|Mon Oct 24, 2011|
Oracle Energy Corp. Announces New VP of Exploration
|Vancouver, British Columbia October 24, 2011) - Oracle Energy Corp. ("the Company" or "Oracle") (TSX.V: OEC) (Frankfurt: O2E) is pleased to announce that Mr. Desmond Norris has joined Oracle Energy as Vice President Exploration. Mr. Norris's 30 year career, including 24 years with Talisman Energy Inc., spans; Exploration, Development, E&P technology, Operations and Management. His most recent assignment was VP Exploration Technology and Geoscience at Talisman Energy Inc.|
Mr. Norris is a proven oil finder with extensive experience in seismic operations, interpretation and prospect evaluation in a wide variety of basin types, principally in Indonesia, Australia, Papua New Guinea, New Zealand, South America, Oman, Algeria, and Trinidad & Tobago. He holds an M.Sc.(Geophysics) from the University of Papua Guinea and an M.A. (Physics) from Oxford University.
Mr. Nasim Tyab, President of Oracle Energy states "We are very pleased that Des Norris will be joining the Oracle Energy team. His extensive experience in international oil and gas exploration will be extremely beneficial to the company as we move forward."
Oracle Energy Corp. (TSX.V: OEC) (Frankfurt: O2E) explores and develops oil and gas properties. The Company currently has interests in Romania and seeks to acquire additional international projects in the future. For further information on Oracle Energy and its projects please contact investor relations at (1) 778.331.2028 or firstname.lastname@example.org
ON BEHALF OF THE BOARD
Nasim Tyab, President
Oracle Energy Corp.
Senergy Communications Inc.
Tel: (1) 778-331-2028
Forward-Looking Statements: Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. Such forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation, risks and uncertainties relating to political risks involving the Company's exploration and development of properties interests, the inherent uncertainty of cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, the inability or failure to obtain adequate financing on a timely basis and other risks and uncertainties.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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