Canada NewsWire
FORT WORTH, TX, Sept. 10, 2018
FORT WORTH, TX, Sept. 10, 2018 /CNW/ - Oracle Oil and Gas LLC (Oracle Oil and
Gas) a wholly owned subsidiary of Oracle Energy Corp. ("Oracle" or the "Company ") (TSX.V: OEC) (Frankfurt:
O2E) is pleased to announce that Reese R Mitchell has joined the company and will assume the position of Sr. Vice President
Operations. Mr. Mitchell will be responsible for engineering, drilling and operations
Mr. Mitchell has 37 years of operational, technical, and management experience in the U.S. and International onshore and
offshore. Has held senior leadership roles overseeing unconventional drilling, completion, production & associated
disciplines. From 2012 through 2017 he served as the Senior VP of Operations for Vitruvian II, a large private equity backed
SCOOP mid-con operator. In this position he managed all aspects of drilling and completion activities including running 4 rigs
for a three-year period, drilling 48 horizontal wells and growing production to over 30,000 boe/d. Mr. Mitchell earned a Bachelor
of Science degree in Natural Gas Engineering from Texas A&I University.
Art Green, formerly Production Manager will assume the role of Sr. Advisor. Mr. Mitchell and
Mr. Green will report to Darrell McKenna - Chairman and CEO.
Chairman and CEO, Darrell McKenna commented, "Oracle has embarked on an aggressive Eagle Ford
growth plan; has already made a down payment and an option payment on a total of 6,310 acres and has completed a NI 51-101
compliant report. Oracle anticipates spudding the first well this year. Reese is a very important addition to Oracle's leadership
team. His capabilities and experience will be invaluable as we approach the drilling and operations phase of Oracle's Eagle Ford
project. We are familiar with his background and reputation and welcome the technical expertise and leadership he brings to his
functions."
ON BEHALF OF THE BOARD OF DIRECTORS.
Darrell McKenna; Chairman and CEO
About Oracle Energy Corp.
Oracle Energy Corp. (TSX.V: OEC) (Frankfurt: O2E) is a junior oil and gas development company focused on acquiring development
assets in North America and with current focus in the Texas Eagle Ford.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-looking statements in this release are
made pursuant to the 'safe harbour' provisions of the Private Securities Litigation Reform act of 1995. Investors are cautioned
that such forward-looking statements involve risks and uncertainties.
SOURCE Oracle Oil and Gas LLC
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