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Mr. Guidi stated, "I am extremely excited to become involved again with Trans-Orient. In today's complex, high-cost environment, creating opportunity, and more importantlycreating long-term value for shareholders, has become even more challenging for small independents. With Trans-Orient, I'm joining a strong team with an outstanding track record that understands the distinct challenges - and significant opportunities - that oil and gas companies face in the region. That's what has motivated me to rejoin the Australasian venture I incubated several years ago, as we work to energize Trans-Orient to the next level of its corporate development."
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