Vess Oil Corporation Announces Management Succession
WICHITA, Kan., July 23, 2012 /PRNewswire/ — Vess Oil Corporation announced today that Barry Hill has been promoted to Chief Executive Officer. Mr. Hill previously served as Vice President and Chief Financial Officer since he joined the Company in February 2010. Mike Vess, founder of Vess Oil, will assume the role of Chairman. Mr. Vess previously served as President and Chief Executive Officer since the Company’s inception in 1979.
Commenting on the change in management of the Company, Chairman Mike Vess stated “I am very pleased and confident to see Barry assume this leadership role at this time with the Company as he brings great capability and competence to the future of Vess Oil Corporation and its many new initiatives going forward.”
“Becoming CEO of Vess Oil at this exciting time in the Company’s 30-year history is a great opportunity, for which I am very appreciative,” said Hill. “My passion to lead Vess Oil is matched by the opportunities we see in front of us and the quality team we have in place.”
About Vess Oil Corporation
Vess Oil Corporation is an independent oil and gas company that acquires, exploits, develops and explores for crude oil and natural gas, primarily in Kansas, with growing operations in Texas, Montana and Oklahoma. Vess Oil also serves as the contract operator for the underlying properties in two publicly traded statutory Delaware trusts, the MV Oil Trust (MVO) and the VOC Energy Trust (VOC).
SOURCE Vess Oil Corporation