🕐04.01.10 - 20:19 Uhr
Kodiak Energy, Inc. and Cougar Energy, Inc. Announces Director Addition and Change in Management
CALGARY, ALBERTA -- January 4, 2010 -- Kodiak Energy, Inc.
(OTCBB:
KDKN) ("Kodiak" or the "Corporation") and its majority controlled
private subsidiary, Cougar Energy, Inc.
("Cougar") announces that,
effective January 4, 2010, Mr.
William Brimacombe has retired as Chief
Financial Officer of Kodiak and has been appointed as a Director of the
Board of Directors of both Kodiak and Cougar.
Mr.
Brimacombe will also
sit as a member of the Audit Committee for Kodiak.
He will also remain
with the Company as a financial consultant on an as needed basis.
Mr.
David Wilson, current Vice President, Finance for Kodiak and Chief
Financial Officer for Cougar will advance to the Chief Financial
Officer role for Kodiak.
Applicable revision to the corporations
website will be made following dissemination of this press release at
http://www.kodiakpetroleum.com/s/Management.asp.
Mr.
Bill Tighe, President and CEO of Kodiak stated, "We are privileged
to have Mr.
Brimacombe continue with both Kodiak and Cougar in the
capacities of director and financial consultant.
His financial and
regulatory expertise over the years has been invaluable and we
appreciate his unwavering commitment to serving the best interests of
Kodiak, Cougar and the respective shareholders.
With Mr.
Brimacombes
comprehensive knowledge of both companies, his new roles as a director
and financial consultant for Kodiak and Cougar will provide important
stewardship as we develop our growth opportunities."
Mr.
Tighe continued, "We are also fortunate to have Mr.
Wilson move
into the position of Chief Financial Officer of Kodiak.
His solid
financial, regulatory and public company background within the oil and
gas industry has enabled a seamless transition into the enhanced role.
We look forward to benefiting from his expertise and strategic
insight."
About Kodiak:
Kodiak Energy, Inc.
is based in Calgary, Alberta, Canada and a publicly
traded oil and gas exploration and development company focused on
developing and exploring onshore oil, gas and CO2 properties within
North America.
Our main prospects are "Little Chicago" located in the
N.W.T.
and "Sofia" located in northeast New Mexico.
Through our private
subsidiary, Cougar Energy, Inc., we are developing the projects of
CREEnergy Joint Venture and area projects located in north central
Alberta and "Lucy" in the Horn River Basin in northeast British
Columbia.
Additional information on Kodiak is at
http://www.kodiakpetroleum.com.
About Cougar:
Cougar Energy, Inc.
is based in Calgary, Alberta Canada and a privately
held subsidiary of parent company, Kodiak Energy, Inc.
The focus is on
the exploration and development of Canadian based onshore oil and gas
properties.
The current projects are the CREEnergy Joint Venture and
area projects located in north central Alberta and "Lucy" located in
the Horn River Basin in northeast British Columbia.
Additional
information on the CREEnergy and "Lucy" projects are available at
http://www.cougarenergyinc.com.
For further information:
William Tighe
President and CEO
+1(403) 262-8044
e-mail:
www.kodiakpetroleum.com
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Copyright (c) 2010 KODIAK ENERGY INC.
(KDKN) All rights reserved.
For
more information visit our website at http://www.kodiakpetroleum.com/
or send mailto:
Message sent on Mon Jan 4, 2010 at 10:48:14 AM Pacific Time
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