Bonanza Oil & Gas, Inc. Announces New Chief Geologist

HOUSTON--(BUSINESS WIRE)--Bonanza Oil and Gas, Inc. (OTCBB:BGOI), is pleased to announce that Mr. Don Reynolds has joined Bonanza’s Management Team as Chief Geologist.

“We’re pleased to have Don Reynolds join our team. His several decades of experience and leadership in drilling over 300 wells will benefit Bonanza Oil & Gas, Inc. with company management, our acquisition and development models.”

Don joins Bonanza with over 25 years experience as a Geologist and most recently with Smith Petroleum Company. At Smith, Don assumed responsibility for the administrative, operational, financial and legal activities in addition to researching and evaluating drilling prospects. Prior to working with Smith he worked as a Geologist with Tenneco Oil Company and before Tenneco, Don was a Senior Geologist with Cabot Oil & Gas Corp. His areas of expertise are not limited to but include the Gulf Coast of Texas and Louisiana, both onshore and offshore. Mr. Reynolds is a graduate of Louisiana State University.

Bill Wiseman, President and CEO of Bonanza Oil & Gas, Inc., said, “We’re pleased to have Don Reynolds join our team. His several decades of experience and leadership in drilling over 300 wells will benefit Bonanza Oil & Gas, Inc. with company management, our acquisition and development models.”

About Bonanza Oil & Gas, Inc.

Based in Houston, TX, Bonanza Oil and Gas, Inc. holds assets ranging from current producing properties, wholly owned prospects, to developing working interests in Proven Undeveloped (PUDS) properties.

About Viewpoint Securities, LLC.

Viewpoint Securities, LLC is the financial advisor for Bonanza Oil & Gas, Inc. Viewpoint provides investment banking and merchant banking services to emerging companies within the oil and gas, mining and other natural resources sectors. The company’s investment banking specialists are focused on delivering creative corporate finance solutions to fit the specialized needs of our clients. The group is headquartered in La Jolla, California. For more information you can contact the company at [phone] or by email at [e-mail]. For more information go to: www.vpsecurities.com