HOUSTON, TX, Dec. 19, 2014 /CNW/ - Enhanced Oil Resources Inc. (TSX-V: EOR; OTCQX: EORIF) is pleased to announce the appointment of Srinivas Polishetty to its Board of Directors.
Mr. Polishetty brings over twenty five years of senior level executive experience to the Company. Mr. Polishetty began his career in 1989 with Oil & Natural Gas Corporation of India (ONGCindia) where he served as Deputy Director in its global procurements division. Since 1998 Mr. Polishetty has served as Managing Director of American Orient Capital Partners Group, a private investment company focused on long-term strategic investment opportunities in the Asia Pacific region. AO Capital has been involved in transactions, which raised in excess of USD 2.0 billion for Asian companies in the energy sector, as well as for the construction of significant Asian infrastructure projects. Mr. Polishetty serves on the board of ArthaLand Corporation, an Asian real estate developer, as well as several other private entities. Mr. Polishetty holds an MTech degree in Petroleum & Natural Gas Engineering from the Indian Institute of Technology and an MBA from the Asian Institute of Management, with exchange studies at McGill University.
About Enhanced Oil Resources Inc.
Enhanced Oil Resources Inc. is an early-stage company, with a principal goal of increasing crude oil and natural gas production through enhanced oil recovery and infill drilling projects it is initiating in the Permian Basin on oil fields acquired by the Company in 2007 and 2008 for that purpose.
ON BEHALF OF THE BOARD OF DIRECTORS
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
SOURCE: Enhanced Oil Resources Inc.
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