Vast Exploration Inc.
TSX VENTURE : VST

Vast Exploration Inc.

September 16, 2008 07:30 ET

Vast Exploration Inc.-Announces Appointments to Advisory Board

CALGARY, ALBERTA--(Marketwire - Sept. 16, 2008) - Vast Exploration Inc. ("Vast" or the "Company") (TSX VENTURE:VST) is pleased to announce the appointments of Honourable Joe R. Reeder, Honourable Pierre Pettigrew, p.c., General (U.S. Army, Retired) Ron Hite and Dr. Najmaldin Karim to the Advisory Board of the Company.

"Vast is very pleased to have such high caliber individuals agree to join the Company and provide advice based on their extensive experience, knowledge and contacts," stated Ahmed Said, President and Chief Executive Officer of Vast. "Their understanding and insight will be invaluable to the Company," added Mr. Said.

- Honourable Joe R. Reeder served for four years as the 14th Under Secretary of the U.S. Army, the second highest ranking civilian in the U.S. military. Since 1997 Mr. Reeder has been Managing Shareholder, in charge of the Mid-Atlantic Region for Greenberg Traurig LLP, an international law firm. Previously, Mr. Reeder served as Litigation Chairman of Patton Boggs LLP. His clientele has included countries, international corporations, and firms throughout the United States.

- Honourable Pierre Pettigrew, p.c. has had a distinguished career with success in both public and private sectors. Most notably, he led a number of senior government departments in his ten years as a minister in successive federal Canadian governments. Among other positions, he has served Canada as the Minister of Foreign Affairs, Minister for International Trade and the Minister for International Cooperation. He is currently Executive Advisor, International with Deloitte & Touche LLP. Prior to entering national politics, Mr. Pettigrew was the Vice President of Samson Belair Deloitte & Touche International (Montreal), where he acted as an international business consultant.

- General Ron Hite retired in 1997 as the Director Army Acquisition Corps, and Military Deputy to the Assistant Secretary of the Army for Research, Development and Acquisition. Through his decorated career he held many executive positions in the U.S. military. He holds a Bachelor of Arts from East Tennessee State University and Master's Degree in Science from the Florida Institute of Technology.

- Dr. Najmaldin Karim is the founder and President of the Washington Kurdish Institute and also serves on the Board of Directors of the Kurdish Institute in Paris. He is a founding member of the Kurdish National Congress of North America and served as its President from 1991 to 1999. Due to his extensive knowledge on the Kurdish region, Dr. Karim has testified before numerous U.S. Senate and House of Representative committees on topics relating to the region. He currently resides in Washington, D.C. and is an active contributor to the political process in Iraq.

About Vast Exploration Inc.

Vast Exploration Inc. is an independent oil and gas company, and a partner of Niko Resources Ltd. Vast is focused on the exploration and development of its principal asset, the Qara Dagh Block, in the Kurdistan region of Iraq. The Qara Dagh Block lies on trend with existing discoveries and is located in the prolific Zagros Fold Belt of Northern Iraq which contains several large fields including the super-giant Kirkuk field.

Regulatory Statements

Statements in this release that are not historical facts are "forward-looking information" within the meaning of applicable securities law. Forward-looking information typically contain words such as "anticipate", "plan", "expect", "potential", or similar words suggesting future outcomes and include, without limitation, statements regarding the impact of management and board appointments; future performance of management and the board; the Company's operational plans; corporate strategy; and the availability of acquisition opportunities. There can be no assurance that such information will prove to be accurate; actual results and future events could differ materially from such information. Factors that could cause actual results to differ materially include, among others, commodity prices, third party risks, acquisition risks, risks inherent in the oil and gas industry, licensing risks, financing risks, regulatory risks and environmental concerns. Investors are cautioned not to place undue reliance on forward-looking information.

THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Contact Information

  • Vast Exploration Inc.
    Ahmed S. Said
    President & Chief Executive Officer
    (403) 263-3000
    (403) 263-3041 (FAX)
    Email: asaid@vastexploration.com