Apollo Resources International Adds Automation Specialist to Board of Advisors.DALLAS -- Apollo Resources International, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AOOR AOOR Annals Of Operations Research ) today announced that it is has added Mr. H. Kirk Mehaffey to its Board of Advisors. Mr. Mehaffey is President of Superior Optimization, Ltd., a company that uses remote automation techniques to optimize oil and gas surface equipment in order to maximize the oil and gas production and minimize operating expenses Operating expenses The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. . He joined Damson dam·son n. In both senses also called bullace, damson plum. 1. A Eurasian plum tree (Prunus insititia) cultivated since ancient times for its edible fruit. 2. Oil Corporation in 1984, which became Parker & Parsley Petroleum, and which in 1990 became Pioneer Natural Resources. Mr. Mehaffey played significant roles in these companies in the introduction and implementation of Supervisory Control and Data Acquisition (application) Supervisory Control and Data Acquisition - (SCADA) Systems are used in industry to monitor and control plant status and provide logging facilities. SCADA systems are highly configurable, and usually interface to the plant via PLCs. (SCADA (Supervisory Control And Data Acquisition) A process control application that collects data from sensors and machines on the shop floor or in remote locations and sends them to a central computer for management and control. ) systems, as well as guiding a successful Artificial Lift and Optimization program. His current company, Superior Optimization, provides oil and gas clients with design, installation, and management of optimization and remote automation equipment, as well as Internet-based data hosting and reporting software. Apollo CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Dennis McLaughlin, stated, "Apollo is pleased to have a highly technical optimization and automation specialist on its Board of Advisors. We believe Mr. Mehaffey will greatly assist our strategic efforts in locating and developing our oil and gas opportunities." Apollo Resources International is a public energy company focused on the acquisition and development of upstream oil and natural gas production assets. Additionally, Apollo evaluates and develops existing and future alternative energy sources. This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions. |
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