HOUSTON,
Jan. 19, 2015 /CNW/ - Enhanced
Oil Resources Inc. (TSX-V: EOR; OTCQX: EORIF) is pleased to
announce the election of Andrew
Hromyk, Al H. Denson,
J. Mark Strawn, Srinivas Polishetty
and Konstantino S. Ghertsos to its board of directors at the
Company's Annual General Meeting held January 15, 2015.
Mr. Hromyk, CEO stated: "We are grateful to have
received the support of shareholders for our plan to reduce
expenditures and preserve capital while utilizing the Company's
assets to create shareholder value."
The Company shareholders also approved the
appointment of Hein & Associates LLP, Certified Public
Accountants as the Company's auditors for the fiscal year ended
December 31, 2014, as well as the
Company's 2014 Stock Option Plan. The Company's Advance
Notice Policy was not confirmed. Accordingly, as described in
the Information Circular for the Meeting, that Policy terminated
and is of no further force or effect.
About Enhanced Oil Resources Inc.
Enhanced Oil Resources Inc. owns and operates two
large historic oil fields in New
Mexico, the Milnesand & Chavaroo oil fields.
Recorded Production of these two fields is in excess of 37
million barrels, representing approximately 10% of the oil in
place. The Company plans to unlock the value in these
resource-rich fields by increasing the efficiency of its
operations, and by applying new and proven unconventional
production technologies.
ON BEHALF OF THE BOARD OF DIRECTORS
Andrew
Hromyk
Director
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION
SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX
VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE
SOURCE Enhanced Oil Resources Inc.