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TENG Direxion Daily 5g Communications Bull 2x Shares

14.25
0.00 (0.00%)
15 Oct 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Direxion Daily 5g Communications Bull 2x Shares AMEX:TENG AMEX Exchange Traded Fund
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 14.25 0 01:00:00

Trans Energy, Inc. Board of Directors Appoints New CEO & VP

09/03/2005 9:58pm

PR Newswire (US)


Direxion Daily 5g Commun... (AMEX:TENG)
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Trans Energy, Inc. Board of Directors Appoints New CEO & VP ST. MARYS, W.Va., March 9 /PRNewswire-FirstCall/ -- Trans Energy, Inc. (OTC:TENG) (BULLETIN BOARD: TENG) announces it has appointed Clarence E. Smith as CEO and John G. Corp as Vice President and a new member to the Board of Directors. Mr. Smith has been involved in the oil and gas business his entire working career. He has drilled and operated wells, manages and operates Arvilla Pipeline, Inc. He is currently President of Arvilla Oilfield Services a wholly owned subsidiary of Trans Energy, Inc. Mr. Corp has twenty-five years of experience in drilling, production, and oilfield service operations in the Appalachian Basin. He graduated from Marietta College with a BS in Petroleum Engineering. He is a member of the Society of Petroleum Engineers and the Ohio Oil and Gas Association. He is Chairman of the technical advisory committee for the Ohio Department of Natural Resources. Prior to joining Trans Energy, Inc., Mr. Corp held various management positions with Belden & Blake Corporation. Both Mr. Smith and Mr. Corp bring a wealth of knowledge and experience in the oil and gas industry to the company. They will assume their positions immediately. Trans Energy's new web site http://www.transenergy.com/ is on line to keep the public appraised as to the activities and projects regarding Trans Energy, Inc., as the company moves forward. Trans Energy, Inc., an aggressive growth energy company, (TENG) specializes in the exploration, completion, drilling, and production of oil and natural gas in the Appalachian and Powder River basin. Further, TENG is actively involved in the transmission, transportation and sales of oil and natural gas. This press release contains forward-looking information that may be affected by certain risks and uncertainties described in the company's filings with the Securities and Exchange Commission. The company's actual results could differ materially from such forward-looking statement. DATASOURCE: Trans Energy, Inc. CONTACT: Loren E. Bagley of Trans Energy, Inc., +1-304-684-7053 Web site: http://www.transenergy.com/

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