Cheyenne Resources Corp. Names Robert A. Bell as a Corporate Director and Head of the Company's Executive Advisory Committee


BAKERSFIELD, Calif., Sept. 14, 2009 (GLOBE NEWSWIRE) -- Cheyenne Resources Corp. (OTCBB:CYRS), which focuses on the potential for major exploration and production reclamation projects in the oil and gas sector, today announced the appointment of Robert A. (Bob) Bell as a Corporate Director, as well as the head of the company's Executive Advisory Committee.

"We are extremely fortunate to have Bob Bell join our company in these capacities," said Cheyenne Resources President Thomas J. Cunningham. "Bob has a 30-year, diverse, international and multi-disciplined engineering and progressive management and executive background, including key management roles facilitating the evolution of start-up and /or small independents into much larger and profitable oil and gas entities. His career spans several highly successful companies including major Operators including Exxon and Unocal, independent operators such as Plains E&P, and the service sector including Schlumberger.

"Over the last several years, Bob has successfully served in such executive roles as Vice President-Operations, Vice President-Exploitation, and President / Chief Operating Officer for small to mid-cap, private and public, independent oil companies with wide-ranging operating assets including California, the Rockies, the Gulf Coast, South & East Texas, and the Mid-Continent region.

"His technical and management career," Cunningham reported, "spans the full spectrum of oil and gas developments and petroleum engineering disciplines -- from exploration and conceptual engineering to asset exploitation and field operations -- from world-class, grass-roots assets such as Prudhoe Bay and offshore Australia to mature and marginally economic field developments in several domestic oil & gas basins.

"He has a proven track record of leading year-over-year continuous improvements in production, reserves, capital efficiency, and cash flow with strict adherence to safety, the environment, regulatory compliance, and fair and consistent business practices. Bell is a graduate of Penn State University, with a degree in Petroleum & Natural Gas Engineering, and has also taken numerous executive business and management development courses."

Safe Harbor Statement

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations or beliefs, including, but not limited to, statements concerning the company's operations, financial performance and condition. For this purpose, statements that are not statements of historical fact may be deemed to be forward-looking statements. The company cautions that these statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, but not limited to, the impact of competitive products; pricing and new technology; changes in consumer preferences and tastes; effectiveness of marketing; changes in laws and regulations; fluctuations in costs of production; and other factors as those discussed in the company's reports filed with the Securities and Exchange Commission from time to time, available at www.sec.gov. In addition, the company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.



            

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