Bruce A. Gwyn Resigns from Board and as an Officer of Treaty Energy Corporation
In a letter to Chief Executive Officer, Andrew V. Reid, Bruce A. Gwyn today resigned from the Board and as an officer of Treaty Energy Corporation.
Below is a copy of Bruce A. Gwyn's resignation letter to Mr. Reid:
March 13, 2014
Mr. Andrew Reid
Chief Executive Officer
Treaty Energy Corporation
317 Exchange Place
New Orleans, LA 70130
Dear Andrew,
I am writing you to formally notify you that I am resigning from the Board and as an officer of Treaty Energy Corporation. My last day of employment will be March 14, 2014.
I am taking this step because my hedge fund Level III Trading has finally settled with the National Futures Association. I now have a duty to my fund to wrap up its affairs over the next many months without any type of conflict of interest. I will be available on a consulting basis.
We have worked extremely hard over the past few years, and do strongly believe that the direction we have taken in Texas with our new drilling program will bring Treaty Energy Corporation great success.
Yours Sincerely,
Bruce Gwyn
Bruce Gwyn's resignation letter is available for download on Treaty Energy's website. This resignation comes off of news that Treaty Energy Corporation had signed an agreement with Inspire Energy Services to review Treaty Energy Corporation's operations and management.
Contact
Treaty Energy Corporation
Investor Relations
investors@treatyenergy.com
Tel: 504-301-4475
Fax: 504-324-0844
Company Links
Website: http://www.treatyenergy.com
Facebook: https://www.facebook.com/TreatyEnergyCorp
Twitter: https://twitter.com/TreatyEnergyCo
About Treaty Energy Corporation
Treaty, an international energy company, is engaged in the acquisition, development and production of oil and natural gas. Treaty acquires and develops oil and gas leases which have "proven but undeveloped reserves" at the time of acquisition. These properties are not strategic to large exploration-oriented oil and gas companies. This strategy allows Treaty to develop and produce oil and natural gas with tremendously decreased risk, cost and time involved in traditional exploration.
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