Published:
Sky Petroleum Announces Executive Appointments
Sky Petroleum, Inc. (OTC BB: SKPI), an oil and
gas exploration and development company, announces the appointment of Jim
R. Screaton as vice president, finance and chief financial officer, and
Michael D. Noonan as vice president corporate, effective immediately.
"We are very excited to have Jim and Michael join the company and be vital
members of the leadership team of our organization," said Don Cameron,
chief executive officer of Sky Petroleum. "We believe their solid industry
experience and strong strategic capabilities will be great assets to our
team as we continue to drive towards future success."
Screaton brings over 20 years of oil and gas experience to the company most
recently as vice president, finance and chief financial officer of Sentra
Resources Corporation, a Toronto Stock Exchange listed company. Prior
experience included Screaton holding senior financial positions with
several private and public oil and gas companies in Calgary, including
Numac Energy Inc., a public company with operations in Canada and Africa.
He was also with Ernst & Young Chartered Accountants for over 10 years, and
has his Chartered Accountant certification. Jim is on the Board of
Directors of the Small Explorers & Producers Association of Canada (SEPAC)
and serves as co-chairman of both the Finance Committee and the Securities
Compliance Committee. Jim obtained a Bachelor of Commerce (Honors) from
Queen's University in Ontario, Canada.
Noonan has more than 15 years of investor relations, corporate finance and
corporate governance experience. Prior to joining Sky Petroleum, Noonan
served in senior positions at Integrated Electrical Services, a $1.4
billion electrical services company and Sterling Chemicals, a $1 billion
manufacturer of commodity chemicals. Michael received an MBA from
Athabasca University in Alberta, Canada, and a BBA from Simon Fraser
University in British Columbia, Canada.
About Sky Petroleum
Sky Petroleum (OTC BB: SKPI) is an oil and gas exploration and development
company. Sky Petroleum's primary focus is to seek opportunities where
discoveries can be appraised rapidly, and developments can be advanced
either by accessing existing infrastructure, or by applying the extensive
experience of established joint-venture partners. In addition, the company
also plans some higher risk, higher reward exploration prospects. For
additional information please visit www.skypetroleum.com
Safe Harbor
Except for historical information, the matters set forth herein, which are
forward-looking statements, involve certain risks and uncertainties that
could cause actual results to differ. Potential risks and uncertainties
include, but are not limited to, Sky Petroleum's ability to raise
additional capital to fund its commitments under the Participation
Agreement, the success of the proposed infill drilling programs, Sky
Petroleum's ability to access opportunities, the contemplated continued
production at the Mubarek field, the competitive environment within the oil
and gas industry, the extent and cost effectiveness with which Sky
Petroleum is able to implement exploration and development programs in the
oil and gas industry, obtaining drilling equipment on a timely fashion,
commodity price risk, and the market acceptance and successful technical
and economic implementation of Sky Petroleum's intended plan.
Distributed by Market Wire
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Tags: ,Energy and Utilities:OilandGas, ,TX,AUSTIN, TX
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