Turner Valley Oil and Gas, Inc. announced that Turner has finalized its phase 1 infrastructure and shipping acquisition agreement in conjunction with the preferred stock placement with Network 1 Securities, Inc. Upon completion of the transfer of committed assets and capital, Turner expects to expand its Board of Directors by appointing several new members in addition to current board member and Turner CEO, Steve Helm. Furthermore, new management, with decades of shipping experience, are expected to join the board of directors. Included in this transition will be a new CEO, administration, and the current Chairman of the family office will take on the same title at the new company.