Enfield Appoints New CEO and Engages Oil and Gas Consultant

FSC / Press Release 
Enfield Appoints New CEO and Engages Oil and Gas Consultant 
Vancouver, British Columbia CANADA, April 08, 2014 /FSC/ - Enfield Exploration
Corp.(the "Company" or "Enfield") (CSE:EXP) wishes to announce Daniel Castillo
has been appointed as President, Chief Executive Officer and a director of the
Company. 
Mr. Castillo brings 25 years of experience in the oil and gas, nuclear power,
and high technology industries of Latin America.  Mr. Castillo's experience
includes developing and managing private- and public-sector business projects
all over Latin America.  He has managed large projects for companies including
YPF, Usinas Y Transmisiones Electricas (Uruguay), Pan American Energy, ENAP,
Exxon, Petrobras, Total, Brias, Pecom Energia, Dow Chemical, NASA, Nucleo
Electrica Argentina SA and Gas Natural, with full responsibility for operations,
safety, engineering, purchasing and finance. Active in many industry
associations, Mr. Castillo graduated from the renowned Instituto Balseiro in
Bariloche, Argentina, with a degree in Nuclear Engineering. Mr. Castillo has
been involved in the construction, commissioning, and operation of nuclear power
stations designed by Atomic Energy of Canada (AECL) for the Argentine National
Atomic Energy Commission (CNEA).  Mr. Castillo is also co-founder of COTESA, an
oil and gas service provider.  Based in Argentina and operations all over Latin
America, COTESA implemented and integrated different type of services and
operations for oil and gas companies such as YPF SA, the largest integrated oil
company in Argentina.  COTESA was responsible for commissioning and automating
the NPF, SPF, Shushufindi, and Lago Agrio oilfields and blending pumping
facilities in the Ecuadorian Amazonas. All this accumulated experience makes Mr.
Castillo a very valuable addition to the Enfield team.  Mr. Castillo replaces
John Bevilacqua who resigned April 8, 2014.  The Company wishes to thank Mr.
Bevilacqua for his contribution to the Company. 
Further, Enfield wishes to announce it has entered into a consulting agreement
with Gallop LLC ("Gallop") for an initial one-year term, subject to automatic
renewal, whereby Gallop will use its best efforts to introduce the Company to
parties from which the Company may acquire Argentine oil and gas interests
("Interests") for compensation of a 5% finder's fee payable in cash within 5
business days of the closing of each transaction by which Interests are acquired
by the Company from parties introduced by Gallop. 
Finally, Enfield wishes to announce that Gallop has acquired 4,000,000 common
shares of the Company (representing 12.5% of the issued and outstanding share
capital) by way of private share transfer from John Bevilacqua, our former CEO,
at a price of $0.00125 per share for an aggregate purchase price of $5,000.   By
a stock restriction agreement with the Company, Gallop has agreed that it will
not transfer or otherwise dispose of its 4,000,000 shares except that such
restriction will not apply to proportions of the shares vesting as follows: 
-***- 
----------------------------------------------------------------------------
Vesting Date                              Proportion of Vested Shares
----------------------------------------------------------------------------
October 8, 2015                           1/4 of the Shares
----------------------------------------------------------------------------
November 27, 2015                         1/3 of the remainder of the Shares
----------------------------------------------------------------------------
May 27, 2016                              1/2 of the remainder of the Shares
----------------------------------------------------------------------------
November 27, 2016                         The remainder of the Shares
---------------------------------------------------------------------------- 
-****- 
and provided however that such restrictions will not apply to: 
a) a transfer of the shares to any employee, senior officer, director or
consultant of the Company; 
b) a transfer of the shares to the Company pursuant to a redemption initiated by
the Company; and 
c) a transfer of the shares made as a distribution solely to members, partners
or shareholders of Gallop; 
so long as such transferee agrees to the same transfer restrictions. 
About Enfield 
Enfield Exploration Corp. is engaged in the acquisition, exploration and
development of mineral and oil and gas resources.  Enfield has the right to
acquire mineral interests covering approximately 486 hectares in central Yukon
Territory, and is currently evaluating oil and gas opportunities in Alberta and
in Argentina. 
Further information about the Company is available under its profile on the
SEDAR website www.sedar.com and the CSE website www.thecse.com. 
For further information, please contact: 
Justin Blanchet
Chief Financial Officer
Enfield Exploration Corp.
Telephone:  604.787.8875
Email:  jblanchet@redfernconsulting.ca 
The CSE has not reviewed, approved or disapproved the content of this press
release. 
Forward-Looking Information: 
This press release may include forward-looking information within the meaning of
Canadian securities legislation, concerning the business of the Company. 
Forward-looking information is based on certain key expectations and assumptions
made by management, including future plans for the exploration and development
of the mineral properties of the Company.  Although the Company believes that
the expectations and assumptions on which such forward-looking information is
based are reasonable, investors should not unduly rely on the forward-looking
information because the Company cannot assure that they will prove to be
correct. Forward-looking statements contained in this press release are made as
of the date of this press release. The Company disclaims any intent or
obligation to update publicly any forward-looking information, whether as a
result of new information, future events or results or otherwise, other than as
required by applicable securities laws. 
To view the press release as a PDF, please click on the following link:
public://news_release_pdf/enfield04082014.pdf 
Source: Enfield Exploration Corp. (CNSX: EXP)
http://cnsx.ca/CNSX/Securities/Mining/Enfield-Exploration-Corp.aspx
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-0- Apr/08/2014 22:15 GMT
 
 
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