Church & Crawford Inc announces the appointment of a new board of directors and a new CEO

 

Church & Crawford Inc (CCWF) is an oil and gas exploration and production (E&P) company focused on proven fields exploited by well-managed independent oil companies extracting reserves at lower risk and lower cost than unproven prospects. We are focused on domestic and international areas where major oil and gas producing companies have reduced their exploration efforts in search of larger reserves.

Management is pleased to announce new appointments as the company moves into the next phase of development and production. Effective immediately the board has accepted the appointment of Ivan Mondragon as CEO, President, and Director; his leadership and efforts as an active shareholder played a critical role in the development and success of the organization along with a suitable management team to grow the company. The shareholders and board of directors have approved appointing Timothy Roberson as Vice-President of Finance and Director, and Calvin Jones as Vice-President Exploration Development and Director.
The team combines more than 60 years of oil industry experience with more than 40 years of operational and managerial experience in oil and gas exploration, development, and acquisitions. These appointments represent significance in bringing additional Oil and Gas expertise and oversight of the continuance of the current operations.
Mr. Mondragon has also served on the Boards of various public companies in the past, particularly in Mining and Oil & Gas. As an Engineer with a wealth of experience and knowledge in upstream operations, management, and regulatory compliance will serve a key function in supporting Church & Crawfords core business.

Legal Notice Regarding Forward-Looking Statements:
This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those sections. About Church & Crawford Inc. Headquartered in Houston, Texas, Church & Crawford Corporation is a public traded company (CCWF). Church & Crawford Inc is an independent oil and gas company. The company is acquiring oil and gas leases, producing properties, mineral rights, and surface interests. Once acquired, the company intends to develop each property to maximize the income from each property by refurbishing and improving the existing production. Forward-Looking Statements: can give no assurance that such expectations will prove to be correct. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. Factors that could cause the companys actual results to differ materially from those expressed or implied by forward-looking statements include, but are not limited to: The success of the companys exploration and development efforts; the price of oil, gas, and other produced gasses and liquids; the worldwide economic situation; changes in interest rates or inflation; the ability of the company to transport gas, oil, and other products; the ability of the company to raise additional capital, as it may be affected by current conditions in the stock market and competition in the oil and gas industry for risk capital; the companys capital costs, which may be affected by delays or cost overruns; cost of production; environmental and other regulations, as the same presently exist or may later be amended and the companys ability to identify, finance and integrate any future acquisitions. You are urged to carefully review and consider the cautionary statements and other disclosures. Forward-looking statements speak only as of the date of the document in which they are contained, and Church & Crawford does not undertake any duty to update any forward-looking statements except as may be required by law. The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers’ preferences and trends. The words “estimate,” “possible,” and “seeking” and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements. 2022 Church & Crawford Inc. The information herein is subject to change without notice. Church & Crawford Inc shall not be liable for technical or editorial errors or omissions contained herein.

Shareholder inquiries:
info@Church-Crawford.com

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