China Energy Ventures Corp. Augments Management Team.Business Editors CALGARY, Canada & BEIJING--(BUSINESS WIRE)--Feb. 26, 2004 China Energy Ventures Corp., (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on OTC/BB: CEVC CEVC Church of England Voluntary Controlled (UK schools) CEVC Chaîne de l'Espoir pour les Violentés Conjugaux CEVC Commission d'enquête sur le viaduc de la Concorde CEVC Carolina Electric Vehicle Coalition, Inc. ) today announced the appointment of Mr. Glenn Van Doorne as Executive Vice President. Mr. Van Doorne has over 30 year of worldwide oil and gas experience. After obtaining his Bachelor's and Master's Degrees in Geological and Mineralogical min·er·al·o·gy n. pl. min·er·al·o·gies 1. The study of minerals, including their distribution, identification, and properties. 2. A book or treatise on mineralogy. Sciences, Mr. Van Doorne started his career with the International Energy Agency in London, U.K. Subsequently, he held increasingly senior positions in Canada with large integrated oil companies. In 1991, Mr. Van Doorne joined Hurricane Hydrocarbons Ltd (now known as Petrokazakhstan Inc.). As Vice President of Exploration and Development, he was a member of the management team that secured Hurricane's Kazakhstan oil and gas assets. In July 1998, Mr. Van Doorne left Hurricane to found IbrizOil Inc, a private company pursuing international oil and gas opportunities. As Executive Vice President of China Energy Ventures Corp., Mr. Van Doorne will be responsible for oil and gas opportunities in the Republic of Kazakhstan. China Energy Ventures Corp., through its Kazakhstan registered subsidiary, KoZhaN LLP LLP - Lower Layer Protocol , holds licenses to explore and produce oil and gas from three blocks: the Morskoe, Karatal, and Dauletaly blocks, in the Caspian region of Kazakhstan. The Morskoe block is 75 km2 in areal extent and is located 10 km south of the Tengiz oilfield, Kazakhstan's largest producing field at 285,000 BOPD BOPD Barrels of Oil Per Day BOPD Bataan Ocean Petroleum Depot . Five wells in the Morskoe block were drilled and capped in the 1960s. Four of the five wells flowed 25 degrees API crude at various rates, up to 1,500 BOPD. We will drill two new wells in close proximity to the existing highest volume wells to establish early production. Existing wells may be excellent candidates for re-entry RE-ENTRY, estates. The resuming or retaking possession of land which the party lately had. 2. Ground rent deeds and leases frequently contain a clause authorizing the landlord to reenter on the non-payment of rent, or the breach of some covenant, when the and work-overs based on results from new development wells. We have opened and staffed an office in Almaty and, subject to the receipt of government permits, expect to commence drilling operations in April 2004. "We are very pleased to have a professional of Glenn's ability and reputation join our management team," stated Mr. Matthew Heysel, P. Eng P. ENG Professional Engineer P. ENG process engineer ., Chairman & 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. . "His extensive, first hand knowledge and experience of all aspects of the oil industry, particularly in Kazakhstan, will greatly contribute to our continued growth." China Energy Ventures Corp. intends to pursue the exploitation of oil and gas opportunities in the world's most prolific basins, in partnership with national Chinese oil corporations. Note: The information contained in this press release contains "forward looking statements" within the meaning of the U.S. Federal Securities Law. Such statements are based on the current expectations of the management of China Broadband Corp. only, and actual results may differ materially. For a more detailed discussion of risks and other factors related to China Broadband please refer to its 10-KSB and 10QSB QSB Fading QSB Qualified Small Business (IRS category) QSB Queen Street Backpackers (Auckland, New Zealand) QSB Quality System Basics QSB Qualified Supplemental Benefit QSB Quantum Singleton Bound reports filed with the U.S. Securities and Exchange Commission. |
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