Guardian Exploration Inc.

Guardian Exploration Inc.

April 11, 2007 17:00 ET

Guardian Announces Board Appointments

CALGARY, ALBERTA--(CCNMatthews - April 11, 2007) - Guardian Exploration Inc. (TSX VENTURE:GX) ("Guardian" or the "Corporation") announces the resignation of David Mears, Tim Campbell, and Mel Chambers as Directors of Guardian.

Guardian is pleased to announce that Gary Gardiner and Orville Cole have joined the Board of Directors, and both Mr. Gardiner and Mr. Cole will be members of the Corporation's Audit Committee. In commenting on the changes to the Corporation's board of directors, Mr. Graydon Kowal, President & CEO, said "We are very pleased to have Messrs. Gardiner and Cole join our team. We believe their extensive industry knowledge and expertise will be a significant enhancement to our domestic operations."

Mr. Gardiner has over 25 years experience in the oil and gas industry. Prior to joining Guardian's board, Mr. Gardiner was the CEO and a director of Mahalo Energy Ltd. and President, CEO and a director of Peregrine Energy Ltd. Prior thereto, Mr Gardiner was with AEC/EnCana Corporation where he held various positions of increasing responsibility, most recently, the position of Vice President of the Fort Nelson Business Unit. In his career Mr. Gardiner has prepared and managed operating and capital investments in excess of $500MM per year and was responsible for the management of several multidisciplined technical teams to exploit and produce assets producing in excess of 60,000 boe/d. Mr. Gardiner has extensive experience in oil and gas exploitation, production and long range planning, as well as acquisitions, drilling, completions, and operations. Previous employers include the City of Medicine Hat, Suncor and Home Oil. Gary holds a Bachelor of Science in Petroleum Engineering from the University of Alberta.

Mr. Cole has been active in oilfield operations from 1974 to 1996 with Halliburton Energy Services. Since January 1997 he has provided consulting services to the oil industry in North and South America. Mr. Cole has a proven reputation as President of a consulting and production management company since 1998 with an exemplary record in safety and regulatory responsibility. Mr. Cole has significant skills in managing budgets and team building through the oil industry downturn of 1998 on to the positive growth of today's industry. Mr. Cole's qualifications include the development of strategies for three separate oil and gas endeavours and one successful service company venture. Mr. Cole was the President and a director of Strike Petroleum Ltd. from November of 2004 to December of 2006.

Guardian is a Calgary-based corporation engaged in the acquisition, exploration and development of resource properties. Common shares of the company trade on the TSX Venture Exchange under the trading symbol "GX".

The TSX Venture Exchange Inc. does not accept responsibility for the adequacy or accuracy of this press release.

Contact Information

  • Guardian Exploration Inc.
    Graydon Kowal
    President and CEO
    (403) 232-1748