Capital City Energy Group Appoints Accomplished Energy Executive Lee Alan Robinson to its Board of Directors
Capital City Energy Group, Inc. (OTCBB:CETG) announced today that it has appointed accomplished energy executive Lee Alan Robinson as an independent member of its Board of Directors. Mr. Robinson has more than 25 years of experience in senior operations positions for diversified energy companies. Most recently, he has served as a consultant to the oil and gas industry.
>From 2003 to 2005, Mr. Robinson served as the Director of Land Operations for Columbia Natural Resources, LLC. ("CNR"), a subsidiary of Columbia Energy Group, where he was responsible for the acquisition of land rights and associated activities, which were instrumental in the company's growth. CNR was subsequently purchased by Chesapeake Energy Corporation for approximately $3 billion. Previously, he was Director of Land for Triana Energy, an energy resources company, where he held similar responsibilities. Prior to joining Triana, he was Land Manager for CNR.
"I am excited to welcome such an experienced and accomplished executive as Lee," said Capital City Energy Group CEO Timothy Crawford. "Lee was responsible for acquiring many of the properties that were instrumental in building many of the energy companies he has been associated with, and we look forward to utilizing his uncanny ability to advise us on acquisitions of oil and gas parcels."
"I am pleased to join Capital City to assist the Company in its efforts to build a vertically integrated energy company," said Mr. Robinson. "I look forward to supporting Capital City's aggressive land acquisition program and helping the Company build on its early success."
Mr. Robinson also held a senior operations position for Columbia Gas Transmission Corporation, where he was Manager, Facility Sales and was a field engineer for Dowell Schlumberger, Inc., Conoco, Inc. and Tenneco, Inc. He was awarded a B.S.P.E. Degree in Petroleum Engineering from Marietta College in Ohio and is a member of the Society of Petroleum Engineers and the American Association of Professional Landmen among other industry organizations.
About Capital City Energy Group, Inc.
Based in Columbus, Ohio, Capital City is a diversified oil and natural gas company with three separate divisions. Capital City is evolving from being an innovative leader in the design, management and sponsorship of retail and institutional direct participation energy programs to become one of the few vertically integrated independent oil & natural gas companies. Their strategy is to continue to grow a portfolio of core areas which provide growth opportunities through grass-roots drilling, operating, service companies, acquisitions and fund management.
"Investing in America's Energy Future"
Visit Capital City Energy Group at www.capcityenergy.com.
Safe Harbor Statement
Investors and readers are cautioned that certain statements contained in this document, as well as some statements in periodic press releases and some oral statements of our officers and directors during presentations about our energy funds, along with Capital City Energy Group's filings with the Securities and Exchange Commission, including the Company's registration statements, quarterly reports on Form 10-Q and annual report on Form 10-KSB, are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements that are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "expects," "anticipates," "intends," "plans," "could," "might," "believes," "seeks," "estimates" or similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and
possible future actions, which may be provided by the Company's management, are also forward-looking statements as defined by the Act. Forward-looking statements are based on current expectations and projections about future events and are subject to various risks, uncertainties and assumptions about Capital City Energy Group, its technology, economic and market factors and the industries in which the Company does business, among other things. These statements are not guarantees of future performance and Capital City Energy Group, Inc. undertakes no specific obligation or intention to update these statements after the date of this release
CEOcast, Inc. for Capital City Energy Group, Inc.
Daniel Schustack, 212-732-4300
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Received on Fri May 09 2008 - 00:46:40 EDT
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