PetroShale Inc.

May 30, 2013 19:49 ET

Petroshale Announces Appointment of CFO

DENVER, COLORADO--(Marketwired - May 30, 2013) - PetroShale Inc. ("PetroShale" or the "Company") (TSX VENTURE:PSH) is pleased to announce the appointment of Tristan Farel as CFO.

"Mr. Farel has extensive experience with public oil and gas E&P accounting and reporting in the US and Canada. His expertise and systems implementation will facilitate our ability to grow the company while ensuring accounting and reporting best practices," says John Fair, President of PetroShale (US) Inc.

Mr. Farel has more than eleven years of experience in the oil and gas industry including five years as an auditor for Hein & Associates, LLP, three years with Resolute Energy Corporation as Financial Reporting Manager and three years as a consultant to both private and public oil companies in the US, Canada, and Australia. Mr. Farel is President of Pivot Accounting, LLC a specialty accounting firm focused on providing accounting and reporting services to both private and public E&P companies. PetroShale has contracted with Pivot to provide full accounting services for the Company.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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