Canoel International Energy Ltd.
TSX VENTURE : CIL

Canoel International Energy Ltd.

January 16, 2013 08:30 ET

Canoel Announces Appointment of New Member for Its Advisory Committee

CALGARY, ALBERTA--(Marketwire - Jan. 16, 2013) -

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Canoel International Energy Ltd. ("Canoel" or the "Corporation") (TSX VENTURE:CIL) is pleased to announce that the Board has appointed Hans-Rune Wahlstrom, a Norwegian banker, to become a member of its Advisory Committee.

Mr. Wahlstrom studied law at the University of Oslo and then entered the BI Business School in Oslo. Mr. Wahlstrom started his career in 1985 at Christiania Bank in Oslo as a Manager of International Equities Sales & Trading and continued his career with Christiania Bank in London, Essar Securities and SPN Fond. Mr. Wahlstrom also worked at Societe Generale Strauss Turnbull Securities Ltd. and at Kidder, Peabody & Co Ltd. as Head of North American Equity Sales and is currently the Senior Managing Director of Du Pasquier & Co Inc., New York, an investment bank in New York.

Mr. Wahlstrom is fluent in English, Norwegian, Danish and Swedish and is a member of The Norwegian Society of Financial Analysts.

The other members of the Canoel Advisory Committee are James Ladner, Guglielmo Moscato and Colin Russel.

Andrea Cattaneo, the Company's CEO and President stated: "The Company continues to compound high quality individuals to identify additional high quality assets producing hydrocarbons. We trust that this process will enhance not only the Company's stature, but finally the due satisfaction of our investors and stakeholders. The arrival of Mr. Wahlstrom is particularly welcome in this light."

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

Contact Information

  • Canoel International Energy Ltd.
    Jose Ramon Lopez Portillo
    Chairman of the Board
    (403) 938-8154
    (403) 775-4474 (FAX)

    Canoel International Energy Ltd.
    Andrea Cattaneo
    CEO & President
    (403) 938-8154
    (403) 775-4474 (FAX)
    info@canoelenergy.com