Iona Energy Inc.
TSX VENTURE : INA

March 02, 2012 09:01 ET

Iona Energy Welcomes Chief Operating Officer

CALGARY, ALBERTA--(Marketwire - March 2, 2012) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN UNITED STATES

Iona Energy Inc. ("Iona" or the "Company") (TSX VENTURE:INA) is pleased to announce that Alan Curran has been appointed as Chief Operating Officer of the Corporation effective March 1, 2012. Mr. Curran has more than 29 years of experience in the oil and gas exploration and production industry. He has been involved in a senior management capacity with a number of companies active in the United Kingdom sector of the North Sea. Mr. Curran graduated from Edinburgh University with a Bachelor of Science Honours degree in Chemical Engineering. After graduation he joined Shell U.K. Limited where he worked in a variety of petroleum engineering, production operations and new field development roles. In 1992, Mr. Curran moved to Oryx Energy which was acquired by Kerr-McGee Corporation ("Kerr-McGee") in 1999. During his time at Kerr-McGee, Mr. Curran worked in a range of subsurface, asset management and commercial roles progressively becoming a key member of the UK leadership team. His final duties with Kerr-McGee entailed the sale of the UK business in 2005 to Maersk Oil North Sea UK Ltd. ("Maersk") and Centrica plc for approximately US$3.5 billion. Following the sale, Mr. Curran worked with Maersk until March 2006 when he joined Lundin Britain Ltd. as Managing Director, a position he held until March 2009. Prior to joining Iona, Mr. Curran was Chief Executive of Wood Group (John) plc's North Sea subsidiary.

Additional information relating to the Company is available on SEDAR at www.sedar.com.

About Iona Energy:

Iona Energy Inc. and its wholly owned subsidiary Iona Energy Company (UK) Limited (collectively, "Iona" or the "Company"), is an oil and gas exploration, development and production company focused on oil and gas development and exploration in the United Kingdom's North Sea.

Neither the TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Iona Energy Inc.
    Neill A. Carson
    Chief Executive Officer
    +011 (44) 7919 057989

    Iona Energy Inc.
    Brad G. Gunn
    Chief Financial Officer
    (403) 775-7442