Black Stallion Oil & Gas Appoints 45-Year Industry Veteran as VP Exploration and Two Geologists to Advisory Board
LOS ANGELES, Aug. 24, 2015 (GLOBE NEWSWIRE) — Black Stallion Oil & Gas, Inc. (OTCBB:BLKG) (herein after “Black Stallion”, “we”, “our” and/or “the Company”) is pleased to announce the appointment of Geologist Michael L. Pinnell, who began his career with Exxon 45 years ago, to the Company’s Team as VP Exploration. The Company also announces the appointment of Geologists Irving J. Prentice and Case Lewis to Black Stallion’s Advisory Board.
Black Stallion’s CEO, George Drazenovic, commented: “We welcome Mr. Pinnell, Mr. Prentice and Mr. Lewis to the Black Stallion team. Together, they represent over 90 years of industry experience that we will draw on extensively as we move forward with our development plans for the sizeable Woodrow Prospect in the Alberta Basin Bakken.”
The professional backgrounds of the new Black Stallion team members are provided below.
MICHAEL L. PINNELL – VP EXPLORATION
Michael Pinnell represents over 45 years experience as a Geologist, with an extensive background as a well site geologist and consultant providing acreage and prospect evaluation. As a presenter of 20+ major papers on oil and gas exploration at AAPG, geological societies, universities and other geologic venues, his focus has been on a multidisciplinary approach to identifying large commercial reserves in new oil and gas exploration provinces.
Michael started his career in 1970 as a Geologist and Geophysicist with Exxon, during which time he mapped the Anadarko basin and participated in oil and gas exploration in Permian basins of West Texas and all Rocky Mountain Basins.
Subsequent Exploration Manager positions included an 18-year tenure with Pioneer Oil and Gas, where Michael helped put together over half a million acres in a Utah Thrust belt play, and acquired 75,000 acres in the Uinta Basin.
During that time, Michael also prepared several Wyoming wildcat prospects, drilling one successfully; drilled numerous Nevada wildcat wells; and created a geologic conceptual model for the acquisition of Wyoming leases and participation in 50+ wells drilled to produce coal bed methane, and oil via horizontal drilling.
Michael’s other work as a Geologist, Geophysicist and geologic consultant included an oil and gas discovery in the Dakota Formation, Wyoming; drilling 9 successful gas wells in the Uinta Basin; supervising the acquisition of and providing geologic analysis of 1,000,000 leased acres in the western US; and performing extensive surface based magnetic data acquisition and interpretation for exploration in Colorado, New Mexico and Nevada basins.
Michael holds a B.S. and M.S. Geology from Brigham Young University, and is a member of the American Association of Petroleum Geologists.
IRVING J. PRENTICE – ADVISOR
Irving Prentice is a seasoned geologist and proven finder, generator and manager, with experience in every aspect of the exploration business, including drilling over 100 wells with a success ratio of 84% on close-in prospects without 3-D, and a 100% success ratio with 3-D.
Irving’s career began over 40 years ago as an Exploration and Development Geologist with Texaco in the upper Gulf Coast exploration district, where he generated successful prospects in the Sligo and Hosston formations.
During his tenure as VP Exploration for HUBCO Exploration, Inc., Irving generated and evaluated prospects in Louisiana and Texas, promoted them to industry partners, and oversaw the company’s exploration team. He also evaluated production purchases, handled production sales, and managed all aspects of directing operations.
While with HUBCO, Irving was responsible for the discoveries at S.E. Saturday Island, Horseshoe Bayou, Metcalf Field (North Louisiana), Lake Fortuna Extension, Christmas Day Field (Texas), S. Big Caesar (Texas), and West Saturday Island.
Irving holds a B.S. Geology from Tulane University, and is currently a member of the American Association of Petroleum Geologists, and SIPES.
CASE LEWIS, P. GEO – ADVISOR
Case Lewis is a Registered Professional Geologist and Qualified Person, representing nearly a decade of diverse experience in the Oil and Gas and mining industries, while spanning grassroots to large-scale exploration projects across 3 continents.
His career began in Calgary, Canada, at Advantage Oil & Gas, where he participated in the development of oil and gas exploration plays within Alberta and Saskatchewan. In addition to utilizing seismic techniques to define the stratigraphic setting and geometry of reservoirs and to evaluate potential targets, his responsibilities also included analyzing open hole well logs and writing geological reports.
As an advisor to Black Stallion, Case brings his more recent experience as a consulting geologist to the table: from field exploration to reporting, 3D deposit modeling, corporate GIS database engineering, project management, NI 43-101 compliance, analyzing data and information, and preparing presentations, expert analyses and recommendations.
Case graduated from the University of Alberta with a BSc in Geology, and is currently a registered Professional Geoscientist in good standing with the Association of Professional Geoscientists of Ontario and the Ordre des Geologues du Quebec.
FOR ADDITIONAL INFORMATION
Read more about Black Stallion’s team, and additional information about the Company and its latest press releases at the official Black Stallion website at http://www.blackstallionoil.com.
ABOUT BLACK STALLION OIL & GAS
Black Stallion Oil & Gas, Inc. (OTCBB:BLKG) is a publicly traded, Los Angeles, CA based energy exploration company focused on developing America’s abundant shale oil and gas resources. Black Stallion is currently focused on the emerging Alberta Basin Bakken in northwest Montana.* Black Stallion has secured the right to acquire 50% ownership in the large 12,233-acre Woodrow Prospect in Teton county, northwest Montana, within the Alberta Basin Bakken fairway.
This press release may include certain statements that are forward-looking in nature and that involve a number of uncertainties and risks. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements in this press release are based on Black Stallion’s current projections and expectations in regard to future events, which are based on currently available information. The forward-looking statements in this press release may also include statements relating to Black Stallion’s anticipated business prospects, strategies, new developments, financial performance and similar matters. Black Stallion disclaims any obligation to update any of its forward-looking statements, except as may be required by law.
Cautionary Note to U.S. Investors: The United States Securities and Exchange Commission permits US companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We may use certain terms in this press release, such as “measured,” “indicated,” and “inferred resources,” which the SEC guidelines prohibit US registered companies from including in their filings with the SEC. US investors are urged to consider closely the disclosure in our Form 10-K which may be secured from us, or from our website at http://www.blackstallionoil.com.
CONTACT: ON BEHALF OF THE BOARD OF DIRECTORS,
Black Stallion Oil & Gas, Inc.
George Drazenovic, CEO
633 W. 5th Street
26th Floor
Los Angeles, CA
90071
USA
INVESTOR RELATIONS:
Phone: 713-338-2933
E-mail: [email protected]
OTCBB: BLKG