SOURCE: Falcon Crest Energy

Falcon Crest Energy

September 10, 2014 08:30 ET

Falcon Crest Names Michael Cvetanovic to Advisory Council

FT. WORTH, TX--(Marketwired - Sep 10, 2014) - Falcon Crest Energy (OTC: FCEN) (the "Company"), a development stage oil and gas exploration and production company, has appointed Michael Cvetanovic to its Advisory Council.

Mr. Cvetanovic is Canadian born geologist with nearly 35 years of experience spanning many facets of the energy business, including significant roles with international and domestic companies ranging from major corporations to start-ups.

During his 25 years of international exposure to the industry, Mr. Cvetanovic played lead roles in negotiations of corporate acquisitions, farm-ins and joint ventures in Asia, New Zealand, Australia and North America. He has prepared government applications for international gazettal and licensing rounds and developed relationships with government officials on a number of levels in Thailand, New Zealand, Indonesia, Malaysia, Vietnam, Korea, China, India, Myanmar and Nepal. 

In addition to his oversees background, Mr. Cvetanovic for 10 years worked with start-up to mid-sized E&P companies operating in the U.S. and Canada. Most recently, Mr. Cvetanovic served as exploration manager for a domestic private company, Bow River Energy ('BRE'), of which he is a co-founder.

Mr. Cvetanovic strengths include a strong technical background with specific expertise in regional play analysis, petroleum system evaluation, prospect generation and in a variety of geological terrains on four continents. He has had operations supervisory roles in both offshore and onshore drilling and seismic operations.

"We're excited to welcome an industry veteran such as Michael to the Falcon Crest Advisory Council. As we move forward with our corporate initiatives, he will play a vital role in helping us achieve our core objectives and provide knowledge and strength in core areas of his expertise for the betterment of our company," stated Company Chief Executive Officer Patrick Johnson.

About Falcon Crest Energy

Falcon Crest Energy, previously known as Innocent Inc., is a development stage oil and gas exploration and production company focused on developing properties in North America. Falcon Crest plans to minimize the risk of exploration through development of proved petroleum reserves, and expects to maximize profit through strategic acquisition and liquidation of selected oil and gas properties. Falcon Crest will focus on acquiring low risk, high upside properties coupled with substantial exploration potential. Through improvements in oil and gas production technologies, Falcon Crest seeks to rapidly increase production levels and generate predictable, sustainable value. Adhering to a narrow, clearly defined strategy, the company focused on 100% acquisitions and joint ventures to maximize our production capacity.

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