HOUSTON, Sept. 18 /PRNewswire-FirstCall/ -- EPiC Energy Resources, Inc.
(OTC Bulletin Board: EPCC) ("EPiC") a provider of engineering, management
consulting, training and data management services to the energy industry,
today announced that Texas State Representative John C. Otto has been named
to the EPiC Energy Resources' Board of Directors and will serve as the
Chairman of the Board's Audit Committee. Concurrently, Kevin G. McMahon has
stepped down from the Board due to time constraints associated with his
responsibilities as Senior Vice President - Internal Audit at Calpine
Corporation, as well as his recent appointment to serve on the board of an
NYSE listed energy services company.
Representative Otto is a Director of Ryan, North America's largest
independent state & local tax consulting business, where he has been
instrumental in its growth through strategic development and analysis of
multistate taxation issues. Otto earned a Bachelor of Business
Administration degree from Texas A & M University and is a certified public
accountant. He began his career at KPMG, where he served as the senior
auditor for various companies, including Mitchell Energy and Development
Corporation, where he assisted in its successful initial public offering.
He was elected to the Texas State House of Representatives in 2004 and
currently serves as the Chairman of Budget and Oversight for the House
Committee on Ways and Means.
Otto has vast experience in the energy sector and with start-up
companies. While employed at a start-up directional drilling service
company, he implemented financial controls and installed an enterprise
accounting system in numerous locations. That start-up was later sold to a
global oilfield services company. He is the founder and managing partner of
a successful CPA firm and remains active in the energy industry providing
consulting services, including advising on mergers and acquisitions, for
mid-size energy service companies.
"We are excited that John has joined our Board, bringing over three
decades of proven accounting, finance and tax experience," said Rex P.
Doyle, EPiC's Chief Executive Officer. "We look forward to his
contributions to our organization as we continue to focus on growth. At the
same time, we would like to thank Kevin McMahon for his contributions to
our organization over the past year and we wish him all the best as he
manages his growing responsibilities."
About EPiC
EPiC Energy Resources is a Houston based integrated energy services
company. EPiC provides consulting, engineering, construction management,
operations, maintenance, specialized training and data management services
focused primarily on the upstream and midstream energy infrastructure.
Services are provided through Pearl, a diversified engineering and energy
services company; Carnrite, a management consulting company focused on
providing strategic and operational consulting services to the broad energy
industry; and EIS, a global training and data management services company.
EPiC is headquartered at 1450 Lake Robbins Drive, Suite 160, The Woodlands,
Texas 77380. Office - 281-419-3742, http://www.1epic.com.
Forward Looking Statements
Certain statements included in this release constitute forward-looking
statements. These forward-looking statements are based on management's
belief and assumptions derived from currently available information.
Although EPiC Energy Resources ("EPiC") believes that the expectations
reflected in such forward-looking statements are reasonable, it can give no
assurance that such expectations will prove to be correct. Actual results
could differ materially from forward-looking statements expressed or
implied herein as a result of a variety of factors including, but not
limited to: a decline in the price of, or demand for, oil and gas, demand
for EPiC's services, loss or unavailability of key personnel, inability to
recruit or retain personnel, competition for customers and contracts,
various potential losses associated with fixed-price contracts, general
economic conditions; and other financial, operational and legal risks and
uncertainties detailed from time to time in EPiC's SEC filings. EPiC does
not undertake any obligation to publicly update forward looking statements
contained herein to reflect subsequent events or circumstances.
CONTACTS:
Rex P. Doyle, Chief Executive Officer
281-419-3742 / rdoyle@1epic.com
Lisa Elliott, Sr. Vice President
DRG&E - IR Counsel
713-529-6600 / lelliott@drg-e.com
SOURCE EPiC Energy Resources, Inc.
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Related links:
http://www.1epic.com
CONTACT:
Rex P. Doyle, Chief Executive Officer of EPiC
Energy Resources, Inc., +1-281-419-3742, rdoyle@1epic.com; or IR
Counsel, Lisa Elliott, Sr. Vice President of DRG&E,
+1-713-529-6600, lelliott@drg-e.com, for EPiC Energy Resources,
Inc.
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