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Wednesday, July 11, 2007 9:27:45 AM
Axis Energy Corporation (PINK SHEETS:AXGC) is pleased to announce that Mr. Robert V. Shields, P.Eng. has accepted the company's invitation to head Axis Energy Corporation’s Advisory Board.
Mr. Shields is a professional engineer with over 30 years experience in the petroleum industry that includes generating exploration drilling prospects, drilling, well completions, facility design and construction, reservoir evaluations and mineral land negotiations. His early years of employment were with major oil and gas companies including: Pacific Petroleum’s Ltd, PetroCanada Corp., Occidental International and CG Resources Ltd.
Mr. Shields has supervised oil and gas operations in Libya, the Philippines. Brunei (offshore), Continental USA, Western Canada and the Canadian Arctic. Over the past 15 years he has founded and been a partner/owner in four (4) successful private oil companies. These companies have collectively spent $C73.5 million generating a total value of approximately $C520 million.
Mr. Gerald Fletcher president of Axis Energy Corporation stated, "The appointment of Mr. Shields with his wide industry experience including the historic region that the Company is currently focused on in its property acquisition programme brings an invaluable body of knowledge to help develop the properties acquired.”
“Axis Energy is being positioned as an emerging oil and gas development company that has a unique network of contacts in high-impact oil and gas producing regions of the world.”
On behalf of the Board of Directors.
Jay Yano
Secretary/Treasurer
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