Wednesday, September 17, 2014

Falcon Crest Energy, Inc. (FCEN) Bolsters Advisory Board to Strengthen Corporate Trajectory

As Falcon Crest Energy sharpens its focus on developing oil and gas properties in North America, the company is building an advisory board to supplement its experienced management team and progress corporate initiatives. The most recent addition to the advisory board is geologist Michael Cvetanovic, who has 35 years of experience spanning several facets of the energy industry.

In addition to 25 years of international endeavors in corporate acquisitions, farm-ins and joint ventures, Cvetanovic has 10 years of experience working with start-up to mid-sized E&P companies operating in the United States and Canada. He contributes technical expertise as well as knowledge in regional play analysis, petroleum system evaluation, prospect generation and offshore and onshore drilling and seismic operations.

Cvetanovic will advise Falcon Crest alongside current advisory board member Scott Davis, an equity holder of R.D. Davis & Associates and manager of the day-to-day operations of field brokers in the firm’s Houston Division. Davis has experience and familiarity working with local landowners, operators and potential competitors. His track-record demonstrates success in leasing unconventional resource plays, as well as the leasing, negotiation and management of more than 1 million acres in prolific plays such as the Barnett Shale, Permian Basin, Texas Panhandle, Illinois Basin and Eagle Ford, among others. Davis has also co-founded several businesses through which he has gained first-hand experience in transforming a business concept into a successful operation.

International business executive Dennis Clement also sits on Falcon Crest’s advisory board. He brings to the table three decades of experience in finance, law, M&A, management and entrepreneurship in numerous industries, including financial, oil and gas, and mining and technology. Clement currently provides advisory services for different companies around the world and is on the board of directors for several private and public companies. His law practice includes international trade, corporate reorganizations, banking, finance and corporate law.

Peter Kent is also an appointed member to the Falcon Crest advisory board. A corporate commercial lawyer and business advisor with more than 35 years of experience, Kent has extensive expertise spanning governance, legal and business, and has conducted high-level negotiations leading to transactions with Chevron, Texaco, Mitsubishi, Hoganas, Imperial Oil and others. He is well-versed with deal architecture in M&As and related financings, including complex contract negotiations. As in-house counsel, Kent has selected, instructed and supervised world-class external counsel and managed external counsel in more than 30 jurisdictions.

Together, this team of experienced individuals will provide advisory services to Falcon Crest in support of the company’s pursuit to capitalize on the vast opportunities within the Powder River Basin of Wyoming. Falcon Crest plans to minimize the risk of exploration through development of proved petroleum reserves, and has defined a strategy to maximize profit through strategic acquisition and liquidation of selected oil and gas properties.

For more information, visit www.FalconCrestEnergy.com

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