Pennant Energy Inc.
TSX VENTURE : PEN

Pennant Energy Inc.

July 16, 2013 09:00 ET

Pennant Announces Death of Director David Finn

VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 16, 2013) - Pennant Energy Inc. (TSX VENTURE:PEN) ("Pennant" or the "Company") announces today that David Finn, a director of the Company, died suddenly on July 15, 2013.

David served on Pennant's board of directors for almost 10 years and had a distinguished career in the oil & gas business for over 30 years.

Garth Braun, CEO of Pennant, stated: "We are deeply saddened to announce David's passing. David was a wonderful supporter and friend. He will be greatly missed. In his role as a director, his wealth of knowledge and expertise of the energy industry and his sage advice and guidance made an invaluable contribution to the Company. The directors and management of Pennant extend their heartfelt condolences to David's family during this difficult time."

About Pennant Energy

Pennant's core project is the Bigstone Project and is comprised of lands and licenses covering a total of 5,120 acres (net 1,120 acres), in Township 60, ranges 22 and 23W5 at Bigstone, Alberta. By completing the terms of a farm in agreement with Donnybrook Energy Inc., Pennant earned 25 per cent of Donnybrook's interest in the Bigstone lands and in any future operations within an area of mutual interest.

PENNANT ENERGY INC.

Garth Braun, President & CEO

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