To ALL
Lemon to Head TERI's Trading and
Transactions
HOUSTON, June 3 /PRNewswire/ -- Michael L. Wallace,
president of Trinity Energy Resources, Inc. (OTC Bulletin
Board: TRGC) (TERI), today announced the appointment of
Ronald S. Lemon as vice-president of trading and
transactions.
Lemon has over 15 years experience in natural gas risk
management, marketing and project development including
the use of natural gas futures and derivatives to create a
successful risk strategy. He most recently served as
corporate hedge manager, natural gas, at Texaco, Inc.,
where he was also a natural gas trader. Additionally, while
at Texaco he was project manager for business
development where he evaluated, proposed and
implemented a variety of projects, including $250 million in
cogeneration projects for equity buy-in and natural gas
sales. He has also served as director of marketing and
supply, midwest region, for MG Natural Gas, and was vice
president of Acacia Gas Corp. Earlier he was vice president
and marketing manager at Fina Oil and Chemical Co.
Lemon lives in Spring, TX.
According to Wallace, TERI's "business plan calls for natural
gas trading to begin by July 1. The overall strategy will start
day trading small contract volumes before the end of June.
By mid-July, there will be technical confirmation of the
market direction at which time spread trading will begin. We
at TERI are extremely pleased to have someone with Mr.
Lemon's impressive track record and credentials on board to
lead us forward in this effort."
Recently, Trinity Energy Resources, Inc., formerly known as
Trinity Gas Corporation, launched a recapitalization bid in
the form of a Rights Offering to qualified, existing
shareholders. According to Wallace, "response to the Rights
Offering has been extremely encouraging."
Earlier, TERI signed, in conjunction with a consortium of two
other independent energy partners, a Convention
Agreement which provides for an Exploration Permit "H"
covering 108 million acres in the Republic of Chad. "We are
on track to open our first international office location June
21, in Chad," Wallace said. Chairman of the Board Thomas
C. O'Dell will be in Chad for start-up and to meet with
Chadian officials.
For more information on Trinity Energy Resources, Inc., visit
the company's website at www.trinityenergy.com.
SOURCE Trinity Energy Resources, Inc.
/CONTACT: Susan Moon of Medpros, 281-444-3677, or
email,
medpros@flash.net, for Trinity Energy Resources, Inc./
/Web site: trinityenergy.com
(TRGC)
Kenny
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