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$NORX Norstra Appoints New Chief Executive Offic

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Post# of 25554
Posted On: 04/01/2013 9:46:13 AM
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Posted By: jstops


[b]$NORX[/b] Norstra Appoints New Chief Executive Officer




LAREDO, Texas, [color=blue]Mar 05, 2013[/color] (GLOBE NEWSWIRE via COMTEX) -- Norstra Energy Inc. ("Norstra" or the "Company"), (OTCQB:NORX) is pleased to announce the appointment of Mr. Glen Landry as CEO and President of the company.


Mr. Landry is a seasoned, third generation geologist from the University of Montana. His grandfather was involved in the development of the famous Kevin Sunburst Oil Field in Montana, and the family has been active in the oil industry ever since. Mr. Landry received a geology degree from the University of Montana over 30 years ago, and his main exploration and development focus has been Montana and North Dakota. During the 1980's he consulted for Occidental Petroleum, which, amongst other oil companies, were very active in exploring and shooting seismic throughout northwestern Montana. These efforts were focused on finding crude oil in deep formations, but were not economically feasible at the time, but now represent a viable source of untraditional oil through fracking and other modern extraction techniques.




Under Mr. Landry's leadership, the company has begun the process of evaluating lands in northwestern Montana with an aim toward acquiring a sizeable land position for exploration in the Bakken formation.




Mr. Landry, CEO-- Norstra Energy, stated:




"My 30 years of experience in this region have convinced me that northwest Montana holds a significant amount of oil and I am looking forward to leading Norstra and its shareholders towards profitability through exploration and production."




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