Terra Nova Energy Appoints Mark Jarvis & Lyle Davis as Directors

Terra Nova Energy Appoints Mark Jarvis & Lyle Davis as Directors

Posted: Updated:

VANCOUVER – /ACCESSWIRE/ – Feb. 18, 2014 – Terra Nova Energy Inc. (“Terra Nova” or the “Company”) (TSXV: TGC) is pleased to announce the appointment of Mark Jarvis & Lyle Davis to its board of directors.

Mark Jarvis has more than 25 years of experience in the exploration, development & financing of mineral resources, both in the energy & metals industries. After a career in financing exploration projects as a stockbroker, Mr. Jarvis joined the Board of Ultra Petroleum (NYSE: UPL) in 1996 when it was a Junior Oil & Gas exploration and development company. He was the director responsible for Corporate Finance during the early stages of acquisition, exploration and development of Ultra’s Pinedale (Wyoming) acreage. Mr. Jarvis is the CEO of Shoal Point Energy (CSE: SHP), which is in the exploration stage company with an eastern Canadian oil in shale prospect. He is also CEO of Hard Creek Nickel Corp. (TSX: HNC), whose core asset is the Turnagain nickel sulphide deposit in north-central British Columbia, Canada.

“I look forward to working with the Management and Board of Terra Nova Energy,” said Mr. Jarvis. “I think a team is being assembled that is capable of delivering real value to shareholders, with strength in exploration, operations and financing.”

Lyle Davis, P.Eng., MBA, has extensive experience in the corporate finance, advisory, and management services of public companies. He is President & CEO of Condor Resources Inc. (TSXV: CN), Chairman & Director of Hard Creek Nickel Corp. (TSX:HNC) and a Director of Lock + Load Retaining Walls Ltd. Mr. Davis is a member of the Association of Professional Engineers and Geoscientists of Alberta, holds a Bachelor of Applied Science from Queen’s University and an MBA with a finance major from UBC.

“Terra Nova is pleased to welcome both Mr. Jarvis & Mr. Davis as Directors” states Nico Civelli, the Company’s Director and VP Finance. “We are very pleased that both of these individuals have agreed to work with Terra Nova. Their extensive business and investment knowledge and expertise will be a tremendous asset to the Company. We all look forward to the prospects of utilizing our collective knowledge, expertise and deal flow to advance Terra Nova’s developments and to create value for the stakeholders and the Company.”

About Terra Nova Energy Inc.

Terra Nova Energy Ltd. is a Vancouver based Oil and Gas Company. The exploration and development company currently holds exploration prospects in the prolific Cooper Basin in Southern Australia. The Cooper/Eromanga Basin is the country’s largest producing onshore basin.

If you would like to be added to Terra Nova’s news distribution list, please send your email address to info@terranovaenergyinc.com or visit our website located at terranovaenergyltd.com

On Behalf of the Board,

Nico Civelli

Nico Civelli, Director & VP Finance


FOR FURTHER INFORMATION PLEASE CONTACT:

Rob McMorran

Chief Financial Officer

T: 604-806-0626 ext. 101

Email: rgm@malaspinaconsultants.com

Or

Nico Civelli

VP Finance

T: +41 44 217 4804

Email: civelli@niconsult.ch

FORWARD LOOKING INFORMATION

This news release contains forward-looking information relating to Terra Nova’s intentions to conduct the seismic program and subsequent drilling programs and other statements that are not historical facts. Such forward-looking information is subject to important risks and uncertainties that could cause actual results to differ materially from what is currently expected, for example: risks related to oil and gas exploration, development, exploitation, production, marketing and transportation, loss of markets, volatility of commodity prices, currency fluctuations, competition from other producers, inability to retain drilling rigs and other services, reliance on key personnel, and insurance risks. Findings by other oil and gas issuers does not necessarily indicate that Terra Nova will be successful in making such findings in the Cooper Basin, South Australia. In making such forward-looking statements, Terra Nova has relied upon certain assumptions relating to geological settings, commodity prices, the stability of markets and currencies, the availability of capital, and Terra Nova’s ability to continue with the seismic and drilling programs. You should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While Terra Nova may elect to, Terra Nova is under no obligation and does not undertake to update this information at any particular time, except as required by applicable securities law.

Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.

ReleaseID: 412018

  • Most Popular StoriesMost Popular StoriesMore>>

  • Arizona, NH to get federal education funding

    Arizona, NH to get federal education funding

    Efforts to turn around Arizona's persistently low-performing schools will be getting a $10 million boost from the federal government.More >>
    Efforts to turn around Arizona's persistently low-performing schools will be getting a $10 million boost from the federal government.More >>
  • Minnesota man kills intruders; admits he was waiting for them.

    Minnesota man kills intruders; admits he was waiting for them.

    LITTLE FALLS, Minn. -Jurors heard an audio recording Tuesday of the moments when two teenagers were fatally shot by a Minnesota homeowner who says he feared for his life after several previous break-ins. Byron Smith, 65, of Little Falls, is charged with first-degree premeditated murder inthe slayings of 17-year-old Nick Brady and 18-year-old Haile Kiferon Thanksgiving Day 2012. The shooting stunned the small city and stirred debate about how far people can go in defending their homes. Smith t...More >>
    LITTLE FALLS, Minn. -Jurors heard an audio recording Tuesday of the moments when two teenagers were fatally shot by a Minnesota homeowner who says he feared for his life after several previous break-ins. Byron Smith, 65, of Little Falls, is charged with first-degree premeditated murder inthe slayings of 17-year-old Nick Brady and 18-year-old Haile Kiferon Thanksgiving Day 2012. The shooting stunned the small city and stirred debate about how far people can go in defending their homes. Smith t...More >>
  • National

    Obama warns of delay in social sec. checks and veteran's benefits

    Obama warns of delay in social sec. checks and veteran's benefits

    Web Producer: Lucy Valencia, Assignment Desk Editor WASHINGTON (AP) -- Declaring "we are not a deadbeat nation," President Obama warned on Monday that Social Security checks and veterans' benefits willMore >>
    Declaring "we are not a deadbeat nation," President Obama warned on Monday that Social Security checks and veterans' benefits will be delayed if congressional Republicans fail to increase the government's borrowing authority in a looming showdown over the nation's debt and spending.More >>
  • Ventura County tree removal sparks outrage

    Ventura County tree removal sparks outrage

    Thousand Oaks officials say they will review city planning procedures after hearing from residents who are outraged over the removal of a slew of trees at a shopping center.More >>
    Thousand Oaks officials say they will review city planning procedures after hearing from residents who are outraged over the removal of a slew of trees at a shopping center.More >>
  • House strips school voucher bill

    House strips school voucher bill

    The Arizona House has given initial approval to a bill that would help expedite the approval process for parents of some students in the state school voucher program.More >>
    The Arizona House has given initial approval to a bill that would help expedite the approval process for parents of some students in the state school voucher program.More >>
  • California Condor Chick Makes 3 This Season

    California Condor Chick Makes 3 This Season

    GRAND CANYON NATIONAL PARK, AZ – The California condor population has another chick to count among its very small, but growing numbers. Peregrine Fund biologists confirm seeing one in a nest caveMore >>
       GRAND CANYON NATIONAL PARK, AZ – The California condor population has another chick to count among its very small, but growing numbers. That brings the number of wild condor chicks produced by the Arizona-Utah flock this season to three.More >>
  • Yuma

    Police offer advice for people in a robbery situation

    Police offer advice for people in a robbery situation

    YUMA, AZ (13 On Your Side) - Over the past month there have been a string of convenience store robberies around town. Most recently, one suspect - who police say - robbed three Circle Ks within 48 hours.More >>
    Over the past month there have been a string of convenience store robberies around town.More >>
  • DEA wants you to dispose of unused medications

    DEA wants you to dispose of unused medications

    The Yuma Police Department has teamed up with the Drug Enforcement Agency in an effort to dispose of your unused prescriptions. The DEA is accepting all expired and unused medications which will in turn be placed in and incinerator and destroyed; along with the drugs any labels will also be destroyed. The event is this Saturday from 10 a.m. until 2 p.m. in the Yuma Police Department parking lot off of 16th Street and 1st Avenue. There's no cost to drop off your medications, all they ask is th...More >>
    The Yuma Police Department has teamed up with the Drug Enforcement Agency in an effort to dispose of your unused prescriptions. The DEA is accepting all expired and unused medications which will in turn be placed in and incinerator and destroyed; along with the drugs any labels will also be destroyed. The event is this Saturday from 10 a.m. until 2 p.m. in the Yuma Police Department parking lot off of 16th Street and 1st Avenue. There's no cost to drop off your medications, all they ask is th...More >>