BOWLING GREEN, Ky., Sept. 16, 2011 /PRNewswire/ -- Today Steve Stengell introduced the Company's most recent addition to Encore's executive management team.
William "Bill" Champion has officially been named the Vice President of Business Development for Encore Energy, Inc.
Mr. Champion has over 17 years of experience developing and marketing projects in the oil and gas industry through industry partnerships and NASD broker-dealers. Mr. Champion was Vice President of a privately held oil and natural gas exploration company for nearly 12 years between 1995 and 2007. Prior to working in the exploration industry, he worked for ten years with a Fortune 500 chemical manufacturing company that supplied specialty chemicals directly to the oil and gas industry as well as the coal mining industry.
Bill's primary responsibility at Encore is to ensure a direct channel of communication from the field operations to industry participants, partners and investors. He also serves in a role of public relations by attending and presenting at many industry functions, conferences and seminars.
Mr. Champion attended Western Kentucky University and has previously held NASD Series 63 and 22 licenses.
Mr. Champion resides in Bowling Green, Kentucky and is married with three children.
"We are delighted to have Mr. Champion as an integral part of our team and look forward to working with him in the continued execution of Encore's business plan," said Steve Stengell, Encore's President and Chief Executive Officer.
Encore is a proud member of the IPAA Independent Petroleum Association of America, Society of Petroleum Engineers, NFIB National Federation of Independent Businesses and Bowling Green Chamber of Commerce.
About Encore Energy:
The Company's key experience is the utilization of the latest technological advancements related to horizontal drilling operations. Encore is currently working with industry participants and other independent producers to develop certain Texas oil properties.
This release contains forward looking information and certain goals and/or timelines may or may not be achieved by the Company. There exist tremendous risk and uncertainty associated with oil and natural gas exploration and development. Horizontal drilling increases the mechanical risks of operations. No assurances can be made as to the future production rates, reserves, etc. for any given project. It is impossible to accurately forecast oil and/or natural gas production rates, reserves, prices, lease operating expenses, etc. Production estimates may be reported in natural gas equivalent. Natural gas equivalent is defined as the gross production volumes of natural gas, natural gas liquids and condensate combined and reported as one commodity as predicated by the current spot price of natural gas. No assurances can be made that the company will raise the necessary level of funding and/or achieve results from future operations to make the proposed future operations herein profitable. There may be additional risks associated with the Company's operations not known at this time such as project cost overruns, environmental risks etc. This is not an offer to sell a security nor is it an offer to buy a security.
SOURCE Encore Energy, Inc.