Mr. David Russell reports
BRS RESOURCES APPOINTS NEW PRESIDENT AND CEO
Bonanza Resources Corp. has appointed Steven D. Moore as the newly elected president and chief executive officer.
Mr.
Moore has more than 32 years of financial, operational, marketing and communication experience, primarily in the oil and gas industry. Mr. Moore began his career in as field engineer in Ventura, Calif. for Halliburton Co. He has held a number of other positions in the energy industry, including chief financial officer of Saxon Oil Co. and director of communication and strategic planning for Halliburton Co. He holds a BS degree in mechanical engineering and an MBA from Southern Methodist University in Dallas, Tex.
Mr. Moore was instrumental in the acquisition of a membership interest in AleAnna Resources LLC, a company uniquely positioned in Italy with more than 766,000 exploration acres in 11 concessions and a drilling program which is expected to commence in the first half of 2011. Outgoing president and CEO Byron Coulthard will continue to serve as chairman of the board of the company.
"As president and CEO, my goal is to increase shareholder value through a well-executed drilling and seismic program on the unique land position we share with our partners in the Po Valley and Bradano basin onshore Italy," stated Mr. Moore. "By increasing reserves, production and ultimately cash flow and earnings, I look forward to enjoying many years of growth along with the shareholders of Bonanza Resources Corp."
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