SERVICE SECTOR / Dynastar Inc. Announces New President
CALGARY, ALBERTA--Dynastar Inc. (the "Corporation") announces that Mr. John Munro has been appointed the President of the Corporation effective December 14, 1998. Mr. Munro has been the Vice-President, Operations, since August of 1998 and was appointed the President to replace Mr. Peter Kreutzer who resigned as an officer and director of the Corporation effective December 14, 1998. As President of the Corporation for the last year, Mr. Kreutzer guided the Corporation through the completion of its initial public offering as a junior capital pool company in April and the completion of the Major Transaction, being the acquisition of A & B Drilling Ltd. in August. The Corporation expects that Mr. Munro, through his years of experience in the seismic drilling industry, will provide the Corporation with the experience and leadership necessary to continue to build and expand the business of A & B Drilling Ltd. Mr. Ben Vandenhoven, a director of the Corporation, has been appointed the Vice-President, Operation, to fill the vacancy created as a result of the appointment of Mr. John Munro as President. |