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Corridor Announces New Board Nominees.


HALIFAX, Nova Scotia For other uses, see Halifax.
Halifax, Nova Scotia may refer to any of the following:
  • Halifax Regional Municipality, capital of Nova Scotia, Canada
 -- Corridor Resources Inc. (TSX VENTURE:CDH Congenital diaphragmatic hernia (CDH)
A condition in which the fetal diaphragm—the muscle dividing the chest and abdominal cavity—does not close completely.

Mentioned in: Prenatal Surgery
) is pleased to announce the names of three new nominees who have agreed to stand for election as directors at the Corporation's annual meeting to be held on January 26, 2006.At the annual meeting, Corridor management will nominate Mr. Achille E. Desmarais, Mr. Robert D. Penner and Mr. W.C. (Mike) Seth in addition to the current members of the Board of Directors.Each of the three new nominees is considered independent within relevant corporate governance guidelines and brings valuable expertise to the Corporation.

Mr. Desmarais is an independent consultant who lives in Montreal. He previously spent 14 years as a senior portfolio manager and investment analyst with the Caisse de depot et placement du Quebec specializing in the energy sector, oil and gas, pipelines and public utilities, and managing an energy portfolio of approximately half a billion dollars.He is a chartered accountant and a chartered financial analyst Chartered Financial Analyst (CFA)

An experienced financial analyst who has passed examinations in economics, financial accounting, portfolio management, security analysis, and standards of conduct given by the Institute of Chartered Financial Analysts.
 and has agreed to serve on Corridor's audit committee upon his election to the Board.

Mr. Penner was a senior tax partner with KPMG KPMG Klynveld Peat Marwick Goerdeler (accounting firm)
KPMG Kaiser Permanente Medical Group
KPMG Keiner Prüft Mehr Genau (German)
KPMG Kommen Prüfen Meckern Gehen
 LLP until April 30, 2004 with a practice that focused primarily on providing taxation advisory services and related matters.He is a member of the Canadian Tax Foundation The Canadian Tax Foundation is an independent tax research non-profit organization with over 8,000 individual and corporate members in Canada and abroad. For over 50 years, it has fostered a better understanding of the Canadian tax system, and assisted in the development of that  and the Canadian Petroleum Tax Society and has lectured on various topics of taxation, including Canadian oil and gas taxation.During his years in practice, he advised numerous private and public oil and gas corporations as their principal external tax advisor on transactional matters within Canada and abroad.He has been active in community service in the City of Calgary. Mr. Penner will also join Corridor's audit committee upon his election to the Board.

Mr. Seth is an expert in the field of reservoir engineering and analysis and is well known and respected within both the oil and gas industry and the investment community. He recently retired as President and Managing Director of McDaniel & Associates Consultants Ltd. ("McDaniel"), having been with the firm for over 37 years. McDaniel is a preeminent oil and natural gas reserve evaluator in Canada and internationally. Mr. Seth has a B.A.Sc. degree in Mechanical Engineering from the University of British Columbia Locations
Vancouver
The Vancouver campus is located at Point Grey, a twenty-minute drive from downtown Vancouver. It is near several beaches and has views of the North Shore mountains. The 7.
. He has appeared as an expert witness before various regulatory authorities and before the Court of Queens Bench, Alberta. He was a member of the Council of APEGGA APEGGA Association of Professional Engineers, Geologists and Geophysicists of Alberta  and also served on the Practice Standards Committee - Oil & Gas Evaluations. He serves on the boards of various other junior oil and gas companies (reporting and non-reporting issuers) and of one senior oil and gas income fund. He is also the founder and a director of Energy Navigator Inc, a private software development firm servicing the petroleum industry. He has also been involved in a variety of community and charity work, primarily in his home city of Calgary.

Corridor is fortunate to attract individuals with the character, reputation and expertise of these gentlemen to its board of directors.

Corridor is a junior oil and gas exploration and production company, headquartered in Halifax, Nova Scotia, with interests onshore in New Brunswick, Prince Edward Island Prince Edward Island, province (2001 pop. 135,294), 2,184 sq mi (5,657 sq km), E Canada, off N.B. and N.S. Geography


One of the Maritime Provinces, Prince Edward Island lies in the Gulf of St.
 and Quebec, and offshore in the Gulf of St. Lawrence Noun 1. Gulf of St. Lawrence - an arm of the northwest Atlantic Ocean off the southeastern coast of Canada
Gulf of Saint Lawrence

Atlantic, Atlantic Ocean - the 2nd largest ocean; separates North and South America on the west from Europe and Africa on the east
.

Corridor Resources Inc. (TSX VENTURE:CDH)
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Publication:Business Wire
Geographic Code:1CANA
Date:Dec 22, 2005
Words:536
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