Cancen Oil Canada Inc
TSX VENTURE : COI

October 23, 2012 16:28 ET

Cancen Announces Director and Officer Resignation

EDMONTON, ALBERTA--(Marketwire - Oct. 23, 2012) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.

Cancen Oil Canada Inc. ("Cancen" or the "Corporation" ) (TSX VENTURE:COI) announces announces that Ronald Panchuk has tendered his resignation as Vice President, Business Development and Legal, Corporate Secretary and as a director of Cancen effective October 16, 2012. The Board of directors thanks Mr. Panchuk for all his efforts on behalf of the Corporation and wish him well in his new endeavours.

About Cancen

Cancen is an energy services company that focuses on providing specialized services to upstream oil and natural gas companies operating in the Western Canadian Sedimentary Basin. The services provided by Cancen assist these companies with the treatment and sale of crude oil and the handling of by-products associated with oil and natural gas development and production. The services provided by Cancen include crude oil emulsion treatment, oilfield waste processing, and disposal of produced and waste water. As at the date hereof, the Corporation's services are provided at three facilities in Alberta.

Neither TSX Venture nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Cancen Oil Canada Inc.
    Frederick LaHaie
    President and Chief Executive Officer
    (780) 452-7205
    (780) 451-1200 (FAX)

    Cancen Oil Canada Inc.
    11464 - 149 Street, NW
    Edmonton, AB, T5M 1W7
    info@cancenoil.com

    Buchalter Consulting
    Stan Buchalter
    1 866 631 6537 or 1 905 631 6537
    stan.buchalter@buchalterconsulting.ca