Canadian 88 Energy Corp. Announces New Management Appointments.CALGARY, ALBERTA--(BUSINESS WIRE)--Oct. 6, 1997-- Canadian 88(TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). , Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). :EEE EEE eastern equine encephalomyelitis. EEE eastern equine encephalomyelitis. ) Greg Noval, President of Canadian 88 Energy Corp. of Calgary, Alberta is pleased to announce the addition of three new professionals to its growing engineering and exploration departments. Robin Gill Robin Gill, (born October 12 1970), is a Canadian journalist for the Global Television Network. She is currently the weekend news anchor on Global News in Toronto, and a reporter during the week. , as Operations Manager, will be responsible for the Company's operations and production. Mr. Gill has a B.Sc. in Mechanical Engineering from the University of British Columbia Locations Vancouver The Vancouver campus is located at Point Grey, a twenty-minute drive from downtown Vancouver. It is near several beaches and has views of the North Shore mountains. The 7. . He has 19 years experience in field operations and development and was previously employed with Amoco Canada Petroleum Ltd. Curtis Booth joins the Company in the capacity of Senior Exploration Geophysicist and will be responsible for interpretation and project management with an emphasis on structural interpretation of Canadian 88's over 700 square miles of newly shot 3-D seismic data. Mr. Booth has a B.Sc. in Geophysics from the University of Manitoba Location The main Fort Garry campus is a complex on the Red River in south Winnipeg. It has an area of 2.74 square kilometres. More than 60 major buildings support the teaching and research programs of the university. . He has 20 years of petroleum industry experience and was previously employed by Murphy Oil Canada. Ryan Fowler joins the Company in the capacity of Senior Exploration Geologist and will be responsible for the generation and evaluation of foothills and deep basin exploration and development opportunities in Western Canada. Mr. Fowler graduated from the University of British Columbia with a B.A.Sc. in Geological Engineering. He has ten years of experience in the petroleum industry and was previously employed with Amoco Canada Ltd. and until recently Rigel Oil & Gas Ltd. Canadian 88 Energy Corp. is one of the fastest growing exploration and production companies in Western Canada with a strong balance sheet and diversified, high quality asset base. The Company is the leading deep basin driller along the Western foothills of Alberta with seven rigs currently operating for the Company in the area. In a recent report on finding and on-stream costs by Peter's & Co., one of Canada's top energy investment firms, Canadian 88 ranked No. 1 in the oil and gas industry in Canada in terms of record lowest three and five ear weighted average proven finding and on-stream costs. The Company is publicly traded on the TSE under the symbol EEE with a market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. of $575 million and 20 percent management ownership. CONTACT: Canadian 88 Energy Corp. Greg Noval, 403/974-8800 403/974-8811 (FAX) |
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