AUSTIN, Texas, Sept. 15 /Xinhua-PRNewswire/ -- Texas American Resources-Asia Ltd., an affiliate of Texas American Resources Company, Austin, Texas, has announced the appointment of Mr. Bryan Yam to the position of Vice President of International Business Development effective August 1, 2007.
Mr. Yam has 30 years experience in the international E&P business, having most recently worked for Kerr-McGee. He joined Kerr-McGee in 1992 and helped start their China, Thailand and Indonesia Exploration and Production ventures, including acquiring seven Production Sharing Contracts ("PSC") in China and two PSCs in Thailand. Prior to Kerr-McGee, he worked for NL-Shaffer as the Asia Pacific Regional Services Manager in Southeast Asia and Australia.
Bryan will be responsible for generating new business opportunities throughout the Asia Pacific Region, including asset acquisitions and new ventures. He will be based in the Shekou Operations office in southern China.
ABOUT TEXAS AMERICAN RESOURCES ASIA, LTD.
Headquartered in Beijing, Texas American Resources-Asia, Ltd's ("TARA") principal assets consist of two blocks in the Pearl River Area of the South China Sea, making TARA the first privately-held company to have assets in the South China Sea. In total, TARA's offshore blocks encompass approximately 4.5 million acres.
LEGAL DISCLOSURE: Certain statements in this news release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, particularly any express or implied statements concerning future financial condition or operating results. Although Management believes that the expectations reflected herein are reasonable, the matters discussed in this release involve risks, uncertainties, and other factors that may delay, prevent or adversely affect the transaction or the Company's planned activities and operations. There can be no assurance that such expectations will prove correct. All forward-looking statements are expressly qualified by this cautionary statement.
