Directorate Change
December 13 2005 - 2:03AM
UK Regulatory
Appointment of Director
CALGARY, Dec. 13 /CNW/ - Further to the announcement on December 6, 2005,
First Calgary Petroleums Ltd. ("FCP" or the "Company") provides the following
information pursuant to AIM rule 17.
Mr. John Alexander van der Welle, age 50, has been appointed a Director
of the Company. In addition, Mr. van der Welle will be Finance Director, Vice
President Finance and Chief Financial Officer of FCP effective January 2,
2006. Previously, Mr. van der Welle was Finance Director of Premier Oil Plc
from March 1999 through to June 2005 and a Director of various wholly owned
subsidiaries of Premier Oil Plc and a Director of Premier Kufpec Pakistan BV
at various periods during this time frame.
Mr. van der Welle has been granted 900,000 options to acquire common
shares of FCP at an exercise price of $6.39 (Cdn) per share. Pursuant to the
Company's stock option plan, options granted have a term of five years from
the date of grant and vest one-third on the date of grant and one-third on
each of the first and second anniversary dates.
First Calgary Petroleums Ltd. is an oil and gas exploration company
actively engaged in international exploration and development activities in
Algeria. The Company's common shares trade on the Toronto Stock Exchange in
Canada (FCP) and on the AIM market of the London Stock Exchange in the UK
(FPL).
This press release is being issued in compliance with the rules of the
AIM market of the London Stock Exchange.
For further information: Richard G. Anderson, President and CEO, First
Calgary Petroleums Ltd., Tel: (403) 264-6697
(FPL)
END
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