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PRESS RELEASES

Energy Resources Corp. is very pleased to announce the appointment of Wayne Needoba as the Managing Director.


November 22, 2010

Nov 22, 2010 – Mr. Needoba has over 40 years of international petroleum industry planning, engineering and team leader experience in all aspects of exploration and development, evaluation, completion and well intervention operations, onshore and offshore, environments.  Mr. Needoba Joined Esso Ex (now Exxon Mobil) and worked internationally from 1974 to 1986 as a drilling and completions / well testing engineer, operations supervisor.  Voluntarily separated in 1986 and founded a drilling and completions project management business in Perth, Western Australia.  In 1992 separated from the company and relocated to Bangkok Thailand, and have been a consultant on a range of oil and gas projects to present time.  Mr. Needoba graduated with a diploma in Petroleum Technology from SAIT, Calgary Alberta in 1964 and worked with oil and gas production in Alberta until end of 1965.  Worked in Australia with oil and gas operations from 1966 to 1969 and the in the Middle East as an oil well cementing and stimulation supervisor.   Attended the University of Tulsa 1971 to 1973 and graduated with a BSc in Petroleum Technology at the end of 1973.

Energy Resources President and CEO Mehran Ehsan stated, “We are very pleased to have Wayne join our Board and begin his new role as Managing Director for Energy Resources Corp. He brings a deep understanding of both the technical and commercial side of the international oil and gas exploration and production business.  His strong technical and commercial background built by 40 years of working with Major, Independent and National Oil Companies worldwide, makes him the best candidate to lead Energy Resources into our production phases. Mr. Needoba’s expertise is going to be of great value to us, starting with our newest project Kentucky Petroleum LP.”

About Energy Resources Corp: Energy Resources Corporation is an international oil and gas Exploration & Production company mainly focusing on properties that have current production with unparallel room to grow. We let our many years of experience and well – honed intuition guide us in deciding which projects promise success in the long-run; from acquisition, production to new developmental stages. By focusing on production we position ourselves to be one of the only company’s in Canada to actually emphasize on minimizing and mitigating the risk associated with oil drilling, thus; being able to provide the best possible investment with current cash flow to investors through active production, and capital appreciation to them through development of new wells.