Trans-Orient Petroleum Ltd. has recently completed the collection of 55 kilometers of 2-D seismic covering selected portions of PEP 38348 and 38349 in the East Coast Basin of New Zealand, within budget and of good field quality. The contract for processing of this seismic is awarded, and final processed data is expected within six weeks. The data will then be incorporated into the data base and interpreted by Trans-Orient’s technical team, to help delineate the Company’s future drilling locations in the East Coast Basin.

The Company has made a number of changes to its executive team that enhance the ability of the Company to move forward with its growth plans. Mr. Peter Loretto, who will remain a Director of the Company, has resigned as Chief Executive Officer of the Company to be replaced by Mr. Garth Johnson, the Company’s President, who has also accepted a role as a Director of the Company.

Mr. Barry MacNeil has resigned as the Company’s Chief Financial Officer, Corporate Secretary and as a Director for personal reasons. Mr. Doug Lynes, a Chartered Accountant with over 20 years of experience in public and private business, has accepted the positions of Chief Financial Officer and Corporate Secretary for the Company. Mr. Drew Cadenhead has been appointed as the Company’s Chief Operating Officer, based in North America. Previously Mr. Cadenhead was the Company's Vice-President of Business Development.

Tags: Trans-Orient Petroleum Ltd.