DENVER, March 25 /PRNewswire-FirstCall/ -- Teton Energy Corporation ("Teton") (AMEX:TEC) announced today the appointment of E. Russell Koeniger to the position of Director of Land. Mr. Koeniger will be responsible for all leasing of land and related land administration functions for Teton. The appointment is effective March 17, 2008.
(Logo: http://www.newscom.com/cgi-bin/prnh/20051007/LAF054LOGO) Mr. Koeniger has over 33 years of land leasing and administration experience in the energy business in Denver. Russ served as a Senior Landman for Bill Barrett Corporation since 2003. During that time, Russ was responsible for all land administration activities in the Big Horn and Wind River Basins and the tri-state area of Colorado, Kansas and Nebraska. Prior to Bill Barrett Corporation, Russ was District Landman for nine and one-half years with Barrett Resources Corporation and Williams Production RMT Company. Previously he spent approximately 19 years with several oil and gas companies in the Denver area managing land administration activities in Colorado, Wyoming, North Dakota, Utah and New Mexico.
Mr. Koeniger has a Bachelor of Arts Degree in Political Science from the University of Northern Colorado. He is a member of the Denver Association of Petroleum Landmen.
"Russ is a very experienced landman who has numerous contacts and extensive knowledge of many oil and gas basins in the Rocky Mountain region," said Dominic Bazile, Executive Vice President and COO. "He is an excellent addition to our management team as we position Teton to grow to the next level." Company Description. Teton Energy Corporation (AMEX:TEC) is an independent oil and gas exploration and production company based in Denver, Colorado. Teton is focused on the acquisition, exploration and development of North American properties and has current operations in the Rocky Mountain region of the U.S. The Company's common stock is listed on the American Stock Exchange under the ticker symbol "TEC". For more information about the Company, please visit the Company's website at http://www.teton-energy.com/.
Forward-Looking Statements. This news release may contain certain forward-looking statements, including declarations regarding Teton and its subsidiaries' expectations, intentions, strategies and beliefs regarding the future within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements contained herein are based upon information available to Teton's management as at the date hereof and actual results may vary based upon future events, both within and without the control of the Teton's management, including risks and uncertainties that could cause actual results to differ materially including, among other things, the impact that additional acquisitions may have on the Company and its capital structure, exploration results, market conditions, oil and gas price volatility, uncertainties inherent in oil and gas production operations and estimating reserves, unexpected future capital expenditures, competition, governmental regulations and other factors discussed in the Company's Annual Report on Form 10-K for the year ended December 31, 2007 filed with the Securities and Exchange Commission. Teton's disclosure reports are on file at the Securities and Exchange Commission and can be viewed on Teton's website at http://www.teton-energy.com/. Copies are available without charge, upon request from the Company.
Company contact:
Ron Wirth
Director of Investor Relations & Administration
(303) 565-4600, Ext. 124
http://www.teton-energy.com/ http://www.newscom.com/cgi-bin/prnh/20051007/LAF054LOGO http://photoarchive.ap.org/ DATASOURCE: Teton Energy Corporation CONTACT: Ron Wirth, Director of Investor Relations & Administration of Teton Energy Corporation, +1-303-565-4600, Ext. 124, Web site: http://www.teton-energy.com/
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