CORP. / Camberly Energy Ltd. Board Of Directors
CAMBERLY ENERGY LTD. ANNOUNCES CHANGES TO BOARD OF DIRECTORS
1998-04-20 CALGARY, AB
Michael K. Duggan, Chairman and Chief Executive Officer, Camberly Energy Ltd. ("CEL"- TSE) announces the following resignations and additions to the Company's Board of Directors along with their effective dates.
On April 2, 1998, Mr. Stanley G. Hawkins of Toronto resigned and his position on the Board of Directors was replaced by The Honorable Pierre Sevigny of Montreal. Mr. Hawkins left the Board to concentrate on his varied business interests.
On April 8, 1998, Mr. Gordon Bowerman of Calgary resigned and his position on the Board of Directors was replaced by Mr. George Hill also of Calgary. Mr Bowerman left the Board to travel on behalf of an international business venture.
On April 13, 1998, Mr. Frank Agar of Calgary resigned and Mr. Richard Duggan of Calgary was appointed in his place. It is with regret that Mr. Agar left the Board due to health concerns.
The Chairman stated that the resignations were coincidental in their timing and were not as a result of any dissention between Board Members. The Chairman gratefully thanks the former Board Members for their contributions and commitment to Camberly Energy Ltd. and welcomes The Honorable Pierre Sevigny P.C. O.C., Mr. George Hill, and Mr. Richard Duggan to the Board for what will prove to be a very definitive year in the Company's development. |