Wrangler West Appoints Officers, Updates Operations
May 19 2011 - 9:15AM
PR Newswire (Canada)
CALGARY, May 19 /CNW/ -- CALGARY, May 19 /CNW/ - Wrangler West
Energy Corp. ("Wrangler West", the "Company") (TSXV "WX") today
announced two officer appointments approved by the board of
directors to take effect immediately and provided a brief
operations update. Appointments Effective May 19, 2011 Crista L.
Ferguson is appointed Chief Financial Officer. Ms. Ferguson
is a certified general accountant ("CGA") and was appointed
Controller in January 2010, reporting to the President and Chief
Executive Officer. Since Wrangler West's inception in 2002,
she has held increasingly more senior positions. Previously, she
had worked with our predecessor companies. She holds a
Bachelor of Administration (Accounting) from SAIT Polytechnic. In
her new role, Ms. Ferguson will continue to have responsibility for
Wrangler West's finance and accounting systems including
shareholder and regulatory reporting. Charles A. Brehon is
appointed Vice President, Exploration. Mr. Brehon is a
professional geologist with 23 years of expertise developing and
executing exploration projects in the Western Canada Sedimentary
Basin. He has served as a director of the Company since 2006.
Previously, Mr. Brehon was manager of geology at Wrangler West,
having fulfilled that role at Player Petroleum Corporation. He
holds a Bachelor of Science degree from the University of
Saskatchewan and is a member the Association of Professional
Engineers, Geologists and Geophysicists of Alberta. In his new
role, Mr. Brehon will manage the Company's geological and technical
strategies to accelerate oil and natural gas exploration programs
and projects both within the Corporation and with industry
partners. Further, he will work within the management team to
review and recommend potential asset acquisitions and/or
dispositions to enhance the Corporation's strategies for production
growth. The board of directors welcomes both officers and looks
forward to their contribution within the Company's senior
management team. Operations Update Wrangler West recently engaged
Sayer Energy Advisors to assist in the divestiture of the Company's
100 percent working interest oil property at Grand Forks in
southern Alberta. Following completion of the planned
divestiture, the Company intends to redeploy the proceeds to
projects in other areas of operation. Wrangler West expects to
report 2011 first quarter results on June 17,( )2011 or very soon
thereafter. During the 2011 first quarter, the Company
produced approximately 1,030 boe per day. Corporate Profile
Wrangler West is a Canadian junior oil and natural gas producer
which explores for and develops crude oil and natural gas
production assets in the Province of Alberta. Since inception, our
mandate has been to use the drill bit to add shareholder value.
Disciplined management of our operations and production portfolio
creates sufficient funds flow to support ongoing operations.
Wrangler West intends to continue to reinvest funds flow from
operations and other available capital to protect current and add
future value. Wrangler West trades on the TSX Venture
Exchange under the symbol "WX". The TSX Venture Exchange has not
reviewed, and does not accept responsibility for, the adequacy or
accuracy of this press release. To view this news release in HTML
formatting, please use the following URL:
http://www.newswire.ca/en/releases/archive/May2011/19/c5902.html p
align="center" bWrangler West E/bbnergy Corp./bbr/ telephone:
(403) 290-6800br/ Steven F. Johnsonbr/ President and Chief
Executive Officerbr/ a
href="mailto:info@wranglerwest.ca"info@wranglerwest.ca/a /p
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