Slavko Scepanovic Joins Genoil Inc. as Senior Vice President of Engineering and Projects
May 08 2014 - 8:29AM
Marketwired
Slavko Scepanovic Joins Genoil Inc. as Senior Vice President of
Engineering and Projects
NEW YORK, NEW YORK--(Marketwired - May 8, 2014) - Genoil Inc.
(OTCBB:GNOLF) - Mr. Scepanovic has extensive experience in project
finance and has raised over a billion dollars for acquisitions and
projects. He will be managing all of Genoil's engineering projects,
and will participate in project finance. Slavko also has vast
experience working with EPC contractors.
Mr. Scepanovic was recently First Deputy Director and Director
Advisor of the Optima Group. In his six plus years there he was
involved in the founding and organization of Optima for the Russian
firm Zarubezhneft. Optima was established by Zarubezhneft which is
a leading state controlled oil and gas company based in Moscow
specializing in exploration, development and operations of oil and
gas fields outside Russian Territory.
"Slavko has an extensive background in EPC construction,
securing project financing and acquisitions. He will be a
tremendous asset to Genoil, and he is joining the firm at the
perfect moment," says Bruce Abbott President & C.O.O.
"I am excited to be joining Genoil as they are about to close
major contracts," says Slavko Scepanovic.
Prior to his role in Optima, Mr. Scepanovic was based in Moscow
for a decade as the Deputy Director of Synergie Trading GMBH,
Jupiter Investments LLC. Some of Mr. Scepanovic's responsibilities
were to assist with companies looking to invest and in need of
financial support for upgrading their plants and equipment. At
these firms he conducted feasibility studies and obtained financing
for large projects.
Slavko is presently interviewing engineers for our European
engineering department.
About:
Genoil Inc. is an international engineering technology
development company based in Alberta, Canada with offices in the
USA, Sweden, Bosnia, UAE, Saudi Arabia that has pioneered an
efficient oil desulfurization upgrading technology, oil and water
separation and technologies, for the oil and gas and marine
industries. Genoil has 147 acre land holdings in Two Hills Canada
with 2500 acres of mineral rights and a large design test facility.
Genoil has a partnership in the United Arab Emirates with the first
born son of Khalifa bin Zayed Al Nahyan, who is the ruler there.
The company is called Genoil Emirates. Genoil also has a
relationship with a large EPC contractor.
ADVISORY: Certain information regarding the company, including
management's assessment of future plans, contact values,
completions dates, operations, profitability and the uses of the
company's technology, may constitute forward-looking statements
under applicable securities law and necessarily involve risks
associated with oil and gas technologies, production, refining,
marketing and transportation such as loss of market, volatility of
prices, environmental risks, competition from other technologies,
the effectiveness of the company's technologies and ability to
access sufficient capital from internal and external sources; as a
consequence, actual results may differ materially from those
anticipated. The company assumes no obligation to update the
forward-looking statements or to update the reasons why actual
results could differ from those contemplated by the forward-looking
statements.
Investor Relations(212) 688-8868www.Genoil.ca
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