posted
Creston Resources Appoints Brian Jones as Company President Tuesday April 10, 12:55 pm ET
ROOSEVELT, Utah--(BUSINESS WIRE)--Creston Resources LTD (Pink Sheets:CSTJ - News) has hired Brian Jones as President of the company succeeding Jack Carson whose resignation was accepted in 2006. Mr. Jones has 23 years of experience at Halliburton Energy Services focused primarily on the Rocky Mountain region providing drilling completion and stimulation services for major independent operators. The past five years he has been a senior executive with Oilfield Maintenance Service ("OMS") located in Denver, CO. OMS provides services focused on increasing production from existing well bores. Mr. Jones will direct the company's efforts to take the steps necessary to bring the company's leases that are not presently in good standing into compliance with the terms of the leases. It is not certain that all of the open issues outstanding on the leases can be corrected. Additionally, Mr. Jones will focus on reestablishing production on the company's wells that have been shut in over the past several months and obtaining contracts from local refiners to purchase such production.
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
