Opal Energy Corp. (the "Company") (TSX-V: OPA) announced that Mr. Blake Harvey has joined the Company as manager, Investor Relations. The first full-time professional the Company has employed in that role, Mr. Harvey brings substantial experience to his new assignment.
Commenting on the recent hire, Opal CEO and Director Barry Williamson said, "We are committed to providing our shareholders with accurate and timely information on developments at Opal. In order to best serve the needs of that key audience, we have added a dedicated investor relations manager to our staff. We are pleased to welcome Mr. Harvey to Opal in that capacity. We look forward to benefitting from his experience, as Opal works to develop the potential value of its exciting prospects in South Texas."
Prior to joining the Company, Mr. Harvey worked at the Greater Houston Partnership, a nonprofit organization that traces its roots to Houston's original Chamber of Commerce. As the principal staff liaison to the Partnership's energy sector committees, his responsibilities there included major energy conferences. Mr. Harvey's previous communications experience includes tenures at CITGO Petroleum Corporation and Hart Energy Publishing. He also held various marketing and sales positions in the financial services industry, with AIM Management and Merrill Lynch.
Mr. Harvey holds a bachelor of arts in English from Georgetown University and a master's in international affairs from Texas A&M University's George Bush School of Government and Public Service, where he studied on fellowship.
The Company also reports that grants have been made pursuant to its Stock Option Plan to purchase an aggregate of 290,000 shares subject to regulatory approval. The holders of the options may purchase their allocated number of common shares of Opal at $0.39 per share on or before March 28, 2013. The options are subject to a vesting schedule and any shares acquired pursuant to the option agreements may not be sold within four months of granting.
Opal Energy Corp.
Opal Energy Corp., through its U.S. subsidiary Opal Energy Inc., offers an aggressive, disciplined and results-oriented vehicle to invest in the U.S. Exploration and Production "E&P" sector with a particular focus on natural gas exploration prospects in South Texas. The business strategy is to build asset value through drilling, growing a production platform upon which will be superimposed some potential high value exploration opportunities. Drilling inventory will be continuously enhanced by the implementation of a series of proprietary 3-D seismic shoots.