- Published: 05 October 2010
- Written by Editor
Covenant Resources Ltd. Appoints Advisory Board
Covenant Resources Ltd. Appoints Advisory Board
Covenant Resources Ltd. (CVA - CNSX), Mr. Frank Port, President and CEO of Covenant Resources Ltd. (the "Company" or "Covenant")wishes to announce that the Company has appointed the following members to Covenant's advisory board to assist in the oil and gas operations and general corporate development of Covenant.
W. Milton Cox
Mr. Cox has 25 years of executive experience in resource investment management, corporate restructuring, finance, mining, and international oil and gas. From 1982 to present, he has been president and CEO of CodeAmerica Investments LLC, a multifarious mineral resource investment and management company with interests in mining and oil and gas production worldwide.
Mr. Cox previously was the President and C.E.O. of Diamond Oil and Gas which was sold in 1998; it held property and production in Canada and the United States. He holds a Bachelor and Masters of Business Administration as well as a BSC Petroleum Geology Certificate. Mr. Cox is also a Certified Gemologist with the Gemological Institute of America and is a member of the ASME International Petroleum Technology Institute.
Tom Lantz
Mr. Lantz is a professional engineer, possessing more than 30 years of experience in oil and gas reservoir and operations engineering. Before joining the Company, Mr. Lantz served as VP Operations for a wholly-owned subsidiary of Ryland Oil Corporation, prior to being bought out by Crescent Point Energy Corp. From 1998 through 2006, Mr. Lantz was employed as an Asset Manager for Halliburton Energy Services, during which time he led the efforts for several highly successful development programs for Halliburton's clients, including the initial development of the Elm Coulee oil field. He served as U.S. Operations Manager for Enerplus Resources after they acquired a major interest in the Elm Coulee Field from Lyco Oil Corporation. http://www.americaneagleoil.com
Asif Khan - Founder and CEO of FrontierAlt Investment Management Corp.
Asif Khan has over 18 years of financial services and capital markets industry experience. Prior to FrontierAlt Capital Corp., he was Senior Vice President of Strategic Nova Mutual Funds Inc. from 1998 until it was sold in 2002. Mr. Khan was a member of the product development team at Strategic Nova and at Goodman & Company Investment Counsel Ltd. He has been involved in the oil & gas and mining sector since 1998 and has been involved in raising of capital for over 60 junior resource companies. http://www.frontieralt.com
Senator David Tkachuk
Senator Tkachuk was appointed to the Senate of Canada in 1993 and is Deputy Chair of the Transport and Communications Committee. He is also a member of the Energy and Environment, Banking, Trade and Commerce and the National Security and Defence Committees and served on the Agriculture and Forestry Committee. As a Senator from Saskatchewan for nearly two decades Senator Tkachuck has been representing the province and Canadians in Ottawa on a variety of legislative and public policy fronts. http://senatortkachuk.com
"The addition of these high profile professional members to Covenant's advisory board substantially adds to the expertise to Covenant's management team and is the next step in developing into a mid-tier oil and gas company", said Frank Port, Covenant Chairman, President and C.E.O.
The Company is a junior natural resource exploration company focused on the acquisition, exploration, and development of economically viable natural resources. The Company currently owns 41,500 net acres of oil and gas leases in "The Sweetgrass Arch" Prospect located in the Toole and Pondera Counties, Montana. The Sweetgrass Arch prospect has significant gas potential as well as Bakken oil potential. The Company continues to seek additional oil and gas properties.
The Company Trades on the CNSX under the trading symbol "CVA".
The CNSX does not accept responsibility for the adequacy or accuracy of this news release.
For more information, please refer to the Company's prospectus and engineering report available on SEDAR (www.sedar.com).
For further information contact:
Frank Port
President, Chief Executive Officer, and Director
Tel: 604-805-9999
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Website: www.covenantresources.com