Storm Cat Energy Appoints Vice President, Operations-USA.CALGARY, Alberta -- Storm Cat Energy Corp. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:SME (1) (Small and Medium-sized Enterprise) See SMB. (2) (Subject Matter Expert) An individual who is well-versed in the policies and procedures of a particular department or division. ) (the "Company") announces it has appointed Mr. Keith J. Knapstad, of Denver Colorado, as Vice-President, Operations (USA) effective April 15, 2005. Mr. Knapstad has a strong managerial and operational background, most recently as Manager Powder River Basin The Powder River Basin is a region in southeast Montana and northeast Wyoming about 120 miles east to west and 200 miles north to south known for its coal deposits. It is both a topographic drainage and geologic structural basin. Assets for J. M. Huber Corporation; a privately held corporation Noun 1. privately held corporation - a corporation owned by a few people; shares have no public market close corporation, closed corporation, private corporation with extensive unconventional resource holdings. Prior to Huber, Keith worked for Marathon Oil Company/Pennaco Energy in the Rocky Mountain region The Rocky Mountain Region is a floristic region within the Holarctic Kingdom in western North America (Canada and the United States) delineated by Armen Takhtajan and Robert F. Thorne. managing a multi-disciplined team responsible for engineering and development of various Rocky Mountain producing areas. Mr. Knapstad is an ambitious professional with proven abilities in executive leadership, project management, reserve evaluation/ reporting, and operational expertise. As part of Mr. Knapstad's compensation package, Storm Cat will grant him 200,000 stock options pursuant to its option plan having an exercise price of CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. $2.69 and a term of five years. In addition to Mr. Knapstad, Storm Cat Energy (USA) Corp has further developed its technical team with the hiring of an additional Senior Geo-Scientist, a Technical Assistant, a Director of Land, and a Controller. Storm Cat's President, Scott Zimmerman, said, "The addition of Mr. Knapstad as Vice-President, Operations (USA), along with the further development of our USA technical team will allow Storm Cat to focus on our business plan of applying proven technical expertise in the development of unconventional natural gas resources. The new team will focus on Storm Cat's considerable exploration and development opportunities that currently exist in the Powder River Basin, Wyoming and the Cook Inlet, Alaska along with identifying additional acquisitions/drilling opportunities consistent with our focused business plan." By Order of the Board of Directors Storm Cat Energy Corporation J. Scott Zimmerman, President The TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Storm Cat Energy Corporation (TSX VENTURE:SME) |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion