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GREAT EAST ENERGY, INC. FILES (8-K) Disclosing Change in Directors or Principal Officers, Financial Statements and Exhibits
[February 28, 2014]

GREAT EAST ENERGY, INC. FILES (8-K) Disclosing Change in Directors or Principal Officers, Financial Statements and Exhibits


(Edgar Glimpses Via Acquire Media NewsEdge) Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On February 24, 2014, Mr. Herve Collet was appointed as the Chief Operating Officer of Great East Energy, Inc., a Delaware corporation (the "Company"). Set forth below is a brief biography of Mr. Collet: Mr. Collet, age 66, has worked as a consulting petroleum engineer on various projects in the U.S., Ukraine, Canada, Russia and France since 2010. From 2005 to 2010, he was the Vice President of Operations at PanTerra Resource Corp. in Canada. From 2004 to 2005, Mr. Collet was the General Manager of Canoro Resources Ltd. Delhi India in India. Prior to that, he worked in various capacities including senior drilling engineer, general manager, project manager and deputy director general on oil and gas projects worldwide, including countries of the former Soviet Union, Latin America, North Africa, Canada and Western Europe. Mr. Collet started his career in the industry in 1974. Mr.



Collet obtained an AB degree in Geology from the University of Calgary, Calgary, Canada, and an AB degree in Engineering from the Mount Royal College, Calgary, Canada.

According to a consulting agreement by and between the Company and Mr. Collet dated February 23, 2014, Mr. Collet's compensation consist of: 1. stock grant of 300,000 shares of common stock of which 150,000 shares vest as of the date of the agreement and 150,000 shares vesting and issued 181 days after the date of the agreement; 2. stipend of $4,000 per month; 3. reimbursement of expenses incurred in performing his duties under the agreement.


The foregoing description of the consulting agreement is qualified in its entirety by the text of the agreement which is annexed hereto as Exhibit 10.1.

Item 9.01 Financial Statements and Exhibits.

(d) The following exhibits are filed with this report: Exhibit No. Description 10.1 Form of Consulting Agreement.

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