Leed Petroleum announced that two new employees have joined the Company's Management Team.
Timothy C. Woods has been named Leed Petroleum's Chief Financial Officer. Mr. Woods joined the Company on 23 March 2009, and brings with him over 30 years experience in the oil and gas industry. Prior to joining the Company, Mr. Woods contributed for 25 years to the success of Taylor Energy Company, a significant Gulf of Mexico producer, spending 19 years as Chief Financial Officer. Timothy also held the positions of Controller and Financial Manager during his time with the Company. Before joining Taylor Energy, Mr. Woods was employed for 5 years in various operations, sales, and planning positions in the Gulf Coast region for the Western Company of North America, an oil field service company. Mr. Woods, a Certified Public Accountant licensed in Louisiana, holds a Bachelor of Business Administration degree from Texas A&M University with a finance concentration and a Master of Science degree in Accounting - Taxation Option from the University of New Orleans.
Irion Bordelon, Jr. joined Leed on March 2, 2009 as Exploration Manager. Mr. Bordelon earned his Bachelor and Masters degrees in geology from the University of New Orleans in 1981 and 1988, respectively. Mr. Bordelon has spent his career as an exploration geologist working, offshore Gulf of Mexico, onshore Louisiana and Mississippi, and offshore Nigeria, for Mobil Oil Company, Flores & Rucks, Dominion Exploration & Development Company, as well as several other independent exploration and development companies. He was also the Chief Executive Officer of NorthStar Energy, LLC, a privately owned exploration company focused on the Gulf of Mexico region.
Howard Wilson, President and Chief Executive of Leed Petroleum PLC, commented, "We are very pleased and excited to add Tim and Irion to our management team. These gentlemen have been very successful in their respective disciplines and will be key players in the continuing growth of Leed. They each bring a wealth of industry experience to our company with special knowledge relating to exploration and production in our focus area-the Gulf Coast region."
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