Monarch Gulf Exploration (CE) (USOTC:MGFX)
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Monarch Gulf Exploration, Inc., (Pink Sheets:MGFX) today announced it
has appointed two new members to its Board.
Chet Pohle, a Petroleum Geophysicist, has accepted the invitation to sit
on the board of Monarch Gulf Exploration. Mr. Pohle has over thirty
years of experience in the technical development and evaluation of
exploration and production hydrocarbon prospects including acquisition,
processing, and interpretation of seismic data integrated with geologic
data. He also has over 10 years experience in the technical supervision
of staff in the development of hydrocarbon prospects. Mr. Pohle has
extensive experience in geologic provinces and productive oil and gas
basins both domestically and internationally. His international
experience includes Tunisia, Venezuela, Qatar, Canada, Spain, and
Australia to name a few. His domestic experience includes specific
expertise in the Texas and Louisiana Gulf Coast regions as well as the
California San Joaquin Basin. This California expertise will be a
positive contributing factor in moving the company forward with its
current portfolio of prospects. Mr. Pohle is located in Bakersfield,
California and will direct Monarchs interests and activities in the San
Joaquin Basin as well as Monarchs interests and activities in other
strategic projects. Mr. Pohle will also be serving Monarch as a senior
technical advisor.
Ray Henningsen of Fresno, Ca., also joins the Board of Monarch Gulf
Exploration, Inc. Mr. Henningsen has been investing in oil and gas for
many years and he has a comprehensive background in many facets of the
oil and gas business. He founded Casa Blanca Ventures, LLC, a privately
owned Oil and Gas investment company which has invested in numerous oil
and gas prospects. He has a solid understanding of the financial
dynamics and what it takes to be successful in the oil and gas
exploration arena. Mr. Henningsen also brings significant business
acumen and experience to the board of Monarch. He has founded and
operated several integrated real estate companies, and is the owner of
numerous domestic and international real estate properties located
through out the world. He also owns and farms an extensive number of
agricultural properties in central California. He brings a competitive
win spirit to Monarch as he was a three time All American baseball
player for the University of Santa Clara and was the 1st pick in the
professional baseball draft of the Boston Red Sox in 1967. His many
business attributes will be of great value to the future growth of MGFX.
Monarch CEO Bob Jorgensen states that Mr. Pohle and Mr. Henningsen add
significant Oil and Gas expertise with solid and successful business
back grounds, providing Monarch important additional critical mass from
a Management and Board Member perspective.
“Safe Harbor”
Statement under Private Securities Litigation Reform Act of 1995:
Certain statements contained herein constitute “forward-looking
statements” within the meaning of the Private
Securities Litigation Reform Act of 1995. Information contained herein
contains “forward-looking statements”
which can be identified by the use of forward-looking terminology such
as “believe”, “expect”,
“may”, “should”,
“up to”, “approximately”,
“likely”, or “anticipates”
or the negative thereof or given that the future results covered by such
forward looking statements will be achieved. Such forward-looking
statements involve a number of known and unknown risks, uncertainties
and other factors which may cause the actual results, performance or
achievements of the Company to be materially different from any future
results, performance or achievements expressed or implied by such
forward-looking statements.
Monarch Gulf Exploration, Inc., (Pink Sheets:MGFX) today announced
it has appointed two new members to its Board.
Chet Pohle, a Petroleum Geophysicist, has accepted the invitation
to sit on the board of Monarch Gulf Exploration. Mr. Pohle has over
thirty years of experience in the technical development and evaluation
of exploration and production hydrocarbon prospects including
acquisition, processing, and interpretation of seismic data integrated
with geologic data. He also has over 10 years experience in the
technical supervision of staff in the development of hydrocarbon
prospects. Mr. Pohle has extensive experience in geologic provinces
and productive oil and gas basins both domestically and
internationally. His international experience includes Tunisia,
Venezuela, Qatar, Canada, Spain, and Australia to name a few. His
domestic experience includes specific expertise in the Texas and
Louisiana Gulf Coast regions as well as the California San Joaquin
Basin. This California expertise will be a positive contributing
factor in moving the company forward with its current portfolio of
prospects. Mr. Pohle is located in Bakersfield, California and will
direct Monarchs interests and activities in the San Joaquin Basin as
well as Monarchs interests and activities in other strategic projects.
Mr. Pohle will also be serving Monarch as a senior technical advisor.
Ray Henningsen of Fresno, Ca., also joins the Board of Monarch
Gulf Exploration, Inc. Mr. Henningsen has been investing in oil and
gas for many years and he has a comprehensive background in many
facets of the oil and gas business. He founded Casa Blanca Ventures,
LLC, a privately owned Oil and Gas investment company which has
invested in numerous oil and gas prospects. He has a solid
understanding of the financial dynamics and what it takes to be
successful in the oil and gas exploration arena. Mr. Henningsen also
brings significant business acumen and experience to the board of
Monarch. He has founded and operated several integrated real estate
companies, and is the owner of numerous domestic and international
real estate properties located through out the world. He also owns and
farms an extensive number of agricultural properties in central
California. He brings a competitive win spirit to Monarch as he was
a three time All American baseball player for the University of Santa
Clara and was the 1st pick in the professional baseball draft of the
Boston Red Sox in 1967. His many business attributes will be of great
value to the future growth of MGFX.
Monarch CEO Bob Jorgensen states that Mr. Pohle and Mr. Henningsen
add significant Oil and Gas expertise with solid and successful
business back grounds, providing Monarch important additional critical
mass from a Management and Board Member perspective.
"Safe Harbor" Statement under Private Securities Litigation Reform
Act of 1995: Certain statements contained herein constitute
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Information contained herein
contains "forward-looking statements" which can be identified by the
use of forward-looking terminology such as "believe", "expect", "may",
"should", "up to", "approximately", "likely", or "anticipates" or the
negative thereof or given that the future results covered by such
forward looking statements will be achieved. Such forward-looking
statements involve a number of known and unknown risks, uncertainties
and other factors which may cause the actual results, performance or
achievements of the Company to be materially different from any future
results, performance or achievements expressed or implied by such
forward-looking statements.