NEW ORLEANS, May 12, 2014 /PRNewswire/ -- Treaty Energy Corporation (OTCQB: TECO) ( http://www.treatyenergy.com), a growth-oriented international energy company, today announced Andrew L. Kramer of New Orleans has been appointed Vice President, General Counsel, and Corporate Secretary, with the initial task of heading a search committee to recruit six new members for the Board of Directors that will report to Chris D. Tesarski, Executive Chairman.
Chris D. Tesarski, Executive Chairman of Treaty Energy, is pleased to announce the addition of attorney Andrew L. Kramer, Esq. as General Counsel of Treaty Energy. A New Orleans commercial litigator, Mr. Kramer has extensive experience in both legal and business matters.
On the appointment, Mr. Tesarski stated, "The first order of business for Treaty Energy's new General Counsel will be to head up a search committee to identify and recruit up to six new directors for what will be a seven member board."
Members of this board will have levels of board and business experience as generally called out as follows:
- One proposed new director should have a minimum of 20 years of legal experience, with 10 of those years dedicated to handling legal matters pertaining to oil and gas contracts and transactions.
- One proposed new director should have at least 10 years of experience managing and dealing with SEC and other regulatory authorities for publicly traded oil and gas companies.
- One proposed new director will ideally have 8 to 10 years of experience in overseeing the acquisition and/or merger of oil and gas companies and leases.
- One proposed new director should be fully conversant with regard to environmental matters at the state and federal level that might impact the Company's business.
- Treaty Energy will seek to recruit the final two directors from among its current shareholders. These directors should possess both the business acumen and desire necessary to help lead Treaty Energy to a much stronger and robust presence in the oil and gas industry. These final two directors ideally will have either an engineering and/or business background in the oil and gas industry.