Petrodorado Appoints Interim Chief Financial Officer
Calgary, Alberta CANADA, September 09, 2011 /FSC/ - Petrodorado Energy Ltd. (PDQ - TSX Venture)("Petrodorado" or the "Company")
Effective immediately Krishna Vathyam has been appointed interim Chief Financial Officer ("CFO") of the Company.
Mr. Sean Bovingdon, the previous CFO, has been appointed as the CFO of the newly formed Argent Energy Trust, but will continue with Petrodorado in a consulting role.
In addition, Petrodorado has appointed Chris Reid, a Chartered Accountant, as the Controller for the Company. Chris, along with support from the established Colombian financial group, and guidance from Sean, will provide financial leadership for Krishna and the Board.
Sean Bovingdon, outgoing CFO:
"While being excited by the opportunity with Argent Energy Trust that could not be passed up, I look forward to advising Chris and Petrodorado as it progresses with its promising exploration program."
Krishna Vathyam, President and CEO of Petrodorado Energy Ltd:
"We wish Sean the best in his new position, and thank him for his efforts in organizing our reporting structure and administrative controls. We are now in a good position to manage our upcoming drilling program and capitalize on the opportunities we have in Colombia, Peru and Paraguay."
About Petrodorado Energy Ltd.
Petrodorado is primarily engaged in petroleum and natural gas exploration and development activities in Colombia, Peru and Paraguay. Its head office is located in Calgary, Alberta, Canada and Petrodorado's common shares are traded on the TSXV under the trading symbol "PDQ".
For further information, please contact:
Krishna Vathyam, President and CEO, interim CFO
(403) 235-2804
Email: info@petrodorado.com
Website: www.petrodorado.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view this release as a web page, please click on the following link:
http://www.usetdas.com/pr/petro09092011.htm
PETRODORADO ENERGY LTD.
Suite 2688 Bow Valley Square III
255 - 5 Ave S.W.
Calgary, Alberta, Canada, T2P 3G6
Tel: (403) 235-2804
Fax: (403) 235-2817
Source: Petrodorado Energy Ltd. (TSX-V: PDQ) http://www.petrodorado.com
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