Zodiac Exploration Inc. Announces Change in Chief Executive Off

 
FSC / Press Release 
Zodiac Exploration Inc. Announces Change in Chief Executive Officer 
Calgary, Alberta CANADA, December 05, 2012 /FSC/ - Zodiac Exploration Inc. (ZEX
- TSX Venture), ("Zodiac" or the "Company") announces that Mr. Murray Rodgers
has resigned as the President and Chief Executive Officer of the Company. The
Board of Directors of the Company has appointed Mr. Peter Haverson, a current
director of Zodiac, as the Interim President and Chief Executive Officer. Mr
Haverson received a degree in Mechanical Engineering from the City University,
London, UK, and has accumulated over 38 years of varied experience in the oil
field, since he started with British Petroleum as a Drilling Engineer in the UK
North Sea. During this time he has been involved in many positions gaining
experience in all aspects of operations from land wells to offshore wells in
both shallow and deep water, comprising relatively simple to more complex HPHT
and critical sour operations, in both benign & harsh environments such as the UK
North Sea, Canadian Grand Banks, Canadian Arctic, North African & Syrian deserts
and offshore Far East. For the last 20 years, he has been employed in
increasingly responsible managerial positions running complex high-cost
operations, country management, managing an international JV company in Egypt,
and latterly as the International & Offshore Drilling Manager for Suncor. During
his career, Mr. Haverson has been employed by British Petroleum, Gulf Canada,
Lundin Oil, Vanguard Resources, Petro-Canada and Suncor. He was previously a
Director of Gallic Energy and Rage Energy and is currently a Director of CYGAM
Energy. 
Mr. Haverson commented: "I look forward to working closely with the Zodiac board
of directors and the management team applying my skill sets as we continue to
build momentum going into 2013. Zodiac has achieved a great position on its
large Californian land and resource base, as evidenced by the recent joint
venture with AERA Energy LLC previously announced by Zodiac. Notwithstanding
reaching this significant agreement, Zodiac is continuing to engage in
negotiations with additional E&P companies in pursuit of additional joint
venture agreements on its other California lands where Zodiac controls
approximately ~86,000 net acres in the prolific San Joaquin Basin. I am really
encouraged by the fact that Zodiac has a solid and uncommitted balance sheet and
is well positioned with a Board of Directors committed to maximizing and
regaining shareholder value and future growth." 
For more information, please contact:
Zodiac Exploration Inc.
Peter Haverson
Interim President & CEO
(403) 444-7896 
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release. 
To view this press release as a web page, click onto the link below:
http://www.usetdas.com/pr/zodiac05122012.htm 
Source: Zodiac Exploration Inc. (ZEX - TSX-V) http://www.zodiacexploration.ca/
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-0- Dec/05/2012 12:30 GMT
 
 
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