On Monday, July 11, 2011, Recovery Energy, Inc. (OTC:RECV), a Denver based Oil and Gas Production Company mainly situated on the Denver – Julesburg Basin. Announced the assignation of Mr. A. Bradley Gabbard to the post of Chief Financial Officer of the Company.
Bradley Gabbard’s distinguished working career includes his remarkable service from the year 1991-2007. in the field of traditional and non-traditional energy businesses as co-founder, director, Executive Vice President and CFO of Power Secure International Incorporation (formerly Metretek Technologies, Inc.). On being asked regarding his new recruitment; Gabbard exclaimed that he is looking forward to render his best service in the execution of the extensive business plans of Recovery Energy.
Roger A. Parker, Chairman and CEO of Recovery Energy, acknowledged that they are contended to welcome Gabbard in the Recovery Energy Family.” Considering his distinguished experience in the independent oil and gas industry, we are confident to offer him the post of Chief Financial Officer”. said Roger.
Recover Energy Incorporation, having an extensive business area of about 137,000 acres for over 80 years of existence through its traditional drilling program which is primarily based on the respective features such as low-risk, low-cost and in-field targets, aims to provide an increase in revenue, reserves and cash-flow whereas through its non- traditional drilling program focuses on the Oil Shale Horizon located on its land. Apart from being the proposed site for the Niobrara oil shale formation, it is the production centre of “ J “ sand,also holds the lease for hydrocarbon-bearing formations such as the Pierre Shale, Codell, Greenhorn and Paleozoic horizons. Thus the new authorization of CFO is done with the motive of the best execution of its business prospectives.
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