Cordero Energy Inc.

Cordero Energy Inc.

March 14, 2007 09:05 ET

Cordero Energy Inc. Announces Executive Appointments

CALGARY, ALBERTA--(CCNMatthews - March 14, 2007) - Cordero Energy Inc. ("Cordero" or the "Corporation")(TSX:COR) is pleased to announce the appointment of two new executive officers.

Mr. Tom Zavesiczky has been appointed as Vice President Exploration. Mr. Zavesiczky has 26 years of experience in oil and gas exploration, development and management. Most recently he was a founder and Vice President Exploration with Starboard Gas Ltd, a successful private exploration and development company until its sale in 2006. Prior to Starboard, he was Vice President Exploration at Southward Energy Ltd. Mr. Zavesiczky also held various positions of increasing exploration and management responsibilities throughout the balance of his career with Elan Energy, ATCOR Resources and Gulf Canada Resources. Mr. Zavesiczky holds a BSc. Honours degree in Earth Sciences from the University of Waterloo, is a member of the CSPG and is a Professional Geologist.

Mr. Neil Wilson has been promoted to Vice President Engineering. Mr. Wilson has gained valuable experience in reservoir and exploitation engineering including acquisition evaluation, reserves assessment and production. More recently, he helped lead the Cordero coalbed methane and Belly River development team at Malmo, Alberta. Prior to Cordero, he was Senior Exploitation Engineer with Resolute Energy, Rio Alto, Canadian Natural Resources, Cabre Exploration and Pancanadian. Mr. Wilson has a BSc. in Geological Engineering and is member of APEGGA, the Canadian Society of Petroleum Engineers and the Canadian Institute of Mining, Metallurgy and Petroleum.

"We are extremely pleased with the additions to our executive team. They bring a wealth of exploration and development experience which will be invaluable as we execute on our growth plans for 2007 and beyond", commented David Elgie, President and CEO of Cordero.

Cordero is an independent exploration and development company pursuing conventional oil and natural gas production and reserves as well as coalbed methane development in western Canada. Cordero is based in Calgary, Alberta.

Contact Information

  • Cordero Energy Inc.
    David Elgie
    President and Chief Executive Officer
    (403) 265-7006
    Cordero Energy Inc.
    Dean Setoguchi
    Vice President and Chief Financial Officer
    (403) 265-7006