CALGARY, Alberta, Jan. 6, 2005 (PRIMEZONE) -- In keeping with its redirected focus to the Petroleum Industry, GOLDNEV RESOURCES INC. (TSX Venture Exchange:GNZ) is pleased to announce that Mr. B.J. Seaman, P.Eng. has consented to join the corporation as Vice President - Corporate Finance. Mr. Seaman brings over 5-1/2 decades of oil and gas expertise to the Company to complement other recent appointments (G. Isfan, P. Geol., President - 47 years; Les Margetak, Chairman - 30 years) for a combined total of over 135 years of experience in essentially all critical phases of the Petroleum Industry.
Mr. Seaman graduated from the University of Saskatchewan with a degree in Engineering in 1946. In partnership with his brother D.K. (Doc) Seaman founded a seismic drilling services company (involved with the discovery by Imperial Oil of the Leduc Oilfield in 1947 and the start of the modern Oil Industry in Canada) to a major drilling contractor with rigs in North America and ultimately offshore drilling platforms in the North Sea. They founded Bow Valley Industries in 1950, which grew into a major oil and gas company with worldwide holdings of over 6.5 million acres, with oil reserves in the range of 100 million barrels and over 1.5 trillion cubic feet of natural gas. The Seaman's sold their interests in Bow Valley to British Petroleums (BP) by 1990 after which they initiated private investment corporations in Calgary.
Mr. B.J. Seaman has served on the Boards of several major oil and gas and financial corporations, and helped to found other oil and gas companies that matured into substantial oil and gas producers. Mr. Seaman has personally funded several charitable hospital foundations in Calgary and in other Canadian cities. The Seaman brothers purchased the Atlanta Flames NHL Hockey team in 1982 and moved it to Calgary. The Calgary Flames won the Stanley Cup in 1989 and are one of the pre-eminent sport franchises in Alberta.
Mr. B.J. Seaman is one of the more prominent and respected Petroleum Industry executives in the Canadian Oil and Gas Industry, and brings much valued expertise and recognition to Goldnev's Executive Board.
In addition, the Company has granted incentive stock options to Mr. Seaman pursuant to its Stock Option Plan, entitling him to purchase 500,000 common shares at a price of $0.30 per share, exercisable for a period of five (5) years.
ON BEHALF OF THE BOARD "George Isfan" George Isfan, President and Chief Executive Officer
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