Scandoil  

Petro River Oil Corp. names Stephen R. Brunner as its President


Published Nov 6, 2015
Peace River heavy oil production, Shell Complex

Petro River Oil Corp. announces, as a part of its restructuring process, that Stephen R. Brunner has agreed to join the Petro Rivers' Executive Management Team. Mr. Brunner will serve as President of Petro River and has been tasked with making oil and gas related decisions in an effort to help turn-around the Company in the midst of unstable energy markets.

Under the terms of the contract, Mr. Brunner is granted the right to purchase up to 1.25% of the Company's outstanding common stock, subject to vesting schedules, aligning his interests strongly with shareholders. He also has the right to purchase an additional 1.75% of the Company's common stock subject to shareholder approval on the increase of the current stock option plan and achieving pre-defined target objectives.

Tags: Petro River Oil Corp.




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml