Enhanced Oil Resources Inc. Announces Board Appointment

HOUSTON, Dec. 22, 2014 /PRNewswire/ - Enhanced Oil Resources Inc. (TSX-V: EOR; OTCQX: EORIF) is pleased to announce the appointment of Dr. Konstantino Ghertsos to its Board of Directors.

Dr. Ghertsos is a managing director with Promethium Partners GmbH, a Swiss financial services and banking advisory firm specializing in the commodities trading business.  Dr. Ghertsos began his career in Samsung's oil division (Samsung Petroleum) following which he served at Mabanaft Ltd. and Hess Trading, building his knowledge of global oil trading.  More recently Dr. Ghertsos served as Director of Supply for Inver Energy Ltd. In Ireland and Senior Trader at MRI Trading in Switzerland. 

Dr. Ghertsos holds a BSc in Oceanography and Marine Biology from the University of Southampton, a Matrisse (Master's Degree) in Marine Ecology from the University of Paris VI (Pierre and Marie Curie), and a PhD in Oceanography and a DEA (Master of Advance Studies) in Data Analysis & Computer Modelling from the University of Lille I (Sciences et techniques de Lille). 

The Company also announces the resignations of Rod Eson and Ed Parker from its Board of Directors.  The Company thanks Messrs. Eson and Parker for their service and wish them well in their future endeavors.

About Enhanced Oil Resources Inc.

Enhanced Oil Resources Inc. is an early-stage company, with a principal goal of increasing crude oil and natural gas production through enhanced oil recovery and infill drilling projects it is initiating in the Permian Basin on oil fields acquired by the Company in 2007 and 2008 for that purpose.

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.

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