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| ITALICA NEWS |
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| New Directors for Po Valley Energy |
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| [ Italica ] - Po Valley Energy recently announced the appointment of new company directors, based in both Australia and Italy. Greg Short joins the PO Valley family as a non-executive director of Po Valley Energy, and the appointment of Roberto Fazioli as a non-executive director for Northsun Italia Spa, Po Valley's 100% owned Italian operating company. Greg Short, a geologist who worked with Exxon in exploration, development and production geosciences and management for 33 years in Australia, Malaysia, USA, Europe and Angola, was also Geoscience Director during Exxon's successful development of its Angola offshore operations. Graham Bradley, Chairman of Po Valley Energy, stated; "We are delighted that Greg has joined us as a director. His professional expertise and career experience means that he brings to the Board a strong technical grounding in oil and gas exploration, development and production including reserves definition and management". Roberto Fazioli is based in the north of Italy and is active in a range of downstream gas and energy distribution businesses. Roberto is currently Chairman of Soelia, AIM Vicenza and Soenergy, local public service companies. Soenergy distributes gas and electricity in the province of Ferrara and Modena, with more than 26,000 final consumers. He is also a professor of Business Studies at Ferrara University. "Roberto's appointment brings valuable business experience to our management team. His deep knowledge of the Italian energy industry and regulatory environment will significantly strengthen our local operating capability" Mr Bradley said. [July 29, 2010 – written by Claire Garth - Italica news from Italy and San Marino] |
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