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LBYE News - New CFO Armando Buchanan added to the

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Post# of 18867
Posted On: 11/22/2013 12:41:53 PM
Posted By: wippersnapper
Re: Flex #8414
LBYE News - New CFO Armando Buchanan added to the management team with potential ties to some big names in the oil industry...


Liberty Energy Corp. Announces Appointment Of CFO Armando Buchanan


11:01 AM ET, 11/22/2013 - PR Newswire


HOUSTON, Nov. 22, 2013 /PRNewswire/ -- Liberty Energy Corp. (OTCQB: LBYE) ("Liberty" or "the Company") is pleased to announce the appointment of Armando Buchanan as CFO of Liberty. Mr. Buchanan is a seasoned financial executive with nearly 14 years combined experience in Corporate Finance, Oil & Gas Accounting, Investment Management, and Business Development.  He has a diverse professional background inclusive of Upstream Energy Operations, Public Securities, and Information Technology Management.


"The addition of Armando to our team is a key development for the company. He is already working on implementing the policies and systems needed to manage our aggressive acquisition program. His experience with industry due diligence, financial modeling, deep industry connections and capital partners will be a valuable addition to our acquisition and financing efforts," stated CEO Roy.


Mr. Buchanan is currently the Chief Financial Officer for Eagle Ford Oil  Co., Inc. a Houston based Oil & Gas operating company. Eagle Ford's operations are primarily focused in the Eagle Ford Shale trend, with shallow production in the Luling Branyon and Salt Flat Fields.  His duties there include policy making, governance of the company's financial activities and direct operations oversight responsibility.  His efforts have brought continuous improvement to field cost control, resource planning, and executive reporting.


Mr. Buchanan has held the FINRA Series 7 & 66 securities licenses, and has served in the office of Vice President of Investments with JP Morgan Chase and as a Wealth Manager at UBS. Mr. Buchanan held several consulting executive positions as a project manager for Buchanan Ventures, Inc.  He also served as VP of Fortune Exploration an upstream exploration & production company. Mr. Buchanan is a graduate of the University of Houston, Bauer College of Business with a Bachelor's of Business Administration in Entrepreneurship & Finance from the renowned Wolff Center for Entrepreneurship which is nationally ranked by the Princeton Review.




http://txoil.com/AboutTXOil/OfficersDirectors.aspx


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