Friday, March 27, 2015

Well Power, Inc. (WPWR) Welcomes Addition of Robert V. Shields to its Board of Directors

Well Power has recently expanded its board of directors by adding petroleum industry veteran, engineer and entrepreneur Robert V. Shields.

Well Power Chief Executive Officer Cristian Neagoe commenting on the appointment said, “As we advance the commercialization of our energy solutions and technologies, it’s an honor to welcome Robert to the team.” “Robert’s experience in raising capital, engineering, and entrepreneurship in the oil and gas industry will contribute invaluable insight and progression to Well Power’s corporate mission.”

Earning his Bachelors of Science in chemistry and chemical engineering from the University of Albert, Shields has over three decades of petroleum industry experience in the areas of drilling, economic evaluations, production operations, completions, identifying and securing international exploration mineral leases and raising equity capital from institutional investors in in the United States and abroad. Shields, a professional engineer by trade, is certain to bring a wealth of expertise to the board’s table.

Earlier in his career, Mr. Shields’ employment record includes tenures with major oil and gas companies such as Pacific Petroleums Ltd., Occidental International, PetroCanada Corp. and ICG Resources Ltd. Mr. Shields possesses extensive management experience as a result of filling management leadership positions of drilling/production operations in Libya, Philippines, continental USA, Western Canada, the Canadian Arctic and Brunei (offshore).

Well Power is positioned as a technology company that provides oil and gas producers and operators a way in which to process wasted natural gas. This waste includes stranded, shut-in, flared and vented gas and produce valued end-products including Engineered FuelTM and electrical power. Well Power’s technology, the Micro Refinery Unit (MRU), makes it possible to turn natural gas waste into Green Fuel™ and clean power with a solution that is mobile and deployable economically. The MRU is a combination of proven commercial technologies, with a proprietary micro-reactor system for hydrocarbon processing and catalytic reactions. It is solution known for its flexibility and scalability while being easy to custom configure.

For more information about the company, visit www.wellpowerinc.com

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