To: Herb Duncan who wrote (8923 ) 2/9/1998 9:31:00 PM From: Kerm Yerman Respond to of 15196
CORP. / CrownJoule Exploration Ltd. Adds To Board Of Directors CROWNJOULE EXPLORATION LTD. TSE SYMBOL: CJE CJE.WT FEBRUARY 9, 1998 Katharine (Katie) T. Trafford Joins the Board of CrownJoule Exploration Ltd. CALGARY, ALBERTA--George T. Wilson, President and Chief Executive Officer of CrownJoule Exploration Ltd., is pleased to announce the appointment of Ms. Katharine T. Trafford to the Board of Directors of the company. Ms. Trafford brings extensive financial and investment banking experience to the Board. Ms. Trafford holds a joint Honors Degree in Economics and Accounting from the University of Dundee in Scotland. Upon graduation, Ms. Trafford was employed as an analyst with Petro Canada before spending the next ten years in the financial industry with Levesque Beaubien, First Boston and, most recently, Richardson Greenshields of Canada Limited. While with Richardson Greenshields, Ms. Trafford was Director of Institutional Sales and Trading in Toronto and, most recently, Director of Investment Banking in Calgary. Ms. Trafford is currently a private Financial Consultant and brings more than fifteen years of extensive financial experience, particularly in the areas of corporate finance, mergers and acquisitions and institutional investment. Ms. Trafford's business experience, energy, enthusiasm and forthright financial advice will contribute to CrownJoule's continued growth and success. CrownJoule Exploration Ltd. is a natural gas exploration and production company focused in west central Alberta and currently produces over 12 Mmcfe/d (1200 Boed) of natural gas and associated liquids from its two gas plants in its core focus area. In addition to its developed properties, CrownJoule has over 53,000 net acres of undeveloped land in its exploration portfolio. With a strong balance sheet, stable cash flow and an aggressive, strengthened management team and Board of Directors in place, CrownJoule is poised for significant growth. CrownJoule is an oil and gas exploration company whose Common Shares and Purchase Warrants are traded on The Toronto Stock Exchange under the trading symbols "CJE" and "CJE.WT" respectively.