EnerVest Energy and Oil Sands Total Return Trust
TSX : EOS.UN

EnerVest Energy and Oil Sands Total Return Trust

November 08, 2006 09:30 ET

Enervest Energy and Oil Sands Total Return Trust Announces New Board Appointment

CALGARY, ALBERTA--(CCNMatthews - Nov. 8, 2006) -

Not for Distribution to U.S. Newswire Services or for Dissemination in the United States of America.

EnerVest Energy and Oil Sands Total Return Trust, (TSX:EOS.UN) ("EnerVest") is pleased to announce that Mr. Marshall L. McRae has been appointed to the Board of Directors of EnerVest Oil Sands Management Inc., the Administrator of EnerVest. Mr. McRae, a chartered accountant, is the Chief Financial Officer for CCS Income Trust, (formerly Canadian Crude Separators Inc.).

EnerVest also announces that Allen B. Clarke is resigning from the Board of Directors of EnerVest Oil Sands Management Inc. We are pleased to announce that Mr. Clarke has agreed to sit as the Chairman of the Independent Review Committee ("IRC") for EnerVest and assist in the establishment and implementation of EnerVest's IRC structure.

EnerVest is also pleased to announce that Sean Morgan has been appointed as Chief Financial Officer of EnerVest Oil Sands Management Inc. Mr. Morgan was formerly the Controller. With the appointment of Mr. Morgan, the previous Chief Financial Officer Gary Dundas, is resigning.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

Contact Information

  • EnerVest Oil Sands Management Inc.
    Kevin W. Wolfe
    President & Chief Executive Officer
    (403) 571-5550 or Toll Free: 1-800-459-3384
    or
    EnerVest Oil Sands Management Inc.
    J. Ward Mallabone
    Chief Operating Officer
    (403) 571-5550 or Toll Free: 1-800-459-3384
    or
    EnerVest Oil Sands Management Inc.
    Kristie Allen
    Investor Relations
    (403) 571-5550 or Toll Free: 1-800-459-3384
    or
    EnerVest Oil Sands Management Inc.
    Linda Koroluk
    Investor Relations
    (403) 571-5550 or Toll Free: 1-800-459-3384
    or
    EnerVest Oil Sands Management Inc.
    Gary Sharpe
    Investor Relations
    (403) 571-5550 or Toll Free: 1-800-459-3384
    (403) 571-5554 (FAX)
    or
    EnerVest Oil Sands Management Inc.
    Suite 2800, 700-9th Avenue S.W.
    Calgary, Alberta, T2P 3V4
    (403) 571-5550 or Toll Free: 1-800-459-3384
    Email: info@enervest.com
    Website: www.enervest.com