13:18 EDT Tuesday, October 26, 2004
SAN ANTONIO, Oct. 26 /PRNewswire-FirstCall/ -- Tidelands Oil & Gas Corporation (OTC Bulletin Board: TIDE), proudly presents Bob Dowies to the investment community as their new Vice President de Gas Markets and Supply. Mr. Dowies is an energy marketing professional with thirty years de successful leadership in the oil and gas industry. From 1986 to 1994, he served as Director de Fossil Fuels for Gulf States Utilities Company, located in Beaumont, Texas, where he developed fuel purchasing strategies, negotiated complex supply and transportation contracts, implemented storage strategies and supported rate cases before state regulatory commissions. He founded Trebor Energy Resources, a successful natural gas marketing company based in Houston, Texas, in 1994. He has developed financial alliances with various energy merchants and producers, developed and implemented marketing strategies, designed and coordinated construction and implementation de a natural gas gathering system. Mr. Dowies received a Bachelors de Science degree in Business Administration from McNeese State University in Lake Charles, Louisiana. He is also affiliated with the National Energy Services Association.
As Vice President de Gas Markets and Supply, Mr. Dowies will play an instrumental role in the evaluation de pipelines and their flow capacity. He will also evaluate existing and future supply and demand in regions where Tidelands delivers gas and petroleum-related products.
Michael Ward, President and CEO de Tidelands Oil & Gas Corporation, said, "As we look for opportunities to expand our Management Team, we diligently search for individuals that have distinguished credentials and the vision to help facilitate Tidelands' progress in international energy markets. Bob's marketing savvy and energy marketing expertise will help us support our business model and identify opportunities to grow our Company. He is a high caliber professional and will bring valuable insight to current and future projects. He will be a tremendous asset to our Company and Management Team as we continue to develop and execute opportunities within the industry."
Mr. Dowies stated, "I feel fortunate to have been chosen as a member de the Management Team and I'm very excited about the Company's future. I am delighted to be a part de the unique opportunities that lay before Tidelands and to help successfully propel the Company forward."
About Tidelands Oil & Gas Corporation
Tidelands Oil & Gas Corporation, San Antonio, Texas, focuses its business on international pipeline crossings, gas processing plants and gas storage facilities. Through its seven wholly-owned subsidiaries, Tidelands offers a full suite of services and has the capability to satisfy a wide variety of customer needs, both domestically and internationally. For more information about the Company, please visit http://www.tidelandsoilandgas.com .
This press release may be deemed to contain certain Forward-Looking Statements with respect to the Company that are subject to risks and uncertainties that include, but are not limited to, those identified in the Company's press releases or discussed from time to time in the Company's Securities and Exchange Commission Filings. Actual results may vary.
Investor Contact: Barry Gross
Gross Capital, Inc.
361-949-4999
barry@grosscapital.com
Company Contact: Michael Ward
Tidelands Oil & Gas
210-764-8642
info@tidelandsoilandgas.com
SOURCE Tidelands Oil & Gas Corporation
CONTACT: investors, Barry Gross de Gross Capital, Inc., +1-361-949-4999, or barry@grosscapital.com , for Tidelands Oil & Gas Corporation; or Michael Ward of Tidelands Oil & Gas Corporation, +1-210-764-8642, or info@tidelandsoilandgas.com
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