Pyramid Petroleum Announces Appointment of New Chief Financial Officer
Monday November 3, 12:51 pm ET
HOUSTON, TX--(MARKET WIRE)--Nov 3, 2008 -- Pyramid Petroleum Inc. ("Pyramid") (CDNX:PYR.V - News) today announced that it has appointed Jim Frazier as its new Chief Financial Officer. Mr. Frazier replaces Mansoor Anjum, who has resigned as Chief Financial Officer, leaving the Company to pursue other opportunities.
Mr. Frazier is a financial executive with over 20 years experience within the commercial and public sectors. Formerly, Mr. Frazier was Executive Director and Manager for Red Rock Capital, an Oklahoma based commercial lending and leasing correspondent. Mr. Frazier also served as Chief Financial Officer for a Bulletin Board NASDAQ listed international oil and gas company, from 1997 to 2002. Mr. Frazier was also a Vice President with Chase Manhattan Bank from the early 1980s to early 1990s, working primarily in securities and later commercial lending and credit services. Additionally, Mr. Frazier served on the Board of America's Challenge, a non-profit charitable organization. Mr. Frazier earned his B.A. degree in Economics and English from Fordham University in NYC.
Pyramid Petroleum CEO Ilyas Chaudhary stated, "The appointment of Mr. Jim Frazier as CFO will provide both continuity and excellent financial management experience to Pyramid's management team as we pursue our corporate objectives."
About Pyramid Petroleum
Pyramid Petroleum Inc., with its headquarters located in Houston, Texas, is an oil and gas exploration and production company with substantial upside through its strategically located operations in the Gulf of Mexico. Shares of the Company are traded on the TSX Venture Exchange under the symbol "PYR."
