Horn Announces Addition to Management Team
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/02/13 -- Horn
Petroleum Corporation ("Horn" or the "Company") (TSX VENTURE:HRN) is
pleased to announce that effective May 1, 2013, Mr. Mark Dingley
joined the Company as Chief Operating Officer. Mr. Dingley has also
been appointed President of Africa Oil Ethiopia B.V., a subsidiary of
Africa Oil Corp. ("Africa Oil"). Africa Oil holds an approximate 45%
equity interest in Horn and provides the management of the business.
Mr. Dingley will be based out of Africa Oil's Addis Ababa office.
Mr. Dingley has 14 years of oil industry experience including 12
years with Talisman Energy Inc. where he served as Vice President,
Middle East Operations as well as General Manager, Peru; Manager,
Corporate Security & Surface Risk; and Manager, Government Affairs &
Deputy General Manager, Sudan. Prior to entering the oil industry
Mark spent 4 years working in the mining industry in various
locations through Africa and he also served in the British Military
for 12 years. His education includes both Bachelors and Masters
degrees in Law from Canterbury, UK and he has also completed an
Executive MBA at Harvard Business School. Mark was born and educated
Mr. Keith Hill, Chairman of Horn, commented, "We are very pleased to
have been able to attract Mark to our organization and his skill set
will be of great benefit to the Company as we move to conduct further
operations in Somalia. Mark has extensive experience and knowledge
throughout Africa which will assist us as we look to expand our
operations in the region."
The Company also announces that it has granted an aggregate of
200,000 incentive stock options to certain officers, directors, and
other eligible persons of the Company. The options are exercisable,
subject to vesting provisions, over a period of three years at a
price of $0.19 per share.
ON BEHALF OF THE BOARD
David Grellman, President and CEO
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.
Horn Petroleum Corporation
(604) 689-4250 (FAX)
Press spacebar to pause and continue. Press esc to stop.