Terra Nova Energy Appoints Mark Jarvis & Lyle Davis as Directors
February 18 2014 - 4:00AM
Access Wire
VANCOUVER - /ACCESSWIRE/ - Feb. 18, 2014 - Terra Nova Energy
Inc. ("Terra Nova" or the "Company") (TSXV: TGC) is pleased to
announce the appointment of Mark Jarvis & Lyle Davis to its
board of directors.
Mark Jarvis has more than 25 years of experience in the
exploration, development & financing of mineral resources, both
in the energy & metals industries. After a career in financing
exploration projects as a stockbroker, Mr. Jarvis joined the Board
of Ultra Petroleum (NYSE: UPL) in 1996 when it was a Junior Oil
& Gas exploration and development company. He was the director
responsible for Corporate Finance during the early stages of
acquisition, exploration and development of Ultra's Pinedale
(Wyoming) acreage. Mr. Jarvis is the CEO
of Shoal Point Energy (CSE: SHP), which is in the exploration stage
company with an eastern Canadian oil in shale prospect. He is also
CEO of Hard Creek Nickel Corp. (TSX: HNC), whose core asset is the
Turnagain nickel sulphide deposit in north-central British
Columbia, Canada.
"I look forward to
working with the Management and Board of Terra Nova Energy," said
Mr. Jarvis. "I think a team is being assembled that is capable of
delivering real value to shareholders, with strength in
exploration, operations and financing."
Lyle Davis, P.Eng., MBA, has extensive experience in the
corporate finance, advisory, and management services of public
companies. He is President & CEO of Condor Resources Inc.
(TSXV: CN), Chairman & Director of Hard Creek Nickel Corp.
(TSX:HNC) and a Director of Lock + Load Retaining Walls Ltd. Mr.
Davis is a member of the Association of Professional Engineers and
Geoscientists of Alberta, holds a Bachelor of Applied Science from
Queen's University and an MBA with a finance major from UBC.
"Terra Nova is pleased to
welcome both Mr. Jarvis & Mr. Davis as Directors" states Nico
Civelli, the Company's Director and VP Finance. "We are very
pleased that both of these individuals have agreed to work with
Terra Nova. Their extensive business and investment knowledge and
expertise will be a tremendous asset to the Company. We all look
forward to the prospects of utilizing our collective knowledge,
expertise and deal flow to advance Terra Nova's developments and to
create value for the stakeholders and the Company."
About Terra
Nova Energy Inc.
Terra Nova Energy Ltd. is a Vancouver based Oil and Gas Company.
The exploration and development company currently holds exploration
prospects in the prolific Cooper Basin in Southern Australia. The
Cooper/Eromanga Basin is the country's largest producing onshore
basin.
If you would like to be added to Terra Nova's news distribution
list, please send your email address to info@terranovaenergyinc.com
or visit our website located at terranovaenergyltd.com
On Behalf of the Board,
Nico Civelli
Nico Civelli, Director & VP Finance
FOR FURTHER INFORMATION PLEASE CONTACT:
Rob McMorran
Chief Financial Officer
T: 604-806-0626 ext. 101
Email: rgm@malaspinaconsultants.com
Or
Nico Civelli
VP Finance
T: +41 44 217 4804
Email: civelli@niconsult.ch
FORWARD LOOKING
INFORMATION
This news release contains forward-looking
information relating to Terra Nova's intentions to conduct the
seismic program and subsequent drilling programs and other
statements that are not historical facts. Such forward-looking
information is subject to important risks and uncertainties that
could cause actual results to differ materially from what is
currently expected, for example: risks related to oil and gas
exploration, development, exploitation, production, marketing and
transportation, loss of markets, volatility of commodity prices,
currency fluctuations, competition from other producers, inability
to retain drilling rigs and other services, reliance on key
personnel, and insurance risks. Findings by other oil and gas
issuers does not necessarily indicate that Terra Nova will be
successful in making such findings in the Cooper Basin, South
Australia. In making such forward-looking statements, Terra Nova
has relied upon certain assumptions relating to geological
settings, commodity prices, the stability of markets and
currencies, the availability of capital, and Terra Nova's ability
to continue with the seismic and drilling programs. You should not
place undue importance on forward-looking information and should
not rely upon this information as of any other date. While Terra
Nova may elect to, Terra Nova is under no obligation and does not
undertake to update this information at any particular time, except
as required by applicable securities law.
Neither the TSX Venture Exchange Inc. nor its Regulation Service
Provider (as that term is defined in the policies of the TSX
Venture Exchange Inc.) accepts responsibility for the adequacy or
accuracy of this press release.
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