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In connection with its upcoming acquisition of Enterprise Energy Resources Ltd., LNG Energy Ltd. has reported that Mark Gustafson has been appointed to its Board of Directors.
Mr. Gustafson has over 25 years of experience in financing, acquisitions, administration and operations of oil and gas and minerals exploration projects worldwide. He was previously President, CEO and Director of Euromax Resources Ltd. where he was responsible for securing funding of $18 million to advance gold and base metal projects in Serbia, Macedonia and Bulgaria. Prior to this, Mr. Gustafson was Chairman of Tuzo Energy Corporation where he managed conventional and unconventional oil and gas projects in Alberta as well as overseeing a technical and non-technical exploration team and successfully raising $50 million private equity funding to advance projects. Mr. Gustafson was previously Chairman and CEO of Triangle Energy Corporation where he led active exploration shale plays in North America raising over US$84 million in convertible instruments. Mr. Gustafson is a Chartered Accountant with a Bachelor Business Administration from Wilfrid Laurier University in Ontario.
"We are pleased to welcome Mark to the board and look forward to bringing his expertise and many years of relevant experience into the company," commented David Cohen, Chairman of LNG.