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Gold/Mining/Energy : TKGN - Tekoil & Gas Corporation

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From: jmhollen8/31/2006 11:33:01 AM
   of 12
 
Tekoil Announces Key Executive Appointment

THE WOODLANDS, TX, May 17, 2006 (MARKET WIRE via COMTEX) -- Tekoil & Gas Corporation (OTC: TKGN) is pleased to announce the appointment of Ms. Donna Parsons to the position of Vice President of Corporate Relations, effective June 1, 2006.

Ms. Parsons was born and educated in the Province of Newfoundland and Labrador, and brings a wealth of government-related oil and gas experience to the Tekoil Team. She initially began her career within the Newfoundland government as a Petroleum Engineering Technologist for the Department of Natural Resources, and more recently as an Industrial Development Officer in their Industrial Benefits Division.

Both roles involved extensive public relations activities relating to the petroleum industry within the Province. As a result, Donna has developed numerous key relationships with strong political and commercial ties in the oil and gas sector. Her 8 years of experience in government as well as her unique knowledge of the Province's onshore oil and gas industry should prove extremely beneficial to Tekoil and its ongoing expansion plans in the region.

Tekoil has recently acquired a 6,000 square foot property in St. John's, Newfoundland, which will serve as Tekoil's Canadian headquarters. The Company still maintains its offices in Houston and Orlando.

About Tekoil & Gas Corporation:

Houston-based Tekoil & Gas Corporation, is a technology driven company is focused on the development, acquisition, stimulation, rehabilitation, and asset improvement of small to medium-sized oil and gas fields. The combination of energy fuel reserves and advanced yield technologies, are anticipated to generate value for Tekoil and its stakeholders, as the company targets above average growth in the 21st century energy sector. Additional news and information will be made available on the Tekoil website at www.tekoil.com, and through further press releases as acquisitions and development projects are executed.

Contact:
Mr. Eric Ottens
Executive VP
Tekoil & Gas Corporation
eottens@tekoil.com
SOURCE: Tekoil & Gas Corporation
CONTACT: mailto:eottens@tekoil.com

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