VANCOUVER, British Columbia, June 19, 2018 (GLOBE NEWSWIRE) — Hunter Oil Corp. (TSX-V:HOC) (OTCQX:HOILF) (the “Company” or “Hunter”) is pleased to announce the appointment of Al H. Denson, P.E. as the Company’s Chief Executive officer, effective immediately, replacing Andrew Hromyk who assumes the new role of Executive Chairman.
Mr. Denson has over forty years of exploration and production experience, beginning his career in 1976 with Amoco Corporation (now BP), where he served in various engineering, operational and management roles both in the USA and internationally over a twenty-year tenure. Mr. Denson has served as a Director and member of the Company’s Operating Committee since 2014.
Mr. Denson has experience with both conventional and unconventional resources and an active member of the Society of Petroleum Engineers. He earned both a BS and MS in Petroleum Engineering from Mississippi State University and is a Registered Professional Engineer in the State of Louisiana.
As CEO, Mr. Denson will be responsible for all of the Company’s operations, while Mr. Hromyk will be responsible for developing and implementing long-term, strategic alternatives for the Company.
About Hunter Oil Corp.
Hunter Oil owns and operates two large, historic oil fields in the Permian Basin of Eastern New Mexico – the Milnesand and Chaveroo fields, Historical production of these two fields is approximately 40 million barrels. The Company plans to unlock the value in these resource-rich fields by leveraging existing infrastructure, lowering operating costs and increasing efficiencies of its operations.