Mr.Jeffrey Walter Appointed as Adira’s New CEO

- February 27th, 2012

Adira Energy Ltd.(TSXV:ADL) announced the appointment of a new CEO to its board. Mr.Jeffrey Walter left Noble Energy to join Adira Energy. Mr. Hezi Kugler also made the transition from CEO to strategic consultant for Adira Energy.

Adira Energy Ltd.(TSXV:ADL) announced the appointment of a new CEO to its board. Mr.Jeffrey Walter left Noble Energy to join Adira Energy. Mr. Hezi Kugler also made the transition from CEO to strategic consultant for Adira Energy.

As quoted in the press release:

Mr. Walter previously held positions with Noble Energy for 27 years, a large multi-national independent energy company with a market capitalization exceeding US$18 billion. He presided over the team responsible for the largest gas discovery at the time in Israel. He directed programs increasing international oil reserves from 29% to 69% and gas reserves from 6% to 61% of overall corporate reserve base.

Adira, Chairman, Dennis Bennie, said:

We are elated to welcome Jeff as Chief Executive Officer of Adira Energy. Having the experience of a pioneer in the Israel oil and gas sector as senior executive of Noble Energy which made three of Israel’s most significant discoveries to date endows Adira with the necessary technical skill and leadership, as we embark on its drilling program.

Click here to read the Adira Energy Ltd. (TSXV:ADL) press release
Click here to see the Adira Energy Ltd. (TSXV:ADL) profile.

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