Victory Mountain Appoints Former Chesapeake Subsidiary President L.J. Guillotte JR to its Advisory Board
07 Maggio 2014 - 3:00PM
Marketwired
Victory Mountain Appoints Former Chesapeake Subsidiary President
L.J. Guillotte JR to its Advisory Board
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 7, 2014) -
Victory Mountain Ventures Ltd. (TSX-VENTURE:VMV) ("Victory") is
pleased to announce the commencement of its advisory board with the
appointment of L.J. Guillotte.
Joining the Advisory Board is Mr. Lester J (L.J.) Guillotte, JR.
Mr. Guillotte is a well recognized Independent Oil and Gas
Consultant in Houston Texas having recently served as President of
Great Plains Oil Field a Subsidiary of Chesapeake Oilfield.
Mr.Guillotte was responsible for overseeing water transfer and
initiating the design of engineering processes for new product
requirements related to the fracking process. Prior to that Mr.
Guillotte was President and CEO of vMonitor, Inc., a Shell
Technology Venture 1, majority owned company in Houston TX.
Currently, Mr. Guillotte is the President of Moore Rod & Pipe,
LLC which builds the necessary infrastructure to manufacture
surface equipment and down hole tools that improve the overall run
life of a well, historically challenged by advanced drilling
technology used in Shale Oil and Gas. Some of LJ's awards and
achievements include, being recognized in The Houston Business
Journal addition August 4, 2009 for the sale of vMonitor in a down
market in the O&G sector, he was awarded the Chevron Texaco
2004 award for outstanding, efficient and cost effective work with
PC Pump Systems for the Campo Boscan Project, and lastly for being
recognized for outstanding service by Phillips Alaska in 2001 for
the Alpine Project.
L.J. Guillotte commented, "Timing could not be better for
Victory Mountain to invest in the mining of Frac Sand in Canada.
The US shale oil and gas has grown more than 50% since 2007 with
over 50% of its production exported to Canada. Canadian gas
production alone is expected to double by the year 2035. With
Hydraulic Fracturing technology continuing to drive shale oil and
gas completions, so will the demand for high quality frac sand
increase. By networking among some of the industry producers and
users of Frac Sand here in the US, we endeavor to learn from their
successes and failures transferring that knowledge to VM's esteem
group of managers and engineers. This will prove to be invaluable
to VM shareholders as well as its customers! I look forward to
contributing my technical know-how to VM's initiatives and
contribute to raising funds to build a world class mining facility,
delivering the highest quality Frac Sand to the Canadian market
successfully!"
"We are extremely pleased to welcome Mr. Guillotte to our team,"
declared Patrick Morris, CEO and Director. "We believe the addition
of an individual such as L.J., with his experience and connections
within the oil and gas industry, particularly in the logistic side
of products and technology related to frac sand transport and
production, is a tremendous vote of confidence and will greatly
assist us in financing and developing our projects in the near
term."
Victory Mountain Ventures Ltd. (TSX-VENTURE:VMV) is a Junior
Exploration Company based in Western Canada. The Company's near
term focus is to acquire, develop and measure known silica deposits
suitable for production of high quality frac sand in Western
Canada. Currently, approximately 90% of frac sand used in the
Canadian oil and gas industry is imported from the Midwestern
United States. Victory Mountain aims to provide a domestic supply
of frac sand to the relatively new shale gas industry locally. The
Company also has interests in Copper, Gold, Silver, Molybdenum and
other base metals in Canada.
On Behalf of the Board of Directors
VICTORY MOUNTAIN VENTURES LTD.
Patrick Morris, CEO and Director
"Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release."
Cautionary note:
This report contains forward looking statements. Resource
estimates, unless specifically noted, are considered speculative.
Any and all other resource or reserve estimates are historical in
nature, and should not be relied upon. The production rate and
mine-life projections have been made without support of a
feasibility study, there is no certainty the proposed operations
will be economically viable. By their nature, forward looking
statements involve risk and uncertainties because they relate to
events and depend on factors that will or may occur in the future.
Actual results may vary depending upon exploration activities,
industry production, commodity demand and pricing, currency
exchange rates, and, but not limited to, general economic factors.
Cautionary Note to US investors: The U.S. Securities and Exchange
Commission specifically prohibits the use of certain terms, such as
"reserves" unless such figures are based upon actual production or
formation tests and can be shown to be economically and legally
producible under existing economic and operating conditions.
Victory Mountain Ventures Ltd.Patrick MorrisCEO and
Director604-683-5445info@victorymv.comwww.victorymv.com
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