Vast Exploration Inc.

Vast Exploration Inc.

June 24, 2008 07:30 ET

Vast Exploration Inc.-Appoints Dr. Fari Goodarzi as Vice President, Exploration

CALGARY, ALBERTA--(Marketwire - June 24, 2008) - Vast Exploration Inc. ("Vast" or "the Company") (TSX VENTURE:VST) is pleased to announce that it has appointed Dr. Fari Goodarzi as Vice President, Exploration.

Dr. Goodarzi's background includes over 40 years of technical and management roles with public, private and government corporations. Fari managed and successfully conducted various regional hydrocarbon evaluation studies in frontier basins such as Arctic Canada. He has extensive experience in the exploration of conventional and unconventional oil, gas & coal resources. Dr. Goodarzi holds a Master of Science and a Doctor of Philosophy in Geology and Geochemistry from University of Newcastle-Upon Tyne in England and is a Fellow of the Royal Society of Canada.

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)