Western Energy Services Corp. - New Board Member

About this update from Western Energy Services Corp.

[{"type":"text","content":"\n\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES/\n\n\nCALGARY, June 26 /CNW/ - On behalf of Western Energy Services Corp.\n("Western"), Mr. John Halliwell, Chairman of the Board, is pleased to announce\nthat Mr. Jonathon Waddell has been appointed to the Board of Directors,\nsubject to all regulatory and corporate approvals.\n\n\nMr. Waddell, C.A. has over 30 years experience providing investment tax\nand financial advisory services to corporate and individual clients. He is\ncurrently the Managing Partner and Chief Financial Officer of Grenville\nProperties Ltd., which in the past 10 years has developed, promoted and\nmanaged 11 successful Real Estate Limited Partnerships in Alberta and British\nColumbia. Mr. Waddell is also Vice President of Germain Residences Inc., which\nis currently developing a $135 million Grenville - Germain project in\nCalgary's downtown core.\n\n\nIn 2005, Mr. Waddell founded Grenville Energy Limited Partnership\n("Grenville") to acquire oil and gas services equipment, which was placed into\na joint venture with Western Energy. In 2007, the joint venture with Western\nwas wound up when Western acquired all of Grenville's assets. Mr. Waddell is\ncurrently Western Energy's largest individual shareholder.\n\n\nIn addition to his shareholdings in the Company, Mr. Waddell is the\nPresident of 1063645 Alberta Ltd. to whom the Company's short term borrowings\nare payable. 1063645 Alberta Ltd. is also the general partner of Grenville,\nwhich holds a convertible note that was issued by the Company.\n\n\nWestern is an oil field services company trading on the TSX Venture\nExchange in Canada under the symbol "WSV".\n\n\nForward Looking Information\n\n\nThis release contains certain forward-looking statements related but not\nlimited to the Company's expectations, intentions, plans and beliefs.\nInvestment advisors, shareholders and potential investors are cautioned not to\nplace undue reliance on forward-looking information which by its nature\ninvolves assumptions, risks and uncertainties, both general and specific, that\ncontribute to the possibilities that predictions, projections, forecasts and\nfuture events will not occur. Consequently, actual results could differ\nmaterially from the expectations expressed in these forward-looking\nstatements. The Company does not assu...

More updates from Western Energy Services Corp.