Initially composed of two prominent oil and gas professionals and business leaders, the Advisory Body will assist the Company's executives on a wide variety of areas, including the expansion of the business, financial and technical issues. They will also provide guidance and support for decision-making and strategy formulation.
"We are pleased with John's and Mike's acceptance to join our Advisory Body. They are among the most distinguished leaders in the industry and we are thrilled to have direct access to their expertise. I am sure that their knowledge and experience will be a valuable resource for Century as we continue to expand our operations," said James Hersch, CEO of Century Petroleum Corp.
Century Petroleum Corp's Advisory Body Members:
John N. Seitz - Strategy and Finance Advisor
Mr. Seitz has over 30 years of experience in the industry covering a wide range of positions. He spent most of his career in various executive and management roles at Anadarko Petroleum Corporation (NYSE), rising to the position of CEO, COO and President. Mr. Seitz is currently vice chairman of the board of directors of Endeavour International Corp. (AMEX), an independent oil and gas exploration and production company with operations in the North Sea. He is also director of Input/Output Inc. and Elk Resources, Inc.
In 2000, the Houston Geological Society honored him as a "Legend in Wildcatting." Mr. Seitz began his career as a petroleum geologist with Amoco Production Company. He is a Certified Professional Geological Scientist from the American Institute of Professional Geologists and a licensed professional geoscientist with the State of Texas. He serves as a trustee for the American Geological Institute Foundation.
Michael Cochran - Technical Advisor
Mr. Cochran is a highly qualified and results-driven exploration and production executive with wide ranging experience in seismic analysis, geologic/geophysical exploration and development, research, risk management, hedging, and portfolio administration. Mr. Cochran has over 39 years of experience in the energy exploration business. He is proficient in both geology and geophysics; and he has been involved in discovering giant oil and gas fields around the world. He has worked in: North Africa, West Africa, North Sea, Indonesia, Alaska, Middle East, China, Gulf of Mexico, Onshore USA and Canada.
Until 2006 he was Executive VP of Exploration for Endeavour International Corp. He spent 13 years at Anadarko Petroleum Corporation, covering different positions: Senior VP of Strategy and Planning, VP of Worldwide Exploration, Chief Geophysicist, among others. Mr. Cochran started his career at the Gulf Oil Company. He holds a PhD in Geophysics from Rice University (TX), an MS in Geology from Bowling Green State University (OH) and a BS in Geology from Tulane University (LA).
Century Petroleum Corporation is a publicly traded junior oil and gas exploration company currently focused on making significant commercial petroleum discoveries in the Southern States.
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