Bayshore Petroleum Corp. ("Bayshore" or the "Corporation") (TSX VENTURE:BSH) is
pleased to announce it has retained Mr. James Matthew Duford, a seasoned
Petroleum Executive with more than 38 years of experience in Canada and the
International Oil and Gas Industry, acting as Technical Advisor for Bayshore. 


Mr. Duford will provide technical and business advice to Bayshore related to
Canada and worldwide Heavy oil asset evaluation, potential for Business
Development and Upgrading Market Expansion. He will also provide leadership on
Exploration, Development, and Enhanced Oil Recovery technology related to Heavy
Oil/ Oil Sand Development worldwide.


"We welcome JM Duford for his vast experience in Petroleum management in the
medium and heavy oil industry. His unifying leadership plus his ability to
identify issues and realize every potential are widely recognized, making him
the right person for this advisory role. JM Duford has already supported
different companies with growth similar to what Bayshore will see in the years
ahead. His expertise will be valuable in developing our company," stated Peter
Ho, President and CEO.


Mr. JM Duford has a MSc of Geology from the University of Calgary and a
Bachelors Degree from Williams in Massachusetts. The 38 years of experience,
includes senior management positions in privately and publicly owned start up
Oil and Gas companies, some of which he was a founder. He has had an excellent
career in the management of Petroleum Exploration and Development where he has
had the opportunity to work in all phases of Petroleum upstream operation and
managed large capital budgets significantly increasing value for the companies.


Mr. Duford's success includes attracting large funds to the start up companies,
guiding the companies various property acquisitions, and the implementation of
new technologies in the oil and gas business.. He has also been in charge of
personnel training and other administrative work. Bayshore is looking forward to
working closely with Mr. JM Duford and seeking his valuable advice.


Cautionary Statements

Statements in this press release may contain forward-looking information
including expectations of future production, operating costs, commodity prices,
administrative costs, commodity price risk management activity, acquisitions and
dispositions, capital spending, access to credit facilities, income taxes,
regulatory changes, and other components of cash flow and earnings. The reader
is cautioned that assumptions used in the preparation of such information may
prove to be incorrect. Events or circumstances may cause actual results to
differ materially from those predicted, a result of numerous known and unknown
risks, uncertainties, and other factors, many of which are beyond the control of
the company. These risks include, but are not limited to, the risks associated
with the mining industry, commodity prices and exchange rate changes. Industry
related risks could include, but are not limited to, operational risks in
exploration, development and production, delays or changes in plans, risks
associated to the uncertainty of reserve estimates, health and safety risks and
the uncertainty of estimates and projections of production, costs and expenses.
The reader is cautioned not to place undue reliance on this forward-looking
information. 


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Bayshore Petroleum Corp.
Peter Ho
President and Chief Executive Officer
(403) 265-8820

Bayshore Petroleum (TSXV:BSH)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024 Bayshore Petroleum 차트를 더 보려면 여기를 클릭.
Bayshore Petroleum (TSXV:BSH)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024 Bayshore Petroleum 차트를 더 보려면 여기를 클릭.