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Red Mountain Resources Appoints Hilda D. Kouvelis Chief Accounting Officer
Posted February 8, 2012
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Former Transatlantic Petroleum CFO Adds 25 Years of Energy Industry Accounting and Finance Experience to Veteran RMR Executive Team
DALLAS--(BUSINESS WIRE)--Red Mountain Resources, Inc. (OTC BB: RDMP), a growth-oriented energy company engaged in the acquisition, development and exploration of oil and natural gas properties, today announced the appointment of Hilda D. Kouvelis as Chief Accounting Officer.
Alan Barksdale, RMR's CEO, commented, "Hilda is a very important addition to our management team as we grow the business and mature as a company. We've built a very strong, experienced operational team to deliver results in the field, but place equal emphasis on delivering results to our investors. We believe we are laying the foundation today from a financial management and accounting perspective to support our growth and continued success."
Ms. Kouvelis brings more than 25 years of energy industry accounting and finance experience to the Red Mountain executive team. From January 2005 until June 2011, she was employed with Transatlantic Petroleum Ltd., a vertically integrated, international oil and gas company engaged in the acquisition, exploration, development and production of crude oil and natural gas, serving as its chief financial officer from January 2007 until April 2011 and as its vice president from May 2007 to April 2011. She also served as its controller from 2005 to January 2007. Since leaving Transatlantic Petroleum in June 2011, she has been a private consultant advising on accounting matters and acquisitions.
About Red Mountain Resources, Inc.
Red Mountain Resources, Inc. (OTC BB: RDMP) is a growth-oriented, energy company engaged in the acquisition, development and exploration of oil and natural gas properties. The company's operations are focused in the Permian Basin of West Texas and Southeast New Mexico and the onshore Gulf Coast of Texas. RMR combines an experienced management and consulting team with a fully-integrated strategy for growth and development. RMR intends to grow production and reserves through development and exploration activities on its existing properties and through acquisitions that meet its long-term objectives for production. For more information, please go to www.RedMountainResources.com.
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