BASE OIL AND GAS LTD. ANNOUNCES APPOINTMENT OF ROB BELL AS VP BUSINESS DEVELOPMENT, GRANT OF INCENTIVE STOCK OPTIONS
Mar 30, 2011
Symbol: BOG: TSX Venture
CALGARY, March 30 /CNW/ - Base Oil and Gas Ltd. ("Base Oil and Gas" or the "Company") is pleased to announce the appointment of Mr. Rob Bell as Vice President Business Development. Mr. Bell has over 35 years of industry experience, most recently as a consultant to a number of private oil and gas producers. Until 2009 he was Vice President - Engineering and Chief Operating Officer of Eagle Rock Exploration Ltd. Prior to this he was a Founder, Vice President - Engineering and Chief Operating Office of Dragonheart Resources Ltd., a private exploration and production company. From July 2002 to June 2006, Mr. Bell was Vice President - Engineering of Endev Energy Inc. His extensive background includes production, exploitation, reservoir, facilities, projects, joint interest, and strategic planning. Mr. Bell, P. Eng. graduated with a B. Sc. (Chemical Engineering) from the University of Calgary and is a member of APEGGA.
The Company has granted Mr. Bell incentive stock options to acquire a total of 300,000 common shares of the Company at a price of Cdn $0.23 per share, exercisable for a period of 5 years.
These incentive stock options are being granted in accordance with the Company's Stock Option Plan.
Base Oil and Gas Ltd. is a Calgary based emerging oil and gas company, focused on the development of Cardium oil & gas reserves in the Western Canadian Sedimentary basin.
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.
For further information:
Base Oil & Gas Ltd. | |
Dennis Feuchuk President & CEO (403) 384-0000 dennisf@baseoilandgas.ca |
Roy Evans, C.A. Vice President, Finance & CFO (403) 384-0000 roye@baseoilandgas.ca |
or visit the Company's website at www.baseoilandgas.ca. |