Opal Energy Corp.
TSX VENTURE : OPA

Opal Energy Corp.

October 10, 2008 08:30 ET

Opal Energy Announces Appointment of New Director and Senior Officers

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 10, 2008) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Opal Energy Corp. (the "Company") (TSX VENTURE:OPA) announces that its Board of Directors has appointed Mr. David Hughes to the Board as an independent director.

Mr. Hughes is currently the president of International Consulting Alliance, a Vancouver-based management consulting firm. Prior to beginning an 18-year career as a management consultant, he held several senior positions at major companies in the mining, air transportation, manufacturing and retail sectors. His extensive international experience includes work in Asia, Europe and throughout North America. Mr. Hughes has taught entrepreneurship and marketing at several post-secondary institutions. He served as the chair of the British Columbia Ethics in Action Society, a program that recognizes companies for their achievements in business ethics, and he is currently on the boards of several not-for-profit community organizations.

The Company also announces that the Board has accepted the resignations of Mr. Barry Williamson as director, president and CEO, and Mr. Bruce Huff as CFO and corporate secretary, effective October 9, 2008. Further, the Board has made the following appointments: Michael Curtis, as the new president and CEO; and John Lang, previously the Company's controller, as the new CFO and corporate secretary.

President and CEO Michael Curtis commented, "We greatly appreciate Barry's and Bruce's service to the Company and wish them both well. Likewise, we welcome David to the Board and John to his new role. While the Company has experienced many changes of late, its strategic focus remains the SW Victoria 3-D Seismic Survey initiative. David and I met with the Company's exploration team last week to discuss the project. Our current plan is to commence drilling operations in the survey region this winter. We look forward to reporting on our progress."

Opal Energy Corp.

Opal Energy Corp. is an independent exploration and production company, focused on developing onshore natural gas resources in South Texas. Key components of its strategy include the use of proprietary 3-D seismic surveys, concentration on underexplored regions and reliance on a team of highly experienced E&P professionals, based primarily at the company's U.S. headquarters in Katy, Texas. Listed on the TSX-V Exchange (TSX VENTURE:OPA), the company also maintains a corporate office in Vancouver, B.C., Canada and a satellite office in Victoria, Texas.

Contact Information