FORT WORTH, Texas, April 30 /PRNewswire/ -- Snyder Oil Corporation
(NYSE: SNY) (SOCO) today announced the hiring of John M. Thibeaux as Vice
President - Corporate Development.
Mr. Thibeaux comes to Snyder with over 25 years experience in engineering,
planning and acquisitions. For the last eight years, Mr. Thibeaux was Vice
President Engineering and Acquisitions for J.P. Morgan Petroleum Funds in
Houston, Texas. Previously, he held various reservoir engineering and
management positions with Tenneco Oil Company, the U.S. Navy Petroleum
Reserves and Atlantic Richfield Co. Mr. Thibeaux earned a B.S. in Petroleum
Engineering from the University of Southwestern Louisiana and an M.B.A. from
the University of Houston.
In announcing the appointment, W.G. Hargett, President, commented,
"Mr. Thibeaux brings strong business management and technical skills to the
Company's management team and will provide additional momentum to the
Company's business strategy to build shareholder value. With the Company's
financial flexibility and strong financial position, John will be instrumental
in creating opportunities for us to expand and add to our current core
operating areas."
SOCO is engaged in the production, development, acquisition, and
exploration of oil and gas properties primarily in the Gulf of Mexico,
northern Louisiana and the Rockies. The Company also has investments in two
international exploration and production companies, SOCO International plc and
Cairn Energy plc. The Company's common shares are traded on the New York
Stock Exchange under the symbol "SNY". SOCO news releases and other
information about the Company can be found on the Internet at
http://www.snyderoil.com.
SOURCE Snyder Oil Corporation
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Related links:
http://www.snyderoil.com
Company News On-Call: http://www.prnewswire.com or
fax, 800-758-5804, ext. 118962
CONTACT:
Rodney L. Waller of Snyder Oil Corporation,
817-882-5937
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