Brief: PetroShale Announces Appointment Of New Management Team, Proposed Name Change To Lucero Energy Corp

Lucero Energy

13/01/2022 23:22

Jan 13 (Reuters) - PetroShale Inc  PSH.V :
    * PETROSHALE INC. ANNOUNCES APPOINTMENT OF NEW MANAGEMENT
TEAM,
BOARD APPOINTMENT, OVERSUBSCRIBED $54.5 MILLION EQUITY
FINANCING, 2022 CAPITAL BUDGET AND PRODUCTION GUIDANCE AND
PROPOSED NAME CHANGE TO LUCERO ENERGY CORP.
    * PETROSHALE INC- APPOINTS MARVIN TANG AS VICE PRESIDENT,
FINANCE
& CFO
    * PETROSHALE INC - APPOINTMENT OF BRETT HERMAN AS PRESIDENT
&
CHIEF EXECUTIVE OFFICER
    * PETROSHALE - ANTICIPATES $45 MILLION 2022 CAPITAL BUDGET
WILL
RESULT IN 2022 AVERAGE PRODUCTION BETWEEN 10,500-11,000 BOEPD,
EXIT GUIDANCE OF 11,000 BOEPD

Source text for Eikon:  ID:nCNW6FX8ra 
Further company coverage:  PSH.V 

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