Attached files
file | filename |
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8-K - FORM 8-K - GASCO ENERGY INC | d74036e8vk.htm |
EX-4.3 - EX-4.3 - GASCO ENERGY INC | d74036exv4w3.htm |
EX-3.1 - EX-3.1 - GASCO ENERGY INC | d74036exv3w1.htm |
EX-4.2 - EX-4.2 - GASCO ENERGY INC | d74036exv4w2.htm |
EX-4.1 - EX-4.1 - GASCO ENERGY INC | d74036exv4w1.htm |
EX-99.1 - EX-99.1 - GASCO ENERGY INC | d74036exv99w1.htm |
EX-10.1 - EX-10.1 - GASCO ENERGY INC | d74036exv10w1.htm |
EX-10.2 - EX-10.2 - GASCO ENERGY INC | d74036exv10w2.htm |
EX-99.2 - EX-99.2 - GASCO ENERGY INC | d74036exv99w2.htm |
Exhibit 99.3
For Release at 8:00 AM EDT on Monday, June 28, 2010
Gasco Energy Appoints New Independent Board Member
DENVER June 28, 2010 /PRNewswire-FirstCall/ Gasco Energy (NYSE Amex: GSX) today
announced the that Gascos Board of Directors appointed Mr. Dean Furbush to serve as a director of
the Board effective as of June 25, 2010. The appointment of Mr. Furbush brings the total number of
directors to seven, six of whom are independent. Mr. Furbush is expected to stand for reelection
at the 2010 Annual Meeting.
Mr. Furbush is the president of College Summit, a position he has held since July 2007 after
spending six months working with the organization to redesign key business systems. Previously,
Mr. Furbush served as Chief Executive Officer of FreshDirect, after being hired as Chief Operating
Officer in 2003. He served at the NASDAQ Stock Market, as Chief Economist and then Executive Vice
President of NASDAQ Transaction Services. Before this, Mr. Furbush was Senior Economist at
Economists Incorporated, a position he held from October 1990 to June 1995. Mr. Furbush served as
Economic Advisor to the Chairman, Commodity Futures Trading Commission, from October 1989 to August
1990, and Financial Economist at the Securities and Exchange Commission, Office of Economic
Analysis, from June 1987 to October 1989. Mr. Furbush has held teaching positions at Virginia
Polytechnic Institute and State University and at the University of Maryland. From June 1985 to
September 1986, and again in January 1987, he was a consultant and junior staff economist in the
Executive Office of the President of the United States, Council of Economic Advisers. Mr. Furbush
was a research associate at the Center for Naval Analyses, Marine Corps Operations & Analysis
Group, from October 1982 to June 1985. He received a B.A. in Economics from the University of
Washington, and an M.A. and Ph.D. in Economics from the University of Maryland.
On behalf of the Board of Directors, I would like to welcome Mr. Furbush to the Gasco Board, said
Charles B. Crowell, Gascos CEO and a director. The Board looks forward to serving with him as we
continue our best- practice corporate governance having now added another independent director to
the Board.
Mr. Furbushs appointment to the Board of Directors is in conjunction with the previously announced
closing of the exchange of the 5.5% Convertible Notes as part of a separate Investor Rights
Agreement. The Investor Rights Agreement grants specified note holders, so long as they hold more
than 20% of common shares outstanding (including notes and preferred stock as if converted into
common without regard to the limitations on conversion in the notes and the preferred stock), the
right to have Board representation in the form of one Board member to be nominated by such note
holders and then to be elected by the Board, subject to the terms and conditions set forth in the
Investor Rights Agreement.
Contact for Gasco Energy, Inc.: Investor Relations: 303-483-0044
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