Canadian Energy Exploration Inc. announces appointment of Director
22 Luglio 2011 - 2:00PM
PR Newswire (Canada)
CALGARY, July 22, 2011 /CNW/ -- CALGARY, July 22, 2011 /CNW/ -
Canadian Energy Exploration Inc. ("Canadian Energy" or the
"Company") (TSX Venture - "XPL") is pleased to announce effective
immediately, Mr. John C. McGilvary has been appointed to the Board
of Directors of the Company. Mr. McGilvary has been the President
of Oilbank Exploration Inc., a private company since 2004. Mr.
McGilvary graduated from the Laurentian University with his B. Sc.
in Geology in 1973 and began his career as a mining geophysicist
with Shell Canada Resources Limited, and went on to hold the
positions of Chief Geologist - Exploration Manager at Trans-Canada
Resources Ltd., Vice President and Director at Baca Resources
Group, President and Director at Futurity Energy Corporation and
was Chief Operating Officer of Viking Energy Royalty Trust through
to 2004. Mr. McGilvary is a member of A.P.E.G.G.A. as a
professional geologist and has a penchant for and history of
assisting small oil and gas firms with strategic and technical
advice. Canadian Energy also announces that it has granted Mr.
McGilvary incentive options to acquire up to 500,000 common shares
of the Company for a period of five years ending July 21, 2016 at
an exercise price equal to the closing price of the common shares
on the last trading day before July 22, 2011, one third to vest
immediately and one third to vest every 18 months thereafter. About
Canadian Energy Exploration Inc. Canadian Energy Exploration Inc.
is a junior oil and gas company engaged in the exploration for and
development and production of oil and natural gas reserves in
Western Canada. The Company's common shares trade on the TSX
Venture Exchange under the symbol "XPL". Neither the TSX Venture
Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release To view
this news release in HTML formatting, please use the following URL:
http://www.newswire.ca/en/releases/archive/July2011/22/c6947.html p
bCanadian Energy Exploration Inc./bbr/ bLarry Buzan, President
and/bbr/ bChief Executive Officer/bbr/ P: (403) 229-2800br/
E-mail: a
href="mailto:buzan@cdnenergy.com"buzan@cdnenergy.com/a /p
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