C&C Energia Ltd.

July 08, 2010 18:41 ET

C&C Energia Ltd. Appoints New Director

CALGARY, ALBERTA--(Marketwire - July 8, 2010) - C&C Energia Ltd. ("C&C Energia", or the "Corporation") (TSX:CZE) is pleased to announce that Andrew L. Evans, Ph.D. has been appointed to the Corporation's Board of Directors. His appointment was contemplated prior to the closing of the Corporation's recent initial public offering, as described in the Corporation's prospectus dated May 14, 2010.

Mr. Evans is a Senior Vice-President with ARC Financial Corp., a private equity firm focused on the energy industry. Prior to joining ARC in 2004, he gained 14 years of operating company experience with Chevron Corporation and in various progressively senior roles with a large independent Canadian oil and gas company, including domestic and international assignments in exploration and development geology and management roles in international exploration and new ventures. Mr. Evans earned a B.A. in Earth Science from Dartmouth College in 1983, a Ph.D. in Petroleum Geology from Stanford University in 1989, and an MBA from Stanford University in 2004. Mr. Evans is a Certified Petroleum Geologist and a member of the Association of Professional Engineers, Geologists and Geophysicists of Alberta.

The Corporation, through its subsidiaries, is engaged in the exploration for, and the acquisition, development and production of, oil resources in Colombia. Its strategy is to develop producing oil assets by appraising and developing existing discoveries and exploring in areas assessed by management to be of low to moderate risk.

Contact Information

  • C&C Energy Canada Ltd.
    Richard A. Walls
    President and Chief Executive Officer
    C&C Energy Canada Ltd.
    Ken Hillier
    Chief Financial Officer