Millennium Energy Corporation Announces Appointment of Chief Executive Officer

Millennium Energy Corporation announces appointment of William W. Daily as Chief Executive Officer.

Dec. 30, 2014

OTC Disclosure & News Service Millennium Energy Corporation announces appointment of Chief Executive Officer

PR Newswire

NEW YORK, Dec. 30, 2014

NEW YORK, Dec. 30, 2014 /PRNewswire/ -- Millennium Energy Corporation (OTC Pink: MENC) is pleased to announce the appointment of William W. Daily as Chief Executive Officer

About William W Daily

He is Experienced in Global Operations / Startups / Turnarounds / Mergers & Acquisitions a Specialist he has worked in Blue Chip Large Oil and Gas Co’s Has a Corporate Background at —ARCO, Occidental Petroleum And has Mid-Size & Small oil and Gas Company Experience—with Nelson, Skana, Hondo

William Daily is A proven Fortune 500 executive and entrepreneur, Mr. Daily possesses more than 35 years experience in executive management, global business development, and oil and gas operations. His versatility as a business leader is evidenced by a strong track record as a low cost producer, by improving efficiencies, managing costs and maximizing profitability for large, mid-size, and small companies. With a leadership philosophy emphasizing his personal formula of communication, coordination, cooperation and collaboration, Mr. Daily has a team- oriented management style that generates positive results by cutting costs without compromising quality or safety. He is known for his expertise in creating solutions to complex issues involving change, turn-around and rapid growth in periods of economic uncertainty. He is also noted for his ability to build mutually beneficial relationships within diverse cultures with host governments and creating global strategic alliances.

Mr. Daily rapidly rose through the ranks during a 20-year career at ARCO, in engineering and then in executive management for this global leader in the energy industry (1969-1989). From 1989 to 1993, he was Vice President International Operations at Hondo Oil & Gas. He then moved to Occidental Oil & Gas from 1994 to 1997, where he served as an advisor to senior management. He was President of a subsidiary of Seven Seas Petroleum, from 1998 to 2000.

In 2003, Mr. Daily became a Director of Nelson Resources, and later that year accepted the position as Director General of Kazakhoil-Aktobe, a 50/50 LLP between Nelson and the Kazakhstan National Oil Company. As a result of the business practices he instituted at KOA, the company was awarded the Gold Medal by The Foundation for Excellence in Business Practices – Geneva, for its outstanding corporate governance practices. In 2005, Nelson sold its Kazakhstan interest to Lukoil at a substantial profit. From 2006 to 2009, Mr. Daily was a member of the Board of Skana Capital Corp. He continues to serve as an energy consultant to this Canadian merchant bank. From 1994 to present, Mr. Daily has served as CEO of Centaur Royalty Corporation, responsible for leading business development activities and numerous management consulting engagements on behalf of Centaur in the energy and natural resources industries. Mr. Daily possesses a BS in Petroleum Engineering from Montana Tech. He has received the Distinguished Alumni Award from his University. With a life-long commitment to higher education, Mr. Daily was selected to create a strategic business plan for Stanford University’s Petroleum Investments Committee, and currently serves as a member of this twelve- member executive board. He is also the Founder and a past Chairman of the Montana Tech Petroleum Engineering Curriculum Advisory Board, and a past Director of the Montana Tech Foundation. Mr. Daily is a member of the Board of Governors of the Institute of the North Foundation (Arctic sustainable development). He was Chairman of ARCO’s Mid-Continent Civic Action Program, and a member of ARCO’s Alaska Native Corporation Cooperation Committee. He has served on the International Committee of the Independent Petroleum Association of America. He was Chairman of the Alaska Section of The Society of Petroleum Engineers, and Chairman of its annual Community Relations Night. He was a Founder and Director of the US/Pakistan Business Council. KAZAKHOIL-AKTOBE LLP 2003 – 2005 Aktobe, Kazakhstan Director General At the request of the Chairman, several key directors and major shareholders, Mr. Daily was seconded by Nelson Resources Limited to be Director General of Kazakhoil-Aktobe LLP (KOA). KOA was a 50/50 limited liability partnership between Nelson and Kazakhstan’s National Oil Company, KazMunaiGaz. He was headquartered in Aktobe, Kazakhstan, where he managed a staff of 450 Kazakh employees, and more than 1000 contractor personnel. Annual budgets were $200 million US. Under his leadership, KOA’s production tripled in a little over two years to an average of 45,000 BOPD, and Nelson’s stock price increased from $0.30 CDN/share to $3.00 CDN/share. Nelson was ultimately sold to Lukoil in December 2005 at a substantial profit – $3 billion US – $2.85 US/share.

As a result of the business and management practices focusing on self-initiative and integrity which Mr. Daily employed at KOA, the company was awarded the Gold Medal by The Foundation for Excellence in Business Practices – Geneva, for its outstanding corporate governance practices. Transequator, LLC – Transequator has been formed to pursue mining, energy, and agriculture opportunities primarily in Central Africa, and Central Asia. Mr. Daily works directly with government authorities in a number of countries, venture capitalists, and with the Transequator founders, creating and implementing business plans necessary to initiate environmentally- responsible resource ventures. Centaur Royalty is one of the three founding members of Transequator, LLC

Invecture Group, S.A. de C.V. – A subsidiary of Grupo Salinas, Invecture retained Mr. Daily to lead its evaluation of major investments in oil and gas exploration and poduction ventures. Mr. Daily evaluates economic, technical, and operational investment data, advising and directing Invecture’s decisions. Kinyeti Development, LLC – Lead consultant for Kinyeti’s efforts to build, own and operate an integrated oil refinery and electric power station in the new nation of South Sudan. The pre- feasibility study has been accepted by the Government. Commitments from the Government required to attract the $200 million in private financing needed for the project are under negotiation at this time. Impact Petroleum Corporation – Impact’s investors recruited Mr. Daily as CEO and President to build an independent oil and gas producing company from the ground floor up. Impact’s investors suffered serious financial setbacks during the global financial collapse in 2008. Unable to provide necessary working capital, the company’s major assets were reassigned to the original leaseholder. With the resignation of all directors and officers, Impact is currently inactive. Bev de Mexico SA de CV – Founder and Managing Director. Spearheaded the work effort required to fund and implement a world-scale integrated energy project, consisting of an LNG import terminal, an electric power plant, and seawater desalination plant on the western coast of Baja California. The natural gas and electric power were targeted for delivery to markets in Mexico, California, the Southwestern US, and the zone of opportunity straddling the US – Mexico Border. Engineered Security Solutions LLC – Founder and Managing Director. Engineered Security Solutions is a Disabled Veterans Business Enterprise. It was a unique security company that provided fresh and innovative security and counter-terrorism programs to client entities, enhancing the ability of private companies and the public sector to harden defenses and to meet terrorist threats head-on. In collaboration with the respective client management teams, ESS designed systems and processes to maintain the continuity of any business or government entity at time of crisis. Big Basin Petroleum, LLC and Conquest Energy Services, LLC – Working directly with the Managing Partner of this coalbed methane production Company and drilling contractor in Wyoming, Mr. Daily was actively involved in raising capital and developing strategies to enhance profitability and to capitalize on the company’s presence in the Powder River Basin. Robert O. Anderson and Hickel Investment Company – Mr. Daily partnered with Robert O. Anderson to provide consulting and advisory services for a number of energy related businesses. They worked continually with former Alaska Governor and US Secretary of Interior, The Honorable Walter J. Hickel, to develop a strategy to convene a natural gas project to commercialize the 50 TCF of proven gas reserves on Alaska’s North Slope. A similar strategic analysis was undertaken for the 10 TCF of Canadian Mackenzie Delta gas reserves. PLASMA, Inc. – Mr. Daily reported to the CEO of this startup new technology co-generation Company. Plasma’s prototype burns low quality fossil fuel in an environmentally benign process to produce steam for electricity generation and nitrogen and carbon dioxide for enhanced oil recovery operations. Mr. Daily led capitalization and marketing activities related to the commercialization of this advanced co-generation technology. This process is also eligible to receive CO2 credits. Epic Energy, Inc. – Mr. Daily served as a “loaned” COO to this Canadian independent from 1997 to 1998. He held complete P&L and operational responsibility for this startup’s oil properties in Crimea, Ukraine with 85 employees and a $15 million budget. He successfully applied “fit-for-purpose” technology to maximize development and exploration opportunities despite a limited capital base. He also developed and implemented a strategy to monetize these marginal properties through merger, asset trades, and/or sale.

Arakis Energy Corporation – In this role, Mr. Daily reported to the Board and CFO of a $200 million Canadian independent. He developed and implemented a strategy for the Company’s participation in a major US property acquisition. He coordinated the selection of independent consulting engineers, and directed communications with investment bankers. He was recruited to be the COO, but declined to serve because the US Government sanctions against Sudan.

Stanford University Petroleum Investments Committee – In connection with the endowment of Stanford University’s Petroleum Investments Committee, Mr. Daily led the Executive Committee in developing a strategic business plan designed to maximize the Fund's growth and distributions. Since implementation of the strategic plan, the estimated market value of the assets (now $40 million) and the resulting annual contribution ($1.3 million) to Stanford’s School of Earth Sciences, the fund’s beneficiary, has increased in excess of five-fold. Mr. Daily serves on the twelve-member executive board as its only non-alumnus member. NATCHIQ, Inc. – Mr. Daily worked with the President and CEO of this Alaska Native engineering and construction Company to develop a strategy for the initiation of an international business unit.

SEVEN SEAS PETROLEUM 1998 – 2000 Houston, Texas and Bogotá, Colombia

Corporate Senior Vice President and Director / President of GHKCC (operating subsidiary) Mr. Daily also negotiated a first-of-its-kind Amendment Agreement to the Colombian Association Contract with Colombia’s National Oil Company, Ecopetrol. The Amendment allowed for the generation of early cash flow from test production, and provided a more favorable allocation of revenue. In addition, Ecopetrol waived its 50% share of production until the costs of the test production were fully recovered.

OCCIDENTAL OIL AND GAS CORPORATION 1994 – 1997 Bakersfield, California Advisor to Senior Management Reporting to the Executive Vice President of Worldwide Exploration and Commercial Development for this $7 billion Company, Mr. Daily formulated strategic assessments of natural gas for senior management, including value-added opportunities. He led a multi-disciplinary team that created an innovative natural gas strategy to commercialize the Company’s international gas portfolio, including coalbed methane and LNG. He also developed business and strategic plans for Occidental’s Bangladesh and Pakistan operations, and developed strategies for the Company’s negotiations with the Vietnamese Government and with the Company’s Philippine partners and government officials.

Among his many accomplishments he provided hands-on guidance for Oxy’s independent power production group in formulating and presenting its project proposal to the Bangladesh and Philippine governments. He led discussions with the International Finance Corporation (IFC), a division of the World Bank that resulted in the Company’s first business venture and funding agreement with this agency.

HONDO OIL & GAS COMPANY 1989 – 1993 Roswell, New Mexico Vice President, International Operations Reporting to Robert O. Anderson, the Chairman and CEO of this $250 million exploration and production Company, Mr. Daily created a managed-risk strategy and launched the Company’s active participation into the international oil and gas business. He held complete P&L responsibility, and his overall contribution included not only successfully concluded deals, but also deals that were rejected due to unacceptable levels of risk. He spearheaded the acquisition of the Opon Project in Colombia for $5 million, and subsequently negotiated a $50 million partial divestiture. He also managed the Company’s exploration, operations, and gas marketing operations for this Project.

Mr. Daily played a key role for the Company in developing and implementing a successful gas marketing partnership with Cook Inlet Region, Inc., an Alaska Native Corporation, and Houston Natural Gas Company. He also served on the Operating Committee and Board of Directors of this Company. He successfully formulated and negotiated a joint venture agreement with The Wing Group to develop independent power projects in Colombia and China.

ARCO INTERNATIONAL OIL & GAS COMPANY 1983 – 1989 Los Angeles, California Vice President, China, Middle East, and Africa Region 1985 – 1989

Capping a distinguished career with this global energy leader, Mr. Daily was promoted to Vice President, China, Middle East, and Africa Region for ARCO International, a $1.5 billion division with 1,500 employees. He held complete P&L responsibility for the Company’s most diverse operating region, which had a $70 million annual budget and a multinational work force. The operations consisted of gas/condensate production in Dubai and exploration in Turkey, Egypt, and the Middle East.

Mr. Daily served on the Boards of Directors of ARCO International’s major operating subsidiaries including: ARCO International Services, ARCO China, ARCO Dubai, ARCO Turkey, ARCO Nile, ARCO Colombia, ARCO Indonesia, ARCO Norway, ARCO UK, ARCO Netherlands, and Sinclair Venezuela.

Vice President, Engineering and Technology 1985

Reporting to the President of ARCO International, Mr. Daily directed all engineering and technical support for the Company’s operating regions. He managed a staff of 130 and also provided international crude oil and marketing services to the corporation. Mr. Daily’s success in this role led to his rapid promotion to Vice President of China, Middle East, & Africa Region.

Coordinator, China Gas Project 1983 – 1985 In this role, Mr. Daily led a multi-disciplinary team that educated the Chinese on various commercial applications of natural gas – converting gas to cash -- in connection with a major gas field discovery in the South China Sea. He developed the strategy and directed a team of ARCO employees and outside experts charged with demonstrating to the Chinese government that a major offshore natural gas discovery could be internally commercialized. Mr. Daily negotiated the first-ever natural gas contracts with the Chinese Government – contracts that were necessary to initiate a groundbreaking $3 billion integrated natural gas project. He was promoted to Vice President, Engineering and Technology.

Planning Manager 1983

Reporting to the Vice President Financial Controls and Planning, Mr. Daily led the team that created a strategic plan for the Indonesian Operations, and developed the Company’s long-range business plan. He was promptly promoted to Coordinator China Gas Project.

ARCO OIL & GAS COMPANY 1969 – 1983 Tulsa, Anchorage, Midland, and Denver Mr. Daily began his career as an Operations/Analytical Engineer with ARCO in 1969 and progressed through numerous challenging engineering and operations assignments. He managed a high pressure gas miscible displacement project, spearheaded the utilization of reservoir simulation models as practical reservoir management tools, developed the “bubble mapping” injection mapping technique, lead OCS Lease Sales Evaluation, and managed groups of engineers, economists, and operations people in operated and non-operated projects in the Rockies, Permian Basin, Mid-Continent Region, and Alaska.

He was promoted to Engineering/Operations Manager for ARCO Alaska Exploration in 1981, where he led the Alaska Task Force that developed a Company-wide, risk-managed exploration evaluation and operations strategy. He was then promoted to Planning Manager for ARCO International in 1983.

Mr. Daily received his BS in Petroleum Engineering at Montana Tech in 1969. He received the 2006 Distinguished Alumni Award from his University. During his ARCO career, he completed numerous advanced professional training courses in executive management and leadership.

The company’s Chairman Irving Aronson said: “We are delighted to have the good fortune to have secured the services of William Daily as Chief Executive Officer, for Millennium Energy, with his extensive oil and gas experience, management and corporate finance knowledge and broad commercial sense not to mention his substantial oil and gas industry contacts built over 35 years in the oil and gas business, he will be a great credit to the company and add immense value to the company for the shareholders. We look forward to working closely with Bill in future as we continue to develop Millennium Energy as an Oil and Gas and renewable energy company

About Millennium Energy Corporation:

Millennium Energy Corp has a 50 % joint venture interest with Westoil LLC, a Russian Oil and Gas Company to explore two vast oil blocks in the Sakhalin Region, Federal Republic of Russia, an area that holds one of the world’s largest known Natural Gas resources in excess of 14 billion bbl of oil equivalent in Natural Gas and has attracted the largest foreign direct investment into Russia as consortiums made up of Exxon, Shell and Mitsubishi have invested a reported twenty billion dollars in the Sakhalin Region that hosts one of the world’s largest hydrocarbon formations .

Avis Energy Global Holdings Inc

Millennium Energy has formed a strategic alliance, Joint venture and equity swap agreement with Avis Energy Inc a Canadian company that is a world leader in the patented technology related to renewable energy for waste to energy projects and together with Avis Global Energy we plan to build 25 waste to energy plants in North America, Europe, Africa and Asia.

See www.avisenergy.com Safe Harbor

This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of W2 Energy, Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "May," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond W2 Energy, Inc.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in W2 Energy, Inc.'s filings with the Securities and Exchange Commission.

For more information on Millennium Energy Corp see OTC Markets MENC or visit our website at www.millenniumenergycorp.com

Contact: For further information please contact: Millennium Energy Corporation 2nd Floor, New York NY 10019

Irving Aronson in London Tel +44 (0) 7949783280

E mail [email protected]

The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. is solely responsible for the accuracy of such news releases.