Duma Hydrocarb Adds Third Independent Board Member
New Board Member Fulfills Exchange Listing Requirements
HOUSTON -- January 23, 2014
Duma Hydrocarb Energy Corporation (OTCQB:DUMA) has announced the appointment
of G. M. Byrd Larberg as an independent director to the Board of Directors. He
will serve as the Chairman of the Compensation Committee, bringing the total
number of independent directors to three on the 5-person board which fulfills
for an up listing to an exchange.
Mr. Larberg is a geologist and oil company executive with over 30 years of
experience in domestic and international oil and gas exploration and
development. Mr. Larberg began his career with Shell Oil Company working the
Deepwater Gulf of Mexico. In 1993 he was named Vice President of E&P for
Pecten International, later becoming Business Development Manager for Royal
Dutch Shell’s Worldwide Deepwater effort. He joined Burlington in 1998 as
Executive VP and CEO of Burlington Resources International; was President of
Burlington subsidiaries in China, Peru, Ecuador, and Algeria; and retired as
Vice President of Geosciences from Burlington Resources in 2006 following the
company’s acquisition by ConocoPhillips. Mr. Larberg has consulted with a
number of E&P Companies including Maersk and ONGC. He is currently under
contract to PEMEX.
Kent Watts, Duma Hydrocarb’s Chairman stated, “Mr. Larberg’s expertise in
international E&P is extensive. While at Shell he worked development
exploration opportunities along the whole of Africa’s West Coast and took part
in the early evaluation of the Kudu Gas field in offshore Namibia. His insight
will be instrumental in maximizing value of our Namibia concession and ongoing
opportunities in the African Rift. His longstanding industry relationships
will help guide our international growth strategy and we are honored to have
Mr. Larberg accept a position on our board of directors.”
Mr. Larberg holds a B.S. in Geology from Trinity University and an M.S. in
Geology from Texas A&M University and is a member of AAPG.
About Duma Hydrocarb Energy
Duma Hydrocarb Energy Corporation is a publicly-traded Domestic and
International Energy Exploration and Production Company targeting major
under-explored oil and gas projects in emerging, highly prospective regions of
the world. With exploration concessions in Africa, production in Galveston
Bay, and Oil Field Services in the United Arab Emirates, we maintain offices
in Houston, Texas, Abu Dhabi, UAE and Windhoek, Namibia.
For further information: www.duma.com and www.hydrocarb.com.
This release contains "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995. Forward-looking statements,
which contain words such as "expect," "believe" or "plan," by their nature
address matters that are, to different degrees, uncertain. These uncertainties
may cause actual future events to be materially different than those expressed
in our forward-looking statements. We do not undertake to update our
Duma Hydrocarb Energy Corp.
Pasquale Scaturro, CEO, 1-281-408-4880
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