TUSK Energy Corporation

TUSK Energy Corporation

October 25, 2005 10:49 ET

Jeffrey Arsenych Joins Tusk Board of Directors

CALGARY, ALBERTA--(CCNMatthews - Oct. 25, 2005) - TUSK Energy Corporation (TSX:TSK) ("TUSK") is pleased to announce that Jeffrey W.C. Arsenych has been appointed as a director.

Mr. Arsenych has been a director of TKE Energy Trust (TSX:TKE.UN) since its formation in November, 2004. TKE recently announced that it had entered in to an agreement to combine with True Energy Inc. and continue as True Energy Trust. Upon the closing of that transaction, Mr. Arsenych will retire from the board of TKE.

Mr. Arsenych is currently Chairman & Director of Ravenwood Energy Corp., a private oil and gas exploration and production company; The Energreen Foundation, a renewable energy charity; Verde Energy Ltd., a private co-generation company; and, Kyoto Fuels Corp., a private bio-diesel company. He was formerly Chairman & Chief Executive Officer of Ravenwood Resources Inc. and President & Chief Executive Officer of Neutrino Resources Inc.

TUSK is an exploration company focused on exploration for and development of natural gas and oil reserves in the northwest part of the Western Canadian Sedimentary Basin, primarily in the Peace River Arch and Mega/Venus areas of northwest Alberta.

Forward Looking Statements - Some of the statements contained in this news release are forward-looking statements. Forward-looking statements may include, but are not limited to, statements concerning estimates of recoverable hydrocarbons, expected hydrocarbon prices, expected costs, statements relating to the continued advancement of the Company's projects and other statements which are not historical facts. When used in this document, and in other published information of TUSK, the words such as "could," "estimate," "expect," "intend," "may," "potential," "should," and similar expressions are indicative of a forward-looking statement. Although TUSK believes that its expectations reflected in the forward-looking statements are reasonable, the potential results suggested by such statements involve risk and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Various factors, which could cause actual results to differ from these forward-looking statements, include the potential that TUSK's projects will experience technical and mechanical problems, geological conditions in the reservoir which may negatively impact levels of oil and gas production and changes in product prices and other risks not anticipated by TUSK or disclosed in TUSK's published material. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties.

Contact Information

  • TUSK Energy Corporation
    Norman W. Holton
    (403) 264-8875
    TUSK Energy Corporation
    1900, 700-4th Avenue S.W.
    Calgary, Alberta, T2P 3J4
    (403) 264-8875
    (403) 264-8861 (FAX)