Trican Well Service Ltd. Announces Resignation of Kelly Price
September 27 2013 - 7:23PM
Marketwired
Trican Well Service Ltd. ("Trican") (TSX:TCW) announces that Kelly
Price will resign from his position as President of Trican's U.S.
subsidiary, Trican Well Service, LP. ("Trican US"), effective
October 15, 2013. Don Luft, Trican's President and Chief Operating
Officer, will serve as Interim President of Trican US until a
permanent replacement is appointed.
Trican's Executive and Board of Directors would like to thank
Kelly for his contributions over the past three years as Kelly has
been instrumental in the growth of Trican's U.S. operations and the
establishment of several new operating bases. We wish him every
success in his future endeavors.
Headquartered in Calgary, Alberta, Trican has operations in
Canada, the United States, Russia, Kazakhstan, Australia and
Norway. Trican provides a comprehensive array of specialized
products, equipment and services that are used during the
exploration and development of oil and gas reserves.
Please visit our website at www.trican.ca.
Forward-Looking Statements
Certain statements and other information included in this press
release constitute "forward-looking information" within the meaning
of applicable Canadian securities legislation ("forward-looking
statements"). All statements in this press release, other than
those relating to historical information or current conditions, are
forward-looking statements. Such forward-looking statements involve
known and unknown risks and uncertainties, many of which are beyond
our control, as well as various assumptions and business
sensitivities, including those risk factors described in the
Company's most recent Annual Information Form and annual
management's discussion and analysis which may cause actual
results, performance or achievements of the Company to be
materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements. This forward-looking information includes, among
others:
-- The belief that a permanent replacement will be appointed; and
-- The belief that Mr. Luft and our U.S. management team will build on the
asset and customer base.
Trican disclaims any intention or obligation to update or revise
any forward-looking statements in this press release as a result of
new information or future events, except as may be required under
applicable Canadian securities legislation.
Contacts: Requests for shareholder information should be
directed to: Trican Well Service Ltd. Dale Dusterhoft, Chief
Executive Officer (403) 266 - 0202 (403) 237-7716
(FAX)ddusterhoft@trican.ca Trican Well Service Ltd. Michael Baldwin
Sr. Vice President, Finance & CFO (403) 266 - 0202 (403)
237-7716 (FAX)mbaldwin@trican.ca Trican Well Service Ltd. Gary
Summach Director of Reporting and Investor Relations (403) 266 -
0202 (403) 237-7716 (FAX)gsummach@trican.ca Trican Well Service
Ltd. 2900, 645 - 7th Avenue S.W. T2P 4G8 www.trican.ca
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