Just pulled this off the Yahoo news wire
Wednesday February 24, 9:00 am Eastern Time
Company Press Release
NP Energy Announces Corporate
Re-Organization
LAKE ELSINORE, Calif.--(BUSINESS WIRE)--Feb. 24, 1999--NP Energy Corp. (OTC
BB:NPEC - news) announced the appointment of Raymond D. Lazo of California as president of
the company.
Lazo replaces Larry Regis who will remain on the board of directors.
Increased activity by NP Energy in the telecommunications industry by its subsidiary MetroPLUS
Communications Corp. and the anticipated renewed activity in its precious metal holdings motivated
the appointment of new officers and directors.
Lazo's business background as owner of several companies will bring strong business acumen to the
company.
Joining Lazo as vice president of exploration and development is Ralph Bonham who, since 1960,
has been active in gold recovery specializing in the Placer gold recovery field. He has done extensive
work in Utah, Idaho, Montana, Arizona, Wyoming, California and Nevada gold fields. He is
Chairman of Mystery Gold, an organization whose membership boasts 200 years of gold expertise.
He speaks Portuguese and will be involved in NP Energy's Picone field in Brazil.
Jack Ginn, Larry Regis and Les Price remain as directors.
Larry Regis will remain as a director but his prime activity will be with Medinah Energy as its
president.
On behalf of the board of directors
Per: Larry Regis, president
Contact:
NP Energy Corp.
Investor Relations, 888/423-6993 |
