Thursday, March 31, 2011

UnionTown Energy, Inc. (UTOG) Appoints Oil Veteran to Board of Directors

UnionTown Energy, Inc. announced the appointment of Al Radford to their Board of Directors. Radfor, a senior business executive, has a forty year career, a decade of which has been spent in the oil field service industry.

UnionTown acquires and develops properties for oil and natural gas production, and is constructing a portfolio of assets in energy-production assets in oil fields through North America. This includes both known and producing oil fields.

Currently Radford is the President of Formation Fluid Management Inc., which is publicly traded on the TSX Venture Stock Exchange. Before this, he was the General Sales Manager for Terroco Industries, an oil field service company. Under his time there, his work grew sales from $22 million to $86 million over six years. Radford has built and designed oil field products, negotiated with oil companies, and lobbied for implementation of a tax rebate on oil production.

“Based on his extensive public company and oil industry experience, Mr. Radford will provide UnionTown Energy with strong operational management skills, business planning, reporting and corporate governance oversight,” said UnionTown President and CEO Darren Stevenson. “We welcome his future contributions to our growing business, including receiving his input on key company decisions as we move forward with our business growth plan and property acquisition strategy.”

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