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| | August 29, 2005
Wentworth Energy Strengthens Core Management Team With New Appointments To Board Of Directors
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| | DANIEL LEONARD APPOINTED VICE PRESIDENT EXPLORATION AND DEVELOPMENT, FRANCIS LING NAMED CHIEF FINANCIAL OFFICER
Wentworth Energy, Inc., (PINK SHEETS:WNWG) today announced two appointments to the Company's Board of Directors and its management team. Joining the Company are oil patch veteran, Daniel Leonard, who was named Wentworth Energy's Vice President Exploration and Development, and banking and financial expert Francis K. Ling who becomes the Company's Chief Financial Officer. Both Mr. Leonard and Mr. Ling will sit as members of the Company's Board of Directors.
Mr. Leonard has over twenty-four years of hands-on oil industry experience in both a managerial and analytical role in portions of Oklahoma, Wyoming, Kansas and Texas. He graduated from Tarleton State University and is currently the COO of a family-owned, privately held oil and gas exploration company in Fort Worth, Texas. Mr. Leonard has a broad oil industry background in field management, drilling, new acquisition evaluation, well completions, production, and mapping.
Mr. Francis Ling, B.Sc., MBA brings over two decades of banking and financial management experience to Wentworth Energy, which includes public/private financings, M & A, corporate start-ups and restructuring. Mr. Ling has held several senior management positions including CFO, Dixon Networks Corporation; Manager, Commercial Services, Toronto Dominion Bank; and Director and Vice President of Finance, Canmax Properties Corporation as well as provided consulting services to small to medium cap enterprises.
John Punzo, Chairman and CEO of Wentworth Energy states, "The addition of these two experienced professionals further strengthens our core management team." Mr. Punzo added, "Mr. Leonard's broad abilities provide us with a solid managerial foundation as the Company positions itself beyond the development stage and into that of a significant junior producer. Mr. Ling's financial background and knowledge of the banking sector will be invaluable to Wentworth as we move forward in size and scope as a Company, and fills the much needed role as the Company's full-time working CFO."
About Wentworth Energy, Inc.
Located in Forth Worth, Texas, Wentworth Energy, Inc. is a diversified energy company focused on the responsible development of America's natural resources while providing maximum shareholder value. Wentworth Energy will apply innovative technologies towards the discovery and development of a diverse portfolio of high value, low risk energy projects such as the Company's opportunities in the Texas Barnett Shale gas play, the prolific oil and gas fields of the Gulf Coast, and the oil sands of eastern Utah. Wentworth Energy trades under the ticker symbol WNWG. For more information on the Company visit www.wentworthenergy.com
This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.
Crosscheck Capital
Alex Johnston
Investor Relations
480-614-2088
Fax: 480-614-2089
info@crosscheckcapital.com
OR
Corporate Offices:
Wentworth Energy, Inc.
Toll Free: 877-329-8388
Fax: 817-288-0983
www.wentworthenergy.com |
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