Monument Resources, Inc. Announces Management Addition and New Funding
April 02 2008 - 11:44AM
PR Newswire (US)
DENVER, April 2, 2008 /PRNewswire-FirstCall/ -- A.G. Foust,
President of Monument Resources, Inc. announced today the
appointment of Jim Benner as VP of Operations, Corporate Secretary,
and member of the board of directors. Mr. Benner, age 59, was an
employee and later General Manager and President of North American
Resources Company (NARCO), an oil and gas subsidiary of The Montana
Power Company. Subsequently he was VP of Operations of PanCanadian,
a large independent oil and gas producer that acquired NARCO. Most
recently he was a VP of EnCana Corporation, another large
independent oil and gas producer with worldwide operations that was
formed through the merger of PanCanadian and Alberta Energy. Until
joining Monument Resources, he was involved in a number of
charitable and personal business activities. Mr. Benner holds a
B.S. degree in Petroleum Engineering from Montana College of
Mineral Science and Technology. Monument Resources is a publicly
traded oil and gas company with operations in NE Kansas. Monument
is focused on developing conventional and non-conventional shallow
gas reserves in the emerging Forest City Basin coal bed methane
resource play. Monument recently completed a $500,000 private
placement with MNB Energy LLC and a $100,000 private placement with
A.G. Foust to finance expansion of its position in the NE Kansas
area. Mr. Benner is an affiliate of MNB Energy LLC. Monument is
traded on the OTC Bulletin Board under the symbol MNMN Additional
details of Monument's properties, financial condition and results
of operations can be found in Monument's annual and quarterly
reports which are on file with the Securities and Exchange
Commission (SEC) and can be retrieved from SEC's Edgar Electric
Filing System at http://www.sec.gov/. DATASOURCE: Monument
Resources, Inc. CONTACT: A.G. Foust, President, or Jim Benner,
V.P., both of Monument Resources, Inc., +1-303-692-9468
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