Scandinavian Oil-Gas Magazine

http://www.scandoil.com/moxie-bm2/news/solimar-energy-strengthens-and-restructures-board.shtml

Solimar Energy strengthens and restructures board

Mr Satterfield is Solimar's current Chief Operating Officer (COO) based at the Company's operations office in Ventura, California and is assuming the position of

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Solimar Energy Limited

Mr Satterfield is Solimar's current Chief Operating Officer (COO) based at the Company's operations office in Ventura, California and is assuming the position of Chief Executive Officer (CEO) as part of a succession plan that was anticipated prior to his commencing with the Company in January, 2012.

Mr Satterfield has a geoscience background and is expert in the exploitation of oil and gas in California having held senior technical positions with Occidental Petroleum (OXY) one of the most aggressively expansionist major oil companies operating in the San Joaquin Basin where all Solimar's oil and gas assets are located.

Tags: Solimar Energy Limited