Message #6 From:
NewsBot Date: October 3, 2006 05:00:00 AM
NHCT News Oil and Gas Industry Veterans Join the Brighton Oil Executive Team
LOS ANGELES--(BUSINESS WIRE)--National Healthcare Technology Inc.(OTCBB:NHCT), d/b/a Brighton Oil,
today announced that Dana Veitch and Michael Anthony have joined the
company as the newest members of its executive team. With a combined
over 50 years of experience in the oil and gas industry, Mr. Veitch and
Mr. Anthony are expected to play an integral role in the leadership and
the growth of the company.
“We are honored to work with these renowned
industry veterans to help guide the course for Brighton’s
future,” stated Sam Petrossian, Chief
Executive Officer of Brighton Oil. “Each of
these two individuals brings a wealth of experience in the oil and gas
industry to our company.”
Dana Veitch has been employed since 1979 in the producing property
transaction side of the oil and gas business, totaling over $1 billion
in transactions to date. Mr. Veitch's background as a Landman includes
M&A operations with ARCO, Phillips Petroleum, Chevron USA, Anadarko and
Kaiser-Francis Oil Company. Mr. Veitch was born in 1954 and raised in
Tulsa, Oklahoma. He graduated from Western State College in Gunnison,
Colorado in 1978.
MichaelAnthony has over 30 years’
experience as an oil and gas engineer. Mr. Anthony’s
experience includes being the head drilling engineer for Latigo
Petroleum, Williams Production, Devon Energy, Saga Petroleum and ARCO.
Mr. Anthony brings extensive experience in all aspects of petroleum
exploration operations including lease evaluation, drilling, well
completion, and safety & personnel training. His level of experience
includes conventional and air drilling methods, deviated hole
experience, & recent extended reach horizontal experience. Mr. Anthony’s
international experience includes producing properties in Egypt, Saudi
Arabia, Australia, southeast Poland, Indonesia (onshore & offshore), and
Pakistan in the deep, high pressure Badin area. Mr. Anthony also brings
a wealth of domestic experience including operations in Alaska (most
recently for Marathon Oil Company on the Kenai Peninsula as well as
British Petroleum on the North Slope), Texas Gulf Coast, Permian
Basin, Four Corners Area, & theRocky Mountains.
Mr. Anthony holds a BS in Industrial Engineering from Sul Ross State
University in Texas.
Mr. Veitch and Mr. Anthony issued this joint statement, “We
look forward to assisting the rest of the Management Team in building
the company for all shareholders. Brighton’s
oil and gas properties should create significant value for all
shareholders over the next few years.”
About Brighton Oil
Brighton Oil is an oil and gas company with a focus on gulf coast oil
and gas prospects and properties. Brighton is careful to develop a
thorough drilling plan using advanced technologies in both mapping and
the use of 3D seismic reports and information. Brighton Oil trades under
the ticker symbol NHCT. For more information on the Company visit www.Brightonoil.com.
This press release includes forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of
the Securities Act of 1934. A statement identified by the words
"expects," "projects," "plans," and certain of the other foregoing
statements may be deemed "forward-looking statements." Although Brighton
Oil believes that the expectations reflected in such forward-looking
statements are reasonable, these statements involve risks and
uncertainties that may cause actual future activities and results to be
materially different from those suggested or described in this press
release. These include risks inherent in the drilling of oil and natural
gas wells, including risks of fire, explosion, blowout, pipe failure,
casing collapse, unusual or unexpected formation pressures,
environmental hazards, and other operating and production risks inherent
in oil and natural gas drilling and production activities, which may
temporarily or permanently reduce production or cause initial production
or test results to not be indicative of future well performance or delay
the timing of sales or completion of drilling operations; risks with
respect to oil and natural gas prices, a material decline in which could
cause the Company to delay or suspend planned drilling operations or
reduce production levels; and risks relating to the availability of
capital to fund drilling operations that can be adversely affected by
adverse drilling results, production declines and declines in oil and
gas prices and other risk factors.