Carl-Martin Nagel Joins Tri-Valley Executive Advisory Council.BAKERSFIELD, Calif. -- German businessman Carl-Martin Nagel, shareholder and chief executive officer of C.M. Nagel GmbH, Frankfurt am Main, Germany, a private holding company with various investments mainly in the oil sector, has joined the Executive Advisory Council of Tri-Valley Corporation. A Business economics graduate of J.W. Goethe University, Frankfurt/Main, Mr. Nagel became executive director and then chief executive officer of Carl Nagel KG, an international iron and non ferrous scrap business, in Frankfurt/Main. He merged his company with Water Trapp GmbH & Co. KG of Frankfurt/Main where he continued as shareholder and vice president for years before becoming shareholder and 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. of Metallhandels Gesellschaft Offenbach/Main GmbH. During that time he served as chairman of Rohstoff-Verband Hessen, the secondary raw material dealers association of the Federal State of Hessen and additionally chairman of Bundesverband Der Deutschen Rohstoffwirstchaft e. V Koln, the Federal association of Secondary Raw Material Dealers of the Republic of Germany. Mr. Nagel, significantly, has served as board member and large shareholder of five Canadian oil and gas companies, Pan Continental Oil Ltd, Inverness Petroleum Ltd, Newport Petroleum Corporation Ltd, Sentra Resources Corporation and Blue Mountain Energy Ltd. He was a member of the Executive Advisory Board of Nassauische Sparkasse, a national Bank owned by public communities and continues to serve since 1983 as a member of the jury for commercial court in Frankfurt/Main, Germany. "Mr. Nagel has visited the oil projects of Tri-Valley and attended our recent shareholder meeting as well as sending some of his technical representatives for additional due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. . He is experienced in oil and gas investing in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and other countries of the world and we welcome his insights of our own considerable energy opportunities and his support in rapidly accelerating our growth. We look forward to our first meeting of the Tri-Valley Corporation Executive Advisory Council shortly to discuss several opportunities to continue to build share value," said F. Lynn Blystone, Chairman, president and chief executive officer of Tri-Valley Corporation. The company has been in business as a successful operating company operating company A business that engages in transactions with outsiders. since 1963, and has been a full reporting 12 (g) publicly traded Delaware Corporation A Delaware corporation is a corporation chartered in the U.S. state of Delaware. Delaware is well known as a corporate haven, and thus, over 50% of US publicly-traded corporations and 58% of the Fortune 500 companies are incorporated in the state. since 1972. Tri-Valley Corporation stock is publicly traded on the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. under the symbol "TIV." Our company website, which includes all SEC filings, is www.tri-valleycorp.com. This press release contains forward-looking statements that involve risks and uncertainties. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements which includes such words and phrases Words and Phrases® A multivolume set of law books published by West Group containing thousands of judicial definitions of words and phrases, arranged alphabetically, from 1658 to the present. as exploratory, wildcat, prospect, speculates, unproved, prospective, very large, expect, potential, etc. Among the factors that could cause actual results, events and performance to differ materially are risks and uncertainties discussed in the company's quarterly report on Form 10-Q Form 10-Q See 10-Q. for the quarter ended September 30, 2007, and the annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 2006. |
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