Bonanza Resources Corporation says that David Russell is joining the Bonanza team to spearhead the investor relations department. David's investor relations experience goes back to the early 1990's where he served as the IR contact for several publicly traded companies, most notably a very early stage Ultra Petroleum Corp.

David ultimately served as director of investor relations for Ultra until late 2005 when he left to pursue other interests. From 1999 to 2005 the market capitalization of Ultra Petroleum grew from less than $50 million to over $8 billion. David brings a wealth of knowledge and experience in helping grow companies and in effectively communicating the company's growth and growth prospects to the existing shareholders and the market place.

"We are pleased to have David Russell on our team as we restructure, refocus and begin growing the company," stated Steve Moore, President of Bonanza Resources (Texas) Inc. "I believe he's a great fit to our team and with his level of investor relations experience we look forward to working together to put Bonanza Resources clearly on the radar screen of the investment community."

Tags: Bonanza Oil and Gas