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Lighthouse Petroleum, Inc. Appoints Gerard Danos As President

NEW YORK, April 9, 2013 /PRNewswire/ -- Lighthouse Petroleum, Inc. (PINKSHEETS: LHPT), a growth oriented energy company focusing on the exploration and production of oil and gas, today announces the appointment of Gerard Danos as its President.

Todd Violette, CEO of Lighthouse Petroleum, stated, "I am particularly excited to have Gerard Danos assume the responsibilities of President of Lighthouse Petroleum.  Gerard's breadth of knowledge and management experience, coupled with his hands-on, take-charge business style gives me a high level of confidence that he will make an excellent President of our company."  Mr. Violette added, "The restructuring of our management team, with the addition of Gerard Danos, positions us to handle the many challenges that lie ahead as we move Lighthouse forward towards becoming a profitable oil and gas producing company in the coming quarters."

"I am excited to assume the leadership role at Lighthouse Petroleum," stated Mr. Danos. "I am fully committed to the implementation and execution of Lighthouse's strategy to identify and acquire under-valued oil and gas interests with profitable levels of production." In order to accomplish our goal Management plans to:

  • Safely and efficiently generate commercially marketable quantities of oil and natural gas;
  • Expand the Company's oil and gas explorations throughout Texas and Louisiana; and
  • Maintain our primary business philosophy, rooted in progressive principles of cost-efficiency and devotion to fiscal responsibility, worker safety and sustainable petroleum revival.

We plan on updating and revising our website and increasing our communication with shareholders to create greater transparency of LHPT in the marketplace and enhance company response time through social media and other resources.

Mr. Danos also stated, "With our new leadership structure, I believe that Lighthouse Petroleum, Inc. has the potential to dramatically increase production and revenues quarter after quarter throughout 2013." Mr. Danos stated further, "I feel confident that my strong management acumen joined with a fundamental understanding of the oil and gas sector can lead Lighthouse to a successful future."

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