Breitling Announces New Managing Director (16. Juni 2014, 18:56 Uhr)

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Breitling Announces New Managing Director

Nachrichtenquelle: Business Wire (engl.)

| 16.06.2014, 18:56 |

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Breitling

Energy Corporation (OTC:BECC) (“Breitling”) announced that, as of

June 1, 2014, David Kovacs will act as Managing Director of Strategic

Development. Mr. Kovacs will help executive management with strategic

alliances.

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He is also currently the head of Investment Banking, Private Equity and

Research for the Americas for Fitch Learning (Fitch Ratings).Â*Prior to

Fitch, Mr. Kovacs was a Managing Director at The Hinduja Group, one of

the largest diversified finance groups in the world with over $50

billion under management, where he spearheaded the group's private

equity investments and strategic relationships.Â*He has held various

Investment Banking and Private Equity roles at Blackstone Group and

Citigroup.

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Mr. Kovacs has and continues to lecture at many of the leading

investment banks, private equity firms, sovereign wealth funds and

government agencies, including the Securities & Exchange Commission, New

York City Controller Office, Abu Dhabi Investment Authority, JP Morgan

Chase, Barclays, Citigroup, RBC, RBS, Lazard, Morgan Stanley and

Deutsche Bank. Mr. Kovacs earned a bachelor's degree with a double major

in Economics and Finance, and a minor in Accounting and Political

Science, whereÂ*he completed all University course requirements in two

years.Â*He attended Columbia University and the City University of New

York.

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“I am very pleased and honored to be joining Breitling Energy,” said Mr.

Kovacs. “I look forward to working with Breitling team members worldwide

to build upon the Company’s excellent reputation, and to help fuel

growth and long-term performance through innovation and relentless

focus.Â*It’s an exciting time to be joining Breitling.” Chris Faulkner,

Breitling’s Chief Executive Officer, President and Chairman, stated: “We

are pleased to add David Kovacs to the Breitling team and look to his

experience for continued superior results for Breitling.”



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ABOUT BREITLING ENERGY CORPORATION

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Breitling Energy Corporation is a growing energy company based in

Dallas, Texas engaged in the acquisition of lower risk onshore oil and

gas properties and the exploration and development of such properties.

We intend to utilize a combination of acquisitions and growth through

the drill-bit to increase reserve and production value. Our oil and gas

operations are focused primarily in the Permian Basin of Texas and the

Mississippi oil window of southern Kansas. We also have various

properties in Texas, North Dakota, Oklahoma and Mississippi.



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