Sun Cal Energy Inc. Brings Together More Than 50 Years of Oil and Gas and Capital Markets Experience to Its Board of Advisors.SAN FRANCISCO -- Sun Cal Energy Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :SCEY), an energy exploration company focused in the Southern San Joaquin Valley Noun 1. San Joaquin Valley - a vast valley in central California known for its rich farmland Calif., California, Golden State, CA - a state in the western United States on the Pacific; the 3rd largest state; known for earthquakes of California and the Anadarko Basin of Oklahoma, is pleased to announce the creation of a Board of Advisors to assist and advise executive management on strategic, financial and technical issues. The Board of Advisors is a consultative body whose members are experts in oil and gas and corporate governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. , and will provide guidance and support in developing the Company's oil and gas properties. Commenting on the creation of the Board of Advisors, Lewis Dillman, President and Chief Executive Officer of Sun Cal Energy Inc. states: "Our Advisory Board members bring together more than 50 years of oil and gas and capital markets experience, and we are excited to have direct access to their networks and strategic expertise. Our Advisory Board members' knowledge and insights will be an invaluable resource for the Company as we continue to seek opportunities to maximize shareholder value." Initial members of the Board of Advisors include: Dr. M.V. Achuthan, P. Geol Dr. Achuthan's extensive background in the energy industry includes prospect evaluation, acquisitions, development planning, recovery program administration, and geological surveying. His evaluations include oil and gas assets in the US and International jurisdictions, as well as oil and gas corporations such as Amoco Petroleum, Elf, and Gulf Canada. Dr. Achuthan earned his Ph.D. in Paleontology paleontology (pā'lēəntŏl`əjē) [Gr.,= study of early beings], science of the life of past geologic periods based on fossil remains. , Geology and Petrography pe·trog·ra·phy n. The description and classification of rocks. pe·trog ra·pher n. from the University of Vienna HistoryThe University was founded on March 12, 1365 by Duke Rudolph IV and his brothers Albert III and Leopold III, hence the additional name "Alma Mater Rudolphina". After the Charles University in Prague, the University of Vienna is the second oldest university in Central , Austria, in 1967. Chris Metcalf, MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration , JD An investment banker Investment Banker A person representing a financial institution that is in the business of raising capital for corporations and municipalities. Notes: An investment banker may not accept deposits or make commercial loans. , Chris brings with him significant venture capital experience in advanced oil and gas discovery technologies, including 3D seismic interpretive software and new surface geochemical survey technologies, as well as advanced automated drilling rig technologies which are being put to use by major exploration and production companies. He received a BSc in Commerce from the University of Virginia, a Juris Doctor The degree awarded to an individual upon the successful completion of law school. Juris doctor, or doctor of Jurisprudence, commonly abbreviated J.D., is the degree commonly conferred by law schools. degree from the University of Virginia School of Law The University of Virginia School of Law was founded in Charlottesville in 1819 by Thomas Jefferson as one of the original subjects taught at his "academical village," the University of Virginia. , and an MBA from the University of Chicago where he graduated with Honors. He is a member of the California and Virginia State Bar Associations. Further commenting on the members of the Board of Advisors, Lewis Dillman states: "Sun Cal Energy Inc. will seek to leverage Dr Achuthan's geological skills and networks within the oil and gas sector. Chris Metcalf will work closely with George Drazenovic, Chief Financial Officer, in particular on regulatory and compliance matters, and will provide invaluable strategic perspectives on the capital markets. Together, these appointments significantly strengthen the Company's ability to access significant exploration opportunities and financial resources. Their involvement and commitment to the Company is a testament to the opportunity Sun Cal Energy Inc. presents to its shareholders." Further Information Shareholders and prospective investors are encouraged to visit Sun Cal Energy's website: www.suncaloil.com and download Sun Cal Energy's Investor Summary. Please feel free to call investor relations Investor relations The process by which the corporation communicates with its investors. toll-free at 1-800-798-8334 to receive a full corporate investor's package. About Sun Cal Energy Inc. Sun Cal Energy Inc. is a publicly traded independent oil and gas exploration company with headquarters in Calgary, Alberta, and an operational office in San Francisco, California “San Francisco” redirects here. For other uses, see San Francisco (disambiguation). The City and County of San Francisco (EN IPA: [sænfrənˈsɪskoʊ] . Sun Cal Energy aims to secure and develop a portfolio of oil and gas properties throughout America. The company is strategically placed in the Southern San Joaquin Valley of California and in the Anadarko Basin of Oklahoma. Sun Cal Energy Inc. trades under the ticker symbol: SCEY - "Sun Cal Energy Inc. - Providing Energy Solutions to America". On behalf of the Board Lewis Dillman, President 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. Forward-Looking Statements Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Words such as "expects", "intends", "plans", "may", "could", "should", "anticipates", "likely", "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management, including, but not limited to, the Company's belief that Sun Cal Energy Inc. can identify and successfully negotiate leases for oil and gas properties in California and Oklahoma, and that the Company can participate in the exploration of those properties. Actual results may differ materially from those currently anticipated due to a number of factors beyond the reasonable control of the Company. Additional information on risks and other factors that may affect the business and financial results of the Company can be found in filings of the Company with the U.S. Securities and Exchange Commission. |
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