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Petroleum industry

EuroGas Appoints Rudolf Heinz as Director

Strategic Insights

— 1 min read

EuroGas, Inc. has announced the appointment of Rudolf Heinz as a Director, bringing his extensive experience in finance and management to the company. As a prominent figure in the German financial industry, Heinz is expected to provide expert guidance and representation to EuroGas's German shareholder base. With a strong background in asset management and equity research, Heinz's appointment is seen as a strategic move to enhance shareholder value.

Key Takeaways:

  • Rudolf Heinz, former Deutsche Bank Asset Management Executive, joins EuroGas as Director, bringing over 15 years of experience in finance and management.
  • Heinz serves as General Manager of the German Federation of Money Managers, an organization of independent money managers.
  • Prior to his current position, Heinz was manager of the securities department for BHF Bank and responsible for its US, Japan, and UK subsidiaries.
  • Heinz also served as sole General Manager of DB Capital Management GmbH, a Deutsche Bank subsidiary, managing DM 7.5 Billion from 1983 to 1990.
  • EuroGas, Inc. is an international, independent energy company with methane gas concessions in Poland and oil and gas exploration joint ventures in Canada, Poland, the Slovak Republic, Ukraine, and Russia.
  • Heinz's appointment is expected to provide representation and enhance shareholder value for EuroGas's German shareholder base.

Statistics:

  • EuroGas controls methane gas concessions in Poland with an unspecified acreage.
  • The company has oil and gas exploration and development joint ventures in Canada, Poland, the Slovak Republic, Ukraine, and Russia with unspecified acreage.
  • Heinz managed DM 7.5 Billion as sole General Manager of DB Capital Management GmbH from 1983 to 1990.
  • EuroGas, Inc. common stock is traded on the OTC Bulletin Board under the symbol EUGS.
  • EuroGas has joint ventures established in Canada, Poland, the Slovak Republic, Ukraine, and Russia for oil and gas exploration and development.

Sources:

  • "EuroGas Appoints Rudolf Heinz as Director" (PRNewswire, June 14)
  • "About EuroGas" (EuroGas website)
  • "1998 Annual Report on Form 10-KSB" (EuroGas, Inc.)

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