SOURCE: Friendly Energy Exploration

April 04, 2011 09:15 ET

Friendly Energy Adds Experienced Executive

CARSON CITY, NV--(Marketwire - April 4, 2011) - Friendly Energy Exploration (OTCBB: FEGR) is pleased to announce that Rick Hutchins will join the company as it's Chief Operating Officer and will oversee all drilling operations going forward.

Rick Hutchins has been involved in the oil and gas business in Texas and Oklahoma for over forty years and comes from a family whose involvement in the Oil and Gas business dates back to 1926. He was largely responsible for the discovery of one of the largest Mississippian Age reefs in Texas as well as one of the largest gas fields ever discovered in Brown County, Texas. Mr. Hutchins has been provided geological and mapping consulting services for several oil and gas companies over the last two decades. He was also one of the founders of a risk management and insurance company which specialized in oil and gas risks and lease evaluations. Mr. Hutchins has a Bachelor of Science degree and a Ph.D. degree from the University of North Texas.

Rick Hutchins stated: "I am very excited to join Friendly Energy Services in a full time role. I've been working with the company though out the last two years and feel that the company is in a great position with its current leases to grow substantially in the coming years."

"We are extremely excited that Rick has chosen to work with us full time. It means a lot to our company that he has chosen us to continue his career with," said Doug Tallant, CEO of Friendly Energy.

About Friendly Energy:

Friendly Energy is an exploration, development and production company in the Oil and Gas Exploration Industry. The company is focusing on low cost oil and gas recovery in the State of Texas and Oklahoma. Friendly Energy is committed to building shareholder value by taking advantage of the current market pricing of oil and gas by developing undeveloped reserves with little downside risk. Please see the company's website: www.fegr.biz.

This news release contains information that is "forward-looking" in that it describes events and conditions which Friendly Energy Exploration ("FEGR") reasonably expects to occur in the future. Expectations for the future performance of the business of FEGR are dependent upon a number of factors, and there can be no assurance that FEGR will achieve the results as contemplated herein and there can be no assurance that FEGR will be able to conduct its operations or production from its properties will result from or continue as contemplated herein. Certain statements contained in this report using the terms "may," "expects to," and other terms denoting future possibilities, are forward-looking statements. The accuracy of these statements cannot be guaranteed as they are subject to a variety of risks, which are beyond the company's ability to predict, or control and which may cause actual results to differ materially from the projections or estimates contained herein. FEGR disclaims any obligation to update any forward-looking statement made herein.

Contact Information

  • Contact:

    For Additional Information:

    Sean Tallant
    1 970-464-2619