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Amoil Resources Inc. Announces Management Change.


RED DEER Red Deer, city, Canada
Red Deer, city (1991 pop. 58,134), S central Alta., Canada, on the Red Deer River. It developed as a trade and service center for a region of dairying and mixed farming.
, ALBERTA--(BUSINESS WIRE)--Oct. 14, 1997-- Amoil(Alberta Stock Exchange Alberta Stock Exchange

See Canadian Venture Exchange (CDNX).
 AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services.  ) The Board of Directors of AMOIL RESOURCES INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic.

Antonym: dec.
. (the "Corporation") has accepted the resignation of Mr. Kevin Baumann as President and Director of the Corporation. Mr. Baumann has committed to consult with the Corporation until the end of October 1997 in order to complete the well recently drilled in the Sylvan Lake Sylvan Lake can refer to:

Communities:
  • Sylvan Lake, Alberta
  • Sylvan Lake, Michigan
  • Sylvan Lake, New York
Lakes:
  • Sylvan Lake (Alberta)
  • Sylvan Lake, Indiana
  • Sylvan Lake, Minnesota
  • Sylvan Lake, South Dakota
 Area. Personal reasons and other business interests were cited by Mr. Baumann as the reason for his resignation.

The Board is currently reviewing a number of candidates and has appointed Mr. Darryl Holloway, also a Director, to act as interim President.

Amoil Resources Inc. is an active oil and gas exploration, development and production company focused on the exploitation of oil and gas in western Canada. The Corporation trades on the Alberta Stock Exchange (Symbol: AOL) and has approximately 6.2 million shares outstanding. -0- The Alberta Stock Exchange has neither approved nor disapproved of the contents of the press release.

CONTACT: Amoil Resources Inc.

Darryl Holloway, 403/991-4694 (Direct)
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 14, 1997
Words:175
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