Veraz Petroleum announces appointment of Vice President Finance and Chief Financial Officer and appointment of Director



    CALGARY, Feb. 7 /CNW/ - Veraz Petroleum Ltd. (VRAZ - CNQ) is pleased to
announce the appointment of Mr. Colin M. Christie, CA, CFA to the position of
Vice President, Finance and Chief Financial Officer of the company as well as
the appointment of Mr. D.W. (Dan) Long to the company's Board of Directors.
    Mr. Christie is a graduate of the University of Calgary and received his
CA designation in 2000 and CFA designation in 2002. Most recently, he was
Partner, Senior Vice President of Alger & Associates Inc., where his practice
was focused on corporate restructuring, valuation and litigation support
matters. Prior to joining Alger, Mr. Christie was employed by Deloitte and
Touche LLP and worked within the firm's corporate finance group and prior
thereto, Mr. Christie articled with Collins Barrow LLP. Mr. Christie will be
based at the company's head office in Calgary, Alberta and will work with the
company's President and Chief Executive Officer in the advancement of Veraz's
business.
    Mr. Long is a professional engineer, having graduated from the University
of Calgary in 1983. Mr. Long was most recently employed as Vice President,
Corporate Development and Marketing with Northrock Resources/TAQA North where
he played a key role in the sale of Northrock Resources to TAQA Energy PJSC in
August 2007. Prior to joining Northrock Resources in 2001, Mr. Long held
various positions with Fletcher Challenge Energy Canada where he was also
involved in that company's sale to Apache Corp./Shell Canada for $3.1 billion
in 2001. Mr. Long has also held positions with Canadian Occidental Petroleum
where his experience included in-country assignments in Yemen as well as
business development activities in Nigeria and Libya. Mr. Long began his
career with Amoco Canada where he held positions in field engineering,
exploitation engineering, evaluations and marketing.

    Veraz is a junior international exploration company based in western
Canada and listed on the Canadian Trading and Quotation System Inc. (CNQ)
under the symbol VRAZ.





For further information:

For further information: Gerardjan ("Oppe") Cosijn, President and Chief
Executive Officer, Phone: (403) 303-3759, Fax: (403) 264-8163, Email:
oppe.cosijn@verazpetroleum.com, www.verazpetroleum.com

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Veraz Petroleum Ltd.

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