CALGARY, June 18 /CNW/ - Stealth Ventures Ltd. (Stealth) is pleased to
announce that effective June 18, 2008; Mr. Derek Krivak has been appointed
President and CEO of the Company.
Mr. Krivak initially joined the Company as Vice President, Operations in
April, 2005, and most recently held the position of Chief Operating Officer
(COO) as well as being a member of the board of directors. Mr. Krivak's past
experience as Project Manager for the Unconventional Gas Research Group with
the Alberta Research Council Inc. (ARC) and his role with the Gas Technology
Institute for unconventional gas projects throughout North America and abroad
has proven timely and invaluable as the Company initiates full commercial
production of its shale project in Alberta, and continues work on its large
CBM project in Nova Scotia.
Mr. Robert Bell's years of service to the Company was instrumental in
seeing Stealth grow from a predominantly non-operated oil and gas vehicle to
the full cycle operating junior oil and gas Company it is today. Mr. Bell will
remain an active and integral part of the Company as Chairman of the Board of
SLV is a Calgary-based junior oil and gas company focusing on developing
its Colorado Shale gas project in Wildmere, Alberta. The company has developed
a management team now led by Mr. Krivak specializing in the exploration and
development of "unconventional" gas reserves including shale and tight gas
reservoirs and CBM.
STEALTH VENTURES LTD.
"W. Robert Bell"
Per: W. ROBERT BELL
Chief Executive Officer
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. THIS NEWS RELEASE
MAY CONTAIN FORWARD-LOOKING INFORMATION. ACTUAL FUTURE RESULTS MAY DIFFER
MATERIALLY FROM THOSE CONTEMPLATED.
For further information:
For further information: W. Robert Bell, CEO, Derek Krivak, President,
Mark J. Roth, CFO, Stealth Ventures Ltd., Tel.: (403) 514-9998, Fax: (403)
514-9995, Emails: firstname.lastname@example.org