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Desert Mountain Energy Restructuring Management Team as Robert Rohlfing Assumes New Role as CEO & Chairman with Irwin Olian Retiring From These Positions
(via TheNewswire) July 27, 2020 - TheNewswire - Vancouver, British Columbia - ...
About this update from Desert Mountain Energy Corp.
[{"type":"text","content":"Desert Mountain Energy Restructuring Management Team as Robert Rohlfing Assumes New Role as CEO & Chairman with Irwin Olian Retiring From These Positions(via TheNewswire)\n \n \nJuly 27, 2020 - TheNewswire - Vancouver, British Columbia - DESERT MOUNTAIN ENERGY CORP. (the \"Company\") (TSXV:DME) (OTC:DMEHF) (Frankfurt:QM01) is pleased to report that Robert Rohlfing has now assumed the new role as CEO, President and Chairman of the Company effective at this time, replacing Irwin Olian, who is retiring from these positions. Irwin Olian, who founded the Company and ably served in these roles for the past 12 years, elected to retire from his ongoing day-to-day administrative responsibilities to devote more time to family, friends and other personal interests. However, as founder and shareholder, he remains keenly committed to the Company's success and will be providing value-added strategic advice and services to our team going forward as a Senior Financial Consultant under a consulting agreement. \n\n \n \nThe shift from Olian to Rohlfing at the helm of the Company is part of a management restructuring effort now underway to place seasoned oil & gas industry professionals in key\n\n\n \nleadership roles within the Company. Additions of new personnel to our management and technical teams are pending. Having now drilled the initial two wells of the Company's helium exploration program in Arizona's Holbrook Basin and contemplating completion and testing of those wells next month as announced in our press release dated July 23, 2020, the Company is now looking ahead to its future which is contemplated to involve development activities and creation of gas infrastructure with a view toward potential helium production.\n\n \n \nRobert Rohlfing's skill set is well-suited to the long-term direction of the Company and he has served the Company ably as its Executive Vice-President of Exploration and Head of Technical Operations for the past two years. In such capacities, he has overseen our exploration and drilling programs on a hands-on basis, while also interfacing with our financial department and entire management team as well as the capital markets. \n\n\n \nRobert is highly qualified to assume his new role, as a seasoned oil & gas industry operations executive with over 25 years' experience in formulating, conducting and managing...