SCOTTSDALE, AZ--(MARKET WIRE)--Jun 15, 2009 -- Northern Explorations Ltd. (OTC BB:NXPN.OB - News) ("Northern," "Norex" or the "Company") is pleased to announce the appointment of Mr. P. Andrew Jeschke as Chief Operating Officer.
Mr. Jeschke (age 59) brings over 30 years' experience as a professional geologist, geophysicist and Clean Energy advocate. Beginning in the late 70s he participated in four scientific expeditions to remote areas in the Canadian Rockies, the Trans-Antarctic Mountains of Antarctica and the Kashmir Himalayas of India, during which time he co-authored papers on climate change, environmental sampling, geophysical surveying and surficial geology. Subsequently, he was employed with Donohue Anstey and Morrill of Boston, MA as a subsurface geologist with a role in the analysis and correlation of well log data and construction of subsurface structural and isopach maps of the Appalachian Basin oil and gas fields as part of a large DOE funded research project.
During the early 1980s he was based with Exxon Company, USA in Corpus Christi, TX as an Interpretation Geophysicist where he analyzed, interpreted and integrated geophysical and geological data and constructed subsurface structural and isopach maps and generated exploratory onshore oil and gas prospects in South Texas. He introduced the District to the new technology of shear wave prospecting, and discovered the Perro Rojo gas/condensate field in Nueces County, TX. During this time he advanced to Senior Geophysicist and Group Leader of the Vicksburg Seismic Stratigraphic Analysis Project.
From 1985 to 2005 Mr. Jeschke operated as a Senior Exploration Manager, Consultant and principal, primarily in California. During this period he assisted in the organization, funding, management and operations of several multi-million dollar energy projects and conducted the geological and geophysical research which lead to several new discoveries and the revitalization of mature oil and gas fields.
He co-founded Millennium Energy Inc. of Ventura, CA in 1994, where he conducts research, evaluates technologies, publishes, manages oil and gas properties and develops business plans. Through research, publishing and lectures, he advocates for as well as develops next-generation clean energy projects integrating conventional and renewable energy technologies. Recent endeavors have included the development of the world's largest flat-plate solar thermal projects to be integrated into California oilfields and large stationary grid-connected natural gas fuel cell power plants integrated into agricultural operations, in order to reduce greenhouse gas and pollutant emissions as well as increase overall efficiencies.
Mr. Jeschke studied at the University of New Hampshire in Durham, New Hampshire and earned a B.Sc. in Geology, cum laude, in 1979, and completed the academic requirements for M. Sc. in Earth Sciences in 1981.
Company President & CEO Mark Schaftlein comments, "We are very grateful to have the expertise and specialized understanding of clean energy projects that Mr. Jeschke brings to us at this time. His perspective, honed by years of practical experience in the operations of oil & gas endeavors, combined with his forward thinking approach and advocacy of next generation clean energy opportunities is exactly the kind of management input we require right now. We believe his engagement will benefit us greatly."
The Company is a reporting issuer providing public disclosure as required by the securities and exchange act of 1934. Complete details of this appointment will be filed publicly where subject to and as required by law under the regulations of the Securities and Exchange Commission (SEC).
ABOUT NOREX ENERGY (NORTHERN EXPLORATIONS LTD.) (OTC BB:NXPN.OB - News)
Norex Energy (Northern Explorations Ltd.) is an energy exploration Company currently developing natural gas projects across North America. The Company has acquired working interests in natural gas assets located in Texas as well as projects in California and Alberta, Canada. The projects contain documented gas reserves and associated plant, pipeline and infrastructure currently in place.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of our exploration program at our properties and any anticipated future production. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with petroleum exploration and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the most recent fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
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