March 19, 2008 - 11:20 AM EDT
Continental Energy Names New Chief Geophysicist
DALLAS, March 19 /PRNewswire-FirstCall/ -- Continental Energy Corporation (OTC Bulletin Board: CPPXF) today announced today that it has named Robert J. Paul to the post of Chief Geophysicist for the company.
Robert has 28 years of experience in oil and gas exploration, the last 17 in Indonesia. He has worked in various geophysical exploration capacities with Lundin Oil and Gas, Santa Fe Energy Resources, Petromer Trend, Halliburton, Esso Australia, and BP Canada.
He obtained a Bachelors degree in Geophysics from the University of Alberta (Canada) and a Masters Degree in Geophysics from University of Queensland (Australia).
Robert will be based in Continental's Jakarta office where he will be the lead geophysicist and part of a technical team dedicated to identifying, evaluating, and acquiring new oil and gas properties. Continental's new ventures team is currently evaluating new opportunities in Indonesia and the surrounding region.
Robert's duties will also include evaluation of new block acquisitions in Indonesia within a defined area of mutual interest covered by Continental's CGX joint venture group. He will also advise Continental on 3D seismic acquisition planned for the Bengara-II Block.
Continental's Exploration Manager, Drew Eriksson, said of the hiring from Jakarta: 'With current oil prices the oil and gas exploration and production business is booming worldwide and competition is heating up for talent and for properties. Robert is a welcome addition to the Continental team. He brings a vast amount of relevant and recent experience that greatly expands our knowledge of SE Asian regional oil and gas opportunities. He gives us additional capability to quickly prioritize and evaluate the many opportunities out there right now. He will be a real asset and a key player in the future development of the company.'
About Continental Energy Corporation:
Continental Energy Corporation is a small oil and gas exploration company, focused entirely on making a major oil or gas discovery in Indonesia. For further information, please visit our web site at www.continentalenergy.com
