Listed: TSX Venture Exchange (Symbol: EOR)
HOUSTON, Aug. 21 /CNW/ - The Board of Directors of Enhanced Oil Resources
Inc. (the "Company") is pleased to announce that the Company has appointed Mr
Jim Skurner as Manager Reservoir Engineering, and Ms Denise Vann as Corporate
Mr. Skurner holds a Bachelor of Science in Geology from Purdue University
and a Master of Science in Petroleum Engineering from Texas A&M University. Mr
Skurner has 11 years of experience in the oil industry and most recently spent
six years with Kinder Morgan CO2 as a reservoir engineer responsible for
development of CO2 assets in Colorado as well as tertiary flood development in
the Permian Basin.
Ms. Vann has over 15 Years experience with Major Exploration & Production
companies including extensive experience in operational accounting, budgeting
and strategic planning. She is a graduate of University of Houston in 1979.
EOR Inc.'s President and CEO Mr. Barry Lasker reports "The Company is
very pleased to have Jim and Denise join the team at EOR. Jim's experience in
the oil and gas industry and his knowledge of CO2 flood development will
greatly help the Company as it executes its plan to become one of the largest
enhanced oil recovery (EOR) resource companies in the Country."
Enhanced Oil Resources Inc. is a development stage, enhanced oil recovery
(EOR), company that controls approximately 200,000 acres of land within the St
Johns Helium/CO2 field in Arizona and New Mexico where the Company is
developing what is thought to be the largest undeveloped resource of helium
and carbon dioxide gases in North America. Independent engineering firms have
estimated that the St Johns field contains approximately 15 trillion cubic
feet of in place resources, with a potential recoverable resource of
5 trillion cubic feet. Development of the project could result in the Company
becoming one of North America's largest CO2 suppliers and EOR producers. The
Company's strategic focus for CO2 delivery and EOR production is the Permian
Basin where significant potential exists for enhanced oil recovery from
mature, depleted oil fields.
ON BEHALF OF THE BOARD OF DIRECTORS
Barry D Lasker, CEO
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
For further information:
For further information: please call Don Currie on 1-888-990-3551