|August 31, 2011|
Nimin Energy Corp. Names Scott Dobson Chief Operating Officer
|CARPINTERIA, CA - August 31, 2011 - NiMin Energy Corp. (TSX: NNN and OTCQX: NEYYF) ("NiMin" or the "Company") today announced that Scott Dobson, currently Vice President of Operations, has been promoted to Chief Operating Officer, effective September 1, 2011. In addition to managing all of NiMin's oil field operations, Mr. Dobson will be leading the Company's efforts to develop and commercialize proprietary enhanced oil recovery ("EOR") technologies, including the patented Combined Miscible Drive ("CMD").|
Mr. Cottman said, "I would like to congratulate Scott Dobson on his well-deserved appointment to Chief Operating Officer. Scott has been instrumental in the efficient execution of our development plans, meeting production and cost targets and rapidly advancing the application of our proprietary EOR technologies. We have all been extremely impressed with his knowledge, creativity and work ethic. We look forward to his continued contributions."
Mr. Dobson said, "NiMin is a unique company with an advanced approach to enhancing production. I am extremely pleased to have the opportunity to work with savvy oil industry veterans to develop new and exciting methods to extract oil efficiently and responsibly. Through our enhanced oil recovery expertise, we will continue to identify and advance technologies that provide the Company with a competitive advantage and create value for all stakeholders."
Mr. Dobson has over fifteen years of industry experience managing drilling, completion and producing operations in over a dozen states, including extensive experience in Wyoming. He joined NiMin in June of 2008 as an Operations Manager and was promoted to Vice President of Operations in January of 2011. Prior to NiMin, Mr. Dobson worked at Merit Energy Company for seven years in increasingly senior positions. Most recently, he served as Operations Manager for Merit's East Rockies region, where he was responsible for the financial results of that business unit. Before joining Merit Energy, Mr. Dobson worked at Burlington Resources Oil & Gas Company as a Reservoir and Production Engineer. At Burlington, he was responsible for identifying over 1,000 re-stimulation, re-drill, and new drill projects. Mr. Dobson graduated from Montana Tech with a Bachelor of Science in Mining Engineering.
Jonathan Wimbish, CFA
NiMin Energy Corp.
Chief Financial Officer
+1 (805) 566-2900
Dan Gagnier/Jared Levy
Sard Verbinnen & Co
+1 (212) 687-8080
About NiMin Energy
NiMin is a California based independent oil and gas exploitation and production company with principal operations in the Bighorn Basin of Wyoming, the San Joaquin Basin in California and South Louisiana onshore areas of the U.S. The Company has over 27 million barrels of proved and probable reserves, 97% of which are oil.
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