Milagro Energy Inc.

Milagro Energy Inc.

November 29, 2006 15:45 ET

Milagro Continues to Strengthen the Board

CALGARY, ALBERTA--(CCNMatthews - Nov. 29, 2006) - Milagro Energy Inc. (TSX:MIG) ("Milagro" or the "Company") is please to announce the appointment of Mr. Derek Batorowski to the board of directors of Milagro. Mr. Batorowski is a Certified General Accountant and currently is the Chief Financial Officer of a TSX Venture listed company. Mr. Batorowski will head up the Audit Committee of the board of directors of the Company as well as other duties.

Concurrently, the Company announces the resignation of Mr. Robert Robertshaw as a director of the Company. Management of the Company thanks Mr. Robertshaw for his past contributions. The recent board changes are to shift the focus of the Company at a board level to a specific exploration and production focus and skill set.

Milagro is an exploration and production company engaged in the acquisition, exploration, development and production of oil and natural gas reserves in western Canada.

Contact Information

  • Milagro Energy Inc.
    Jeffrey Rekunyk
    (403) 693-4006
    Milagro Energy Inc.
    Brad Haack
    (403) 693-4007