Directorate Change
(Thomson Reuters ONE) -
Wentworth Resources Limited (OSE: WRL)
Wentworth Resources Limited ("Wentworth" or "the Company"), an independent oil
and gas company focused in East Africa, today announces that Richard (Rick)
Schmitt, Chief Executive Officer, has made a decision to resign due to
unforeseen personal circumstances. Rick will remain with Wentworth as a Non-
Executive Director and in that role will continue to provide his valued
expertise. Following his resignation, Geoff Bury will become Managing Director
reporting to Bob McBean as Executive Chairman.
Bob McBean, Wentworth Executive Chairman commented:
"We are very grateful for Rick's contribution to Wentworth and respect and
support his decision to take a reduced role."
Enquiries:
Wentworth Resources Bob McBean, Executive Chairman
rpm(at)wentworthresources.com
Eric Fore, Finance, Investor & Public Relations
etf(at)wentworthresources.com
Axxept Public Relations
Per Arne Totland
totland(at)axxept.no
+47 90 02 1900
Or visit our website at www.wentworthresources.com
FORWARD LOOKING STATEMENTS
This news release may contain forward-looking statements including expectations
of future production, cash flow and earnings. These statements are based on
current expectations that involve a number of risks and uncertainties, which
could cause actual results to differ from those anticipated. These risks
include, but are not limited to: the risks associated with the oil and gas
industry (e.g. operational risks in development, exploration and production;
delays or changes in plans with respect to exploration or development projects
or capital expenditures; the uncertainty of reserve estimates; the uncertainty
of estimates and projections relating to production, costs and expenses, and
health, safety potential delays or changes in plans with respect to exploration
or development projects or capital expenditures.
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER TO SELL OR
A SOLICITATION OF AN OFFER TO SELL ANY OF THE SECURITIES DESCRIBED HEREIN IN THE
UNITED STATES. THESE SECURITIES HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER
THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES
LAWS AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS
UNLESS REGISTERED OR EXEMPT THEREFROM.
NOTICE
Oslo Bors has not reviewed and does not accept responsibility for the adequacy
or accuracy of this release.
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
Press Release 2011 08 24:
http://hugin.info/136496/R/1540638/471053.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Wentworth Resources Limited via Thomson Reuters ONE
[HUG#1540638]
Unternehmensinformation / Kurzprofil:
Datum: 24.08.2011 - 17:30 Uhr
Sprache: Deutsch
News-ID 58956
Anzahl Zeichen: 3849
contact information:
Town:
Calgary, Alberta
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 173 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Directorate Change"
steht unter der journalistisch-redaktionellen Verantwortung von
Wentworth Resources Limited (Nachricht senden)
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