Hudson Oil Corporation Ltd.
Hudson Oil Corporation Ltd.: Hudson Appoints New Chief Operating Officer
Hudson Oil Corporation Ltd. / Key word(s): Change of Personnel / Hudson Appoints New Chief Operating Officer December 14, 2011 (Toronto) – Hudson Oil Corporation Ltd. (H8D: FSE) today announced the appointment of downstream and upstream energy sector veteran, Mr. Piotr Gliniak, as the company’s Chief Operating Officer (COO). ‘Mr. Gliniak brings a wealth of industry experience, both in Eastern Europe and internationally, to Hudson,’ said Paul McIvor, President and Chief Executive Officer. Mr. Gliniak has global oil and gas experience, having performed exploration work around the world, including Russia, Kazakhstan, Ukraine, Norway, Spain, Libya, Yemen, Egypt, Algeria, Syria, Pakistan, India and Bangladesh. He has worked with international energy companies such as Texaco, Encana, Shell, AMOCO, CONOCO and Statoil. Previously he served as Director of Exploration and Production at PGniG SA, the largest oil and gas exploration and production company in Poland. Mr. Gliniak is concurrently President of Efir Energy Ltd., a Warsaw-based energy consulting and services firm. He holds a master’s degree from Jagiellonian University (Krakow, Poland) and did post-graduate studies in drilling engineering and management. About Hudson Hudson is a Canadian company focused on the acquisition of under-valued energy assets and the execution of business strategies to maximize their value. Efforts are presently directed at downstream energy opportunities in Eastern Europe. Currently, the Company’s principal asset is the Glimar refinery complex in southern Poland, which is equipped with unique and industry-leading technology. Forward-looking statements: Some of the statements contained in this release are forward-looking statements, such as statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect the Company’s current judgment regarding the direction of the Company’s business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggestions herein. Except as required by applicable law, Hudson Oil Corporation Ltd. does not intend to update any forward-looking statements to conform these statements to actual results. -30- For more information, please visit: www.hudsonoil.ca For investor and media enquiries, please contact: Paul McIvor End of Corporate News 15.12.2011 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
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