OKLAHOMA CITY, OK -- (Marketwire) -- 07/08/10 -- Bedford Energy, Inc. (PINKSHEETS: BFDE) has announced the resignation of its CEO and President, Harvey S. Bryant, effective July 1, 2010. Mr. Bryant is replaced by Bruce Scambler as CEO and President. Mr. Scambler will also serve as the Chairman of the Board of Directors. Mr. Bryant will remain a consultant to the company and will continue to serve on the Board of Directors. Mr. Scambler brings extensive experience in oil & gas, energy, and alternative energy related projects. He will be implementing new opportunities and finance to expand the company and hire additional team members to build out the management team.
About Bedford Energy:
Bedford Energy, Inc. is a public company trading under the symbol BFDE that is engaged in the exploration, development and exploitation of natural gas and oil properties in the mid-continent and gulf areas of the United States. Bedford strives to enhance investor value by expanding oil and natural gas reserves raising production levels and increasing cash flow. Bedford intends to increase shareholder value through developmental drilling in proven producing areas.
Bedford Energy, Inc.
6301 Waterford Blvd., Suite 403
Oklahoma City, OK 73118
Office: (405) 601-9745