Global Energy Services Ltd.
TSX VENTURE : GLK

Global Energy Services Ltd.

October 05, 2011 16:57 ET

Global Energy Services Ltd. Announces Retirement and Appointment of New CFO

CALGARY, ALBERTA--(Marketwire - Oct. 5, 2011) - Global Energy Services Ltd. (TSX VENTURE:GLK) ("Global" or the "Company") announces that Mr. Don Jorgensen has retired from his position as CFO (Chief financial Officer) of the Company, effective September 30th 2011. The executive management, board members and employees of the Company would like to thank Mr. Jorgensen for his contributions to the Company and wish him well in his future endeavors.

The Company is pleased to announce, subject to the approval of the TSX Venture Exchange (the "Exchange"), the appointment of Mr. Dean Martin to the position of CFO for the Company effective October 1st 2011. Mr. Martin is a Certified Management Accountant and he brings a wealth of financial knowledge and experience to the Company. His innovative approach and strong leadership will be instrumental for the Company's long term success.

Global is an innovative oilfield service company that focuses its efforts on the production service sector, building off of the recently completed acquisition of the assets of Stellarton Technologies Inc. as disclosed in prior news releases dated March 29, 2011, April 26, 2011 and June 17, 2011. The production services segment utilizes its patented Activator Hydraulic Submersible Pump ("HSP") to enhance and increase ultimate production in both conventional and unconventional gas, oil, and CBM wells. Global was founded in 1994 and is listed on the Exchange.

More information about Global Energy Services can be found at http://www.global-energy.ca.

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

Contact Information

  • Global Energy Services Ltd.
    Mr. Eric. Laing
    President and Chief Executive Officer

    Global Energy Services Ltd.
    Mr. Dean Martin
    CFO

    Global Energy Services Ltd.
    1810, 715, 5th Ave S.W.
    Calgary, Alberta
    www.global-energy.ca