball draft of the Boston Red Sox in 1967. His many business attributes will be of great value to the future growth of MGFX. Monarch CEO Bob Jorgensen states that Mr. Pohle and Mr. Henningsen add significant Oil and Gas expertise with solid and successful business back grounds, providing Monarch important additional critical mass from a Management and Board Member perspective. "Safe Harbor" Statement under Private Securities Litigation Reform Act of 1995: Certain statements contained herein constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Information contained herein contains "forward-looking statements" which can be identified by the use of forward-looking terminology such as "believe", "expect", "may", "should", "up to", "approximately", "likely", or "anticipates" or the negative thereof or given that the future results covered by such forward looking statements will be achieved. Such forward-looking statements involve a number of known and unknown risks, uncertainties 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.
Monarch Gulf Exploration (CE) (USOTC:MGFX)
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