Continental Hires New Business Development Manager
Jakarta, Indonesia, - 25 October 2021 - Continental Energy Corporation (OTCQB: CPPXF) (the "Company") is pleased to announce the hire and appointment of Mr. Ashley J. Meier as its New Business Development Manager.
Ash is based in Vancouver, BC, and will act to identify and engage with North American and European technology providers who can offer clean fuels and low carbon footprint technology that is complementary and supplementary with the Company's petroleum fuels and biofuels to be produced at the Company's Maloy Refinery development in Indonesia.
Ash will also serve as the Company's principal media contact for inquiries from the Company's shareholders, investors, possible joint venture or business partners, the public, and other stakeholders.
Ash holds an MBA from Aalto University in Finland and has over 15 years international experience in the international financial services industry, 13 years of which was gained while living and working in Jakarta, Hongkong, and Singapore. He is a founding member of the Jakarta Ice Hockey Association.
Rich McAdoo, CEO of the Company, said of the appointment, "Ash brings a lot of strengths to the Company. His prior living and working experience in SE Asia give him a broad understanding of doing business in emerging markets in SE Asia. He has genuine enthusiasm to seek out and source strategic alliances, joint venture partners, technology providers, and investors particularly those interested in production of synfuels and enhanced biofuels by reduced greenhouse gases and low carbon manufacturing methods."
Ash Meier, said of his appointment, "I am proud to be joining Continental's seasoned management team and look forward to meeting the existing Company stakeholders and speaking with interested new ones. We are looking for strategic alliances and joint venture partnerships with new start-ups and other companies who can provide innovative clean energy solutions, equipment, and technology for complementary deployment in Indonesia alongside our Maloy Refinery. Of particular interest to us are proprietary applications in growing and processing second generation biomass and biofuels feedstocks; utilization and storage of carbon captured from exhaust gases from our refinery and biofuels processing-plants; production of fuel grade ethanol from non-food cellulosic biomass sources, and processes for the production of grey, blue, and green shades of methanol and hydrogen. Interested companies, please give me a call, I would like to discuss how we may work together."
On behalf of the company,
Richard L. McAdoo
Chairman and CEO
Media Contact: Ash Meier, +1-604-789-8102 - firstname.lastname@example.org - www.continentalenergy.com
No securities regulatory authority has either approved or disapproved the contents of this news release. We assume no obligation to update its content. Any statements made herein that are not historical or factual at the date hereof are forward looking statements. Many risk factors may cause our actual performance and results to be substantially different from our plans or expectations described in any forward looking statements. Readers are encouraged to refer to the expanded discussion of recognized risks and uncertainties, many of which could detrimentally impact any forward looking statements, that we continuously provide in our regulatory disclosures filed on, and publicly available for view or download from, www.sedar.com or from www.sec.gov/edgar.
Released October 25, 2021