Premier Names New CEO & Director

Premier Energy Corp.

Premier Energy has entered into an Employment Agreement with Dr. Anton Prodanovic to become CEO and a Director of Premier, replacing Michael Yuster who remains as Chairman and Director.

Dr. Prodanovic had a 16-year career at Mobil Corporation in many positions including president of PegaStar Neftegaz LLC, Mobil-Texaco-Rosneft Joint Operating Co. in Dallas, Moscow and Sakhalin.

Dr. Prodanovic is looking forward to guiding Premier Energy in its quest to acquire oil and gas properties in both the United States and Europe.