Lighthouse Petroleum Welcomes New CEO, Relocates HQ

Lighthouse Petroleum reported that Mr. Glen Kennedy has recently been named the new Chief Executive Officer and Director of Lighthouse Petroleum. Mr. Paul Norat, former Chief Executive Officer, has resigned from his position as CEO but will remain affiliated with Lighthouse Petroleum as a Director.

Mr. Kennedy, a Texas native, has a diversified background in the oil and gas industry that encompasses many aspects of the modern upstream markets. Mr. Kennedy began his career as a derrick hand and relief driller for a drilling contractor while attending Texas A&M University. It was this experience that led him to start his own private company that focused on the operational aspect within the upstream market. Within this entity, Mr. Kennedy was responsible for all project field operations, administration and compliance within the State of Texas. It was his success at this organization that led to a monetization event thereby allowing Mr. Kennedy to focus on other areas within the upstream markets. Mr. Kennedy was a licensed and bonded operator within the State of Texas.

Mr. Glen Kennedy states, “I am pleased to be asked to join Lighthouse Petroleum as their new Chief Executive Officer. Their immediate need for oil and gas expertise to begin work on the LHPT's Working Interest in the Diamond Springs Prospect is what attracted me to this opportunity. After reviewing the technical data on the drilling prospect, I wanted to be able to expand my upstream knowledge to the Rocky Mountain Region that is experiencing unparalleled activity currently. Being able to work with Rocky Mountain Geologists and Petroleum Engineers will help me better understand how to immediately begin the development of our acreage within the Rocky Mountain Region.” Mr. Kennedy further states, “I am currently reviewing all of the operational information as well as the financial status of the company in order to better communicate to shareholders the state of the company. I look forward to settling into my new role at Lighthouse and providing immediate updates.”

Additionally, Lighthouse Petroleum will be relocating their corporate offices to Dallas, Texas effective immediately. The new address of Lighthouse Petroleum is 18159 Frankford Cir, Dallas, TX 75252. This information will also be reflected on the corporate website within the next several weeks.