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Kroes Energy appoints James Cummings to its Board of Directors
Kroes Energy appoints James Cummings to its Board of Directors.
About this update from Verisante Technology, Inc.
[{"type":"text","content":"\n\n\n\n\nCALGARY, Feb. 15 /CNW/ - Kroes Energy Inc. (TSX Venture: KRS) announced\ntoday that C. James Cummings, LLB has agreed to join its Board of Directors,\neffective immediately. Mr. Cummings is a partner in the law firm,\nInternational Energy Counsel of Calgary, Alberta and has extensive oil and gas\nindustry experience both in Canada and abroad. Prior to establishing his own\nlaw firm, Mr. Cummings was General Counsel for Asamera Inc. and Bow Valley\nIndustries Inc. He currently serves as a Director for a number of public and\nprivate corporations.\nFred Callaway, President and CEO of Kroes, said: \"We are delighted to\nhave Mr. Cummings join the Kroes team. His combination of legal expertise and\nexperience in the oil and gas industry will be a great benefit to Kroes,\nespecially as it looks to expand its oil and gas portfolio.\"\n\nKroes Energy is a junior oil and gas producer and explorer participating\nin the Lelyaki Oilfield redevelopment project in Ukraine, one of Eastern\nEurope's fastest growing economies. Kroes has a strong management team, with\nextensive international experience. Shares trade on the TSX Venture Exchange\nunder the symbol KRS.\n\nFORWARD-LOOKING STATEMENTS\nThis disclosure contains certain forward-looking estimates that involve\nsubstantial known and unknown risks and uncertainties, certain of which are\nbeyond Kroes' control, including: the impact of general economic conditions in\nthe areas in which the Company operates, industry conditions, changes in laws\nand regulations including the adoption of new environmental laws and\nregulations and changes in how they are interpreted and enforced, increased\ncompetition, the lack of availability of qualified personnel or management,\nfluctuations in commodity prices, foreign exchange or interest rates, stock\nmarket volatility and obtaining required approvals of regulatory authorities.\nIn addition, there are risks and uncertainties associated with oil and gas\noperations; therefore, Kroes' actual results, performance or achievement could\ndiffer materially from those expressed in, or implied by, these forward-\nlooking estimates and, accordingly, no assurances can be given that any of the\nevents anticipated by the forward-looking estimates will transpire or occur,\nor if any of them do so, what benefits, including the amounts of proceeds,\nthat Kr...