Alvopetro Energy Ltd. is pleased to announce an appointment to the Board of Directors, our initial 2014 operational and capital plans, an updated corporate presentation and the grant of stock options.
We are pleased to announce that Mr. Roderick L. Fraser has been appointed to the Board of Directors of Alvopetro. Mr. Fraser is a petroleum engineer with over 35 years of experience in the oil and gas sector initially through industry roles with Amoco (production engineer), Esso (field superintendent) and Fuel Resources (VP Operations and Board member).
Mr. Fraser moved to oil and gas investment banking in 1992. Mr. Fraser held various senior positions with JP Morgan Chase (Managing Director, Head of Oil & Gas Latin America), WestLB (Managing Director, Head of Oil & Gas Americas) and Standard Bank of South Africa (Managing Director, Global Head of Oil & Gas). Much of Mr. Fraser's banking career has been spent supporting junior exploration and production and services companies develop and implement growth initiatives in emerging markets.