Published:
LeBlanc Brings New Energy to Irwin Energy
On July 24, 2006, Irwin Energy, Inc.
(PINKSHEETS: IWNE) announced the appointment of Gordon Leblanc Jr. as the
company's new Vice Chairman of the Board.
John Gaetz, president of Irwin Energy Inc., stated, "I am very pleased that
Gordon LeBlanc has accepted our invitation to join our team. With his vast
experience in oil and gas, he will undoubtedly help move our company
forward."
"Having been a joint venture partner with Irwin Energy in the past and
present, I look forward to being on their Board of Advisors as we seek to
develop the Holbrook Basin projects. Frontier projects such as the Holbrook
Basin of Arizona do present more risks, but the reward of a major field
discovery more than offsets that risk," said LeBlanc.
LeBlanc, 54, is a third generation member of the oil and gas industry with
more than 30 years of experience as an operator and geological consultant.
Driven to discover new energy production and reserves, LeBlanc founded
LeBlanc Oil (1985) and Tiger Energy (1990) to concentrate on developing oil
and gas prospects in the Holbrook Basin of Arizona, the San Juan Basin of
New Mexico, the Canning Basin of Western Australia and the
Cooper-Eromonga and Surat basins of Queensland, Australia.
LeBlanc oversees a variety of philanthropic endeavors. He is the co-founder
of "Every Kid Counts," a 501-C3 children's charity based in Phoenix, Ariz.
and has actively served for the past ten years as co-chairman of a group
dedicated to fundraising efforts benefiting officers of the Phoenix Police
Department.
LeBlanc majored in petroleum geology at Centenary College of Louisiana.
LeBlanc's family represents three generations of oil and gas operators,
pipeline management, drilling operations and a three-term member of the
Louisiana State Mineral Board.
Gordon LeBlanc is also the operator of the Pinta Dome Field in Arizona. In
June 2006, Irwin Energy acquired a twenty percent working interest in the
Pinta Dome Field. The Pinta Dome Field was discovered in 1956 and has
produced 6.5 billion cubic feet of helium from the Permian Supai at 1,100
feet until abandoned in 1977. Mr. Jason Ashdown, Chief Operating Officer of
Irwin Energy, stated, "Even though historically the Pinta Dome has been a
helium producing field, nearby the Navaho Nation has produced in excess of
18 million barrels of oil."
Bengal Drilling Inc. is providing the rigs for the project. These rigs are
the Spencer Harris 7,000 drilling rigs which are capable of reaching depths
of up to 9,000 feet.
At this moment, the rigs are being refurbished in Louisiana prior to their
shipment to Arizona. The company anticipates drilling to begin somewhere
between two to three weeks.
About Irwin Energy
Irwin Energy, Inc., based in Vancouver, B.C., was founded for the purpose
of engaging in the exploration, acquisition, development and production of
crude oil and natural gas, and related activities. In the oil and gas
arena, Irwin Energy seeks out low-risk opportunities to develop positive
cash flow from proven and probable oil and gas plays. Irwin Energy plans to
grow exclusively through efficient reinvestment of its internally generated
cash flow in exploration and production operations, and through limited
external financing to build ancillary businesses.
Safe Harbour Statement Under the Private Securities Litigation Reform Act
of 1995: Except for historical information contained herein, the matters
discussed in this press release are forward-looking statements that involve
risks and uncertainties, including but not limited to economic,
competitive, governmental and technological factors affecting the company's
operations, markets, products and prices and other factors discussed in the
company's various filings with the Securities and Exchange Commission.
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