Bluegrass Energy Appoints New President and CEO

Blugrass Energy has appointed John Kenney Berscht as new President and CEO. Mr Berscht has had an extensive career in investment banking and finance in the resource field. He has worked worldwide with investors in Europe and Asia as well as North America. In the past five years he worked as vice president of International Enerplus, one of Canada's leading income trusts, managing their offshore branch in Europe. He was the President of Odyssey Management in the Cayman Islands and is a registered Mutual fund administrator in the Cayman Islands. In this position he managed an oil and gas fund for Middle East investors.

Berscht recently became interim president of a major silver mining company and assisted in raising over 50 million for their operations. He has been sought after as both a director and senior officer in both mining and oil and gas companies in Canada, the United States and Ireland.

Berscht graduated with a degree in Honors Business Administration from the University of Western Ontario. In his years in the investment business he has been qualified with the IDA in Canada as an investment advisor and in the United States as a General Principal with the NYSE. He is a member of the SME and in Europe as an IFA.