SOURCE: UnionTown Energy Inc.

UnionTown Energy Inc.

March 30, 2011 06:30 ET

UnionTown Energy Inc. (UTOG) Appoints Veteran Oil Industry Executive With Extensive Public Company Experience to Board of Directors

BILLINGS, MT--(Marketwire - March 30, 2011) - UnionTown Energy Inc. (OTCBB: UTOG) is pleased to announce the appointment of Al Radford to the Company's Board of Directors.

Mr. Radford is a highly experienced senior business executive, whose 40-year career includes a decade of work in the oil field service industry.

Most notably, Mr. Radford is currently the President of Formation Fluid Management Inc., a publicly traded company on the TSX Venture Stock Exchange. Previously, he was the General Sales Manager for Terroco Industries, a diversified oilfield service company, where he led an effort that grew sales from $22 million to $86 million in six years.

At various points in his career, Mr. Radford has designed and built oil-field products for export, negotiated with oil companies, and successfully lobbied government for implementation of a tax rebate on down-hole stimulation fluids.

"Based on his extensive public company and oil industry experience, Mr. Radford will provide UnionTown Energy with strong operational management skills, business planning, reporting and corporate governance oversight," stated President and CEO Darren Stevenson. "We welcome his future contributions to our growing business, including receiving his input on key company decisions as we move forward with our business growth plan and property acquisition strategy."

About UnionTown Energy Inc.
UnionTown Energy Inc. is focused on the acquisition, exploration, development and production of oil and natural gas properties. The Company is pursuing a strategy of building a portfolio of energy producing assets in known and producing regional oil fields throughout North America. For more information, please visit www.uniontownenergy.com.

The information in this release includes forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Although the Company believes that its expectations are based on reasonable assumptions, actual results may differ materially. These forward-looking statements, future exploration activities and the potential results of exploration activities on these properties, involve risks and uncertainties that include, among others, fluctuations in natural gas and crude oil prices; the timely receipt of necessary permits and approvals; market demand for, and/or available supplies of, energy-related products and services; unanticipated project delays, risks related to competition, management of growth, new products, services and technologies, potential fluctuations in operating results, commercial agreements, acquisitions and strategic transactions, government regulation and taxation. More information about factors that potentially could affect the Company's financial results is included in its filings with the S.E.C.

Contact Information

  • Contact
    Darren Stevenson
    President and CEO
    UnionTown Energy Inc.
    Phone: (702) 530-3241
    Email Contact