VANCOUVER, British Columbia, May 17, 2002 (PRIMEZONE) -- Priority Ventures Ltd. (CDNX:PVS) is pleased to announce the Honorable A. Brian Peckford P.C., LLD (honoris causa) will be joining the Board of Directors.
Mr. Peckford was Premier of Newfoundland between 1979-1989. Prior to becoming Premier he held the post of Minister of Mines and Energy (1976-1979). Mr. Peckford oversaw the development of Canada's East Coast oil and gas industry and was responsible for establishing the framework within which projects such as the Hibernia Oil Project could advance. Newfoundland's economy is one of the most robust in the country attributable almost entirely to its Energy Sector.
Mr. Peckford presently resides on Vancouver Island and is the Chairperson of the Pacific Offshore Energy Group (POEG). This group is a registered non-profit society and its members are businesses and professional people with relevant experience and knowledge on energy issues. The Society's primary function is to ensure that the people and businesses of Vancouver Island derive maximum benefit from potential offshore energy development.
Mr. Peckford's proven leadership and experience in the development of new oil and gas Basins will have significant benefits to Priority in the coming years. Over the next few months Priority will be further enhancing its team to meet the challenges rapid growth will impose.
For investor relations see our website at www.priority-pvs.com or call 1-877-212-3233.
On behalf of the Board of Directors, "Neil Swift" NEIL SWIFT President
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