Defiant Resources Corporation

Defiant Resources Corporation

November 03, 2005 09:05 ET

Defiant Announces Management and Board Appointments

CALGARY, ALBERTA--(CCNMatthews - Nov. 3, 2005) -

Defiant Resources Corporation ("Defiant" or the "Company") (TSX:DFR) is pleased to announce a number of appointments to its management team and its Board of Directors.

David Evans, previously Chairman and Chief Executive Officer, is appointed Chairman of the Board, and has handed over the function of CEO to Rick Ironside. David will remain actively involved in the affairs of the Company, providing on-going support to Rick in his new capacity as CEO.

Rick Ironside, previously President and Chief Operating Officer, has been assuming increasing responsibilities since the Company's inception in December, 2004, and is appointed President and Chief Executive Officer. Rick was Vice President, Operations and Chief Operating Officer of Defiant's predecessor company, Defiant Energy Corporation, a position he had held for five years prior to the sale of that company in December 2004. Prior to joining the Defiant team, he held a number of senior positions with oil and gas companies in Calgary. Rick holds a B.Sc. in Chemical and Petroleum Engineering from the University of Calgary, and an MBA from the University of Western Ontario. He is a member of the Association of Professional Engineers, Geologists and Geophysicists of Alberta (APEGGA).

Tim Dunne is appointed to the Board of Directors of Defiant and is handing over his responsibilities as Vice President, Finance and Chief Financial Officer to Rob Solinger. In his new capacity as a Director, Tim will also provide transitional support and assistance to the new CFO. Tim is leaving the full-time position as CFO in order to pursue other personal and professional interests. Tim is one of the founders of Defiant and its predecessor company. The Board of Directors would like to acknowledge the valuable contribution that Tim has made to Defiant and his excellent stewardship of the Company's financial affairs. We look forward to Tim's continued contribution as a Director.

Rob Solinger is appointed to the position of Vice President, Finance and Chief Financial Officer. Rob is a Chartered Accountant with 20 years experience in the oil and gas business, six years of which were spent as CFO of Truax Resources Corporation, a TSX-listed junior oil and gas company. Most recently, Rob had significant ownership in a private oil and gas company which, in conjunction with his partners, he built to 750 boe/d prior to its recent sale. With the objective of aligning his interests with those of the shareholders, Rob will be making a significant personal investment in the securities of the Company.

Arne Hamarsnes is appointed to the position of Vice President, Operations. Arne has been with Defiant and its predecessor company for three years as Manager of Drilling and Completions and subsequently Manager of Operations. Prior to that, Arne held various positions of increasing responsibility for thirteen years with Talisman and its predecessor company, Encor Energy. Arne holds a BSc in Mechanical Engineering from the University of Calgary and is a member of APEGGA.

Contact Information

  • Defiant Resources Corporation
    David J. Evans
    Chairman of the Board
    (403) 218 4101
    Defiant Resources Corporation
    Rick J. Ironside
    President & C.E.O.
    (403) 218 4104
    Defiant Resources Corporation
    Rob H. Solinger
    Vice President Finance & C.F.O.
    (403) 218 4106