








X-Change Corporation Appoints the Addition of Two New Directors With Commitments of $10 Million Funding for Oil and Gas Project
Published in Business and Finance on Monday, March 26th 2012 at 6:08 GMT by Market Wire

March 26, 2012 09:00 ET
X-Change Corporation Appoints the Addition of Two New Directors With Commitments of $10 Million Funding for Oil and Gas Projects
DALLAS, TX--(Marketwire - Mar 26, 2012) - X-Change Corporation (
Robert Nourse, President of The X-Change Corporation, has more than 14 years of progressively responsible experience raising private capital for the exploration and drilling of oil wells in excess of $100 million. Robert has led these companies in the start-up and growth phase by providing clients with superior leadership during critical transition phases. The X-Change Corporation welcomes their experience and knowledge in leading the company. Robert Nourse has commitments of $10 Million of immediate funding to X-Change Corporation.
With a strong knowledge of finance in the oil and gas industry, Mr. Nourse has been responsible for raising funds for wells spanning from North Dakota to Texas. He has experience in all aspects of venture capital, private placement, equity, mergers and acquisitions, and joint venture.
Among his significant previous positions, Mr. Nourse was an independent Petroleum Land man for Chesapeake Energy Corporation, the second-largest producer of natural gas, and top 15 producer of oil and natural gas liquids in the United States for the past six years.
Graciela Moreno joins X-Change Corporation as Vice President, to assist in implementing the vision, mission, and overall direction of the company. With years of experience in the Oil & Gas Industry, and applying a strong expertise in result-driven, long-term strategic planning, Graciela Moreno will be a welcome addition to X-Change Corporation.
Prior to joining X-Change Corporation, Ms. Moreno has been a leader in corporate business development, new client systems, and assisted in exploration and development in both the upstream and downstream sectors of oil and gas. She managed a diverse project portfolio, including managed marketing systems, product feasibility profiles, and customer satisfaction measurement. She was involved in exploring joint venture opportunities with individuals and companies in the Oil & Gas industry. In her first three months, Graciela increased the firm's consulting investment revenues by 20%. Ms. Moreno participated in raising over $3 million in venture capital to finance various joint ventures.
Ms. Moreno started her career in the Oil & Gas Industry as a Petroleum Landman determining ownership in minerals through the research of public and private records and negotiating for the acquisition or divestiture of mineral rights in both the Barnett and Haynesville Shale.
About X-Change Corporation
X-Change Corporation is building interests in a broad range of oil and gas projects worldwide. The Company is an independent energy company engaged in the production, development, acquisition, exploitation and exploration of crude oil and natural gas.
This Press Release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. A statement containing works such as "anticipate," "seek," intend," "believe," "plan," "estimate," "expect," "project," "plan," or similar phrases may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the future U.S. and global economies, the impact of competition, and the Company's reliance on existing regulations