John S. Munroe Joins EnergyNet as Vice President of Government Relations and Engineering

AMARILLO, Texas, May 12, 2011 /PRNewswire/ -- EnergyNet, Inc. (http://www.energynet.com), the continuous oil and gas property marketplace is pleased to announce that John S. Munroe has joined the team as Vice President of Governmental Relations and Engineering.

(Logo: http://photos.prnewswire.com/prnh/20110413/DA82174LOGO)

John will facilitate the expansion of Federal and State online lease auctions. John will also work with the EnergyNet Business Development Team providing A&D and Engineering support.

John has had a successful 35 year career with Chevron.  During his tenure with Chevron he worked in a variety of positions of increasing responsibility that included Production, Operations, Reservoir, Technical Services and Acquisition and Divestment experience covering both onshore and offshore properties.

John graduated from the University of Oklahoma with a Bachelor of Science Degree in Mechanical Engineering.

"We are thrilled to have John as a new member of the EnergyNet team," says Bill Britain, President and CEO of EnergyNet, Inc. "He will be a true asset to the company expanding our Engineering capabilities and depth of industry knowledge, garnered from years of A&D experience."

John Munroe added, "I am excited about joining the EnergyNet team.  Having utilized their auction process during my previous A&D experience, I know they are very customer focused, and offer a quality process."

John's contact information is as follows:

John S. Munroe
Vice President
Governmental Relations / Engineering
EnergyNet
202 Travis, #407
Houston, TX 77002
Direct: 713-582-7755
[email protected]

EnergyNet specializes in Auction and Mid-Tier Negotiated sales and is the only continuous oil and gas property marketplace that operates 24/7/365, offering constant liquidity.  Selling properties in their lowest definable strategic unit (single well, lease or field) maximizes value by attracting more bidders.  EnergyNet's real-time marketplace is designed for sellers and buyer, not the convenience of the advisor.  EnergyNet has the pulse of the market. EnergyNet's 24/7/365 sales provide accurate value assessment in a liquid market to track metrics on a consistent and frequent basis, with property sales in every onshore U.S. Basin.  Let us match our capabilities to your requirements.  Call 877.351.4488 or visit our website: www.energynet.com.

INVESTMENTS IN OIL AND GAS PROPERTIES INVOLVE SUBSTANTIAL RISK, INCLUDING POSSIBLE LOSS OF PRINCIPAL. THESE RISKS INCLUDE COMMODITY PRICE FLUCTUATIONS AND UNFORESEEN EVENTS THAT MAY AFFECT OIL AND GAS PROPERTY VALUES.

SOURCE EnergyNet