Emerge Oil & Gas Inc.

May 05, 2010 18:47 ET

Emerge Announces Executive Appointment

CALGARY, ALBERTA--(Marketwire - May 5, 2010) - Emerge Oil & Gas Inc. ("Emerge" or the "Company") (TSX:EME) is pleased to announce the appointment of Mr. Preston Kraft as Vice President, Engineering and Operations, effective May 6, 2010. Mr. Kraft brings 19 years of experience in the energy sector. Prior to joining Emerge, he held the position of General Manager within the 100,000 boe/d Heavy Oil and Gas Business Unit at Husky Energy gaining extensive knowledge and experience with heavy oil assets in the Lloydminster area. Prior positions within Husky included; Manager of Reservoir Engineering and Reserves where Mr. Kraft was responsible for Husky's corporate reserves, and the position of Asset Manager for the Southern Alberta Business Unit responsible for engineering and operations. Mr. Kraft joined Husky Energy as a part of the Renaissance Energy acquisition in August 2000. With Renaissance Energy he served as the Chief Exploitation Engineer responsible for preparing and executing production and development plans for a portfolio of assets in SW and SE Saskatchewan and Southern Alberta. Mr. Kraft received his Bachelor of Science in Chemical Engineering from the University of Calgary, and is also a registered Professional Engineer in the Province of Alberta.

"With Preston's technical expertise in the areas of production, operations, acquisitions, reserves, reservoir engineering and particularly with heavy oil development in the Lloydminster area, combined with an outstanding track record in the industry, Preston will make an immediate contribution to the advancement of Emerge's core strategy," stated Tom Greschner, Emerge's Chairman, President and CEO. "We are very pleased to have someone with Preston's impressive credentials join our management team, and anticipate that his leadership will add tremendous value for our shareholders."

About Emerge Oil & Gas Inc.

Emerge is engaged in the exploration for and development and production of oil and natural gas in Western Canada. The Company currently operates within two principal areas, namely, the Lloydminster area of West-Central Saskatchewan and East-Central Alberta and the Battlebend area of East-Central Alberta. Emerge is headquartered in Calgary, Canada.

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