Great Prairie Energy Services Inc.

October 16, 2014 08:30 ET

Great Prairie Energy Services Announces the Appointment of Officers

CALGARY, ALBERTA--(Marketwired - Oct. 16, 2014) -


Great Prairie Energy Services Inc. (TSX VENTURE:GPE) ("Great Prairie" or the "Corporation") is pleased to announce the appointment of executive officers.

Great Prairie announces the appointment of Robert Gillies, CA as the Chief Financial Officer ("CFO") of the Corporation, effective immediately. Mr. Gillies joins Great Prairie with significant financial experience in the oil and gas sector including oilfield services. Mr. Gillies has been providing financial advisory services to Great Prairie prior to his appointment as the CFO. Mr. Gillies received his Degree in Administrative Studies (Business) from York University and received his designation as CA in 1977, and commenced his professional career with KPMG, Chartered Accountants. Mr. Gillies has served in various financial advisory capacities and as CFO of several TSX Venture Exchange and Toronto Stock Exchange listed companies.

Great Prairie further announces the appointment of Alex Jackson to the position of President. Mr. Jackson has been serving as the Corporation's CFO prior to the appointment of Mr. Gillies. Sid Dutchak QC, will continue to serve as the Corporation's Chief Executive Officer ("CEO").

Sid Dutchak QC, CEO of Great Prairie, welcomes the new appointments and stated: "Great Prairie has grown significantly since its inception and the Corporation's plan for the future requires Great Prairie to continue to strengthen its team by allowing each team member to focus on specific responsibilities. The addition of Mr. Gillies' experience, coupled with Mr. Jackson's new role will position Great Prairie well for further growth."

Great Prairie further announces that its board of directors has approved the granting of 100,000 incentive stock options ("Options") under its stock option plan to Mr. Gillies which will enable Mr. Gillies to acquire up to 100,000 common shares of Great Prairie ("Common Share") for a period of five years at a price of $0.30 per Common Share. One third of the Options will vest one year after the date of the grant of such Options and the remainder will vest one third per year thereafter.

About Great Prairie Energy Services Inc.

Great Prairie Energy Services Inc. is a Canadian energy services company focused on servicing oil and gas activity in Saskatchewan, Alberta and British Columbia. Great Prairie provides general oilfield hauling, equipment rental and frac fluid services out of Kindersley SK, Lloydminster SK, Drumheller AB, Sundre AB, Valleyview AB, and Calgary AB through its operating entities.

Neither the 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.

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