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Sonoran Energy Names Former Amerada Hess Executive as Chief Operating Officer; Peter Ostenfeld-Rosenthal Joins Management Team
LONDON, ENGLAND, Jan 12, 2004 (CCNMatthews via COMTEX) -- Sonoran Energy, Inc.
(OTCBB: SNRN) announced today that it has appointed Peter Ostenfeld-Rosenthal to
be chief operating officer of the Company.
Paul Bristol, the chairman and CEO of Sonoran Energy, said, "For Sonoran Energy
to realize its potential within the near term, it was imperative to add depth to
our management team. We are delighted to have Peter on board and to have greatly
enhanced our ability to pursue oil and gas opportunities in the Middle East. We
are completely focused on moving forward with a property acquisition program in
Iraq, and now with a seasoned petroleum industry manager such as Peter on our
team we are better able to manage our expansion into the Region."
Mr. Ostenfeld-Rosenthal, 41, a civil engineer, was most recently General Manager
- Aberdeen Operations for Amerada Hess Corporation (NYSE:AHC), a global
integrated energy company engaged in the exploration for and the production,
purchase, transportation and sale of crude oil and natural gas, as well as the
production and sale of refined petroleum products. Mr. Ostenfeld-Rosenthal was
previously employed by Elf Petroleum Norge from 1993 to 1997, serving as
Specialist Engineer, Project Manager and Implementation Superintendent. Prior to
joining Elf Petroleum Norge he worked as a consulting engineer assisting with
the development of new concepts for floating Oil & Gas facilities, developing
technical and commercial proposals for clients such as Chevron, Mobil and Shell,
and project management of various projects, mainly within structural reliability
and risk analysis (both technical and financial).
About Sonoran Energy
Sonoran Energy's primary objective is to build itself into a major oil and gas
corporation concentrating mainly in Iraq, but with a background of developing
oil properties in North America.
This news release contains forward-looking statements that are subject to
certain risks and uncertainties that may cause actual results to differ
materially from those projected on the basis of such forward-looking statements.
Such forward-looking statements are made based upon management's beliefs, as
well as assumptions made by, and information currently available to, management
pursuant to the "safe-harbor" provisions of the Private Securities Litigation
Reform Act of 1995.
CONTACT: Sonoran Energy, Inc.
Paul Bristol
President & CEO
+44 (0) 20 7582 6222 or North America: 866-599-7676
Website:
www.sonoranenergy.com