Phoenix Oilfield Hauling Inc.
TSX VENTURE : PHN

Phoenix Oilfield Hauling Inc.

June 18, 2012 13:00 ET

Phoenix Announces Changes to Senior Management Team

CALGARY, ALBERTA--(Marketwire - June 18, 2012) - Phoenix Oilfield Hauling Inc. ("Phoenix" or the "Company") (TSX VENTURE:PHN), announced that its Chief Operating Officer, Darcy Thompson is no longer employed by the Company. Phoenix thanks Darcy Thompson for his service to the Company and wishes him the best in his future endeavours.

Phoenix's operations team will be headed by Mr. Wayne Thompson, Vice-President, Operations. Wayne Thompson has been with Phoenix for approximately 2 years. With over 40 years of oilfield experience, Wayne started and developed his extensive background as an operations manager across several different oilfield services companies. Most recently before joining the Phoenix team, Wayne was the President of DC Energy Oilfield Rentals. Prior to this, Wayne owned and acted as Chief Executive Officer of Radar Well Servicing. Wayne's dedication to people has seen the development of many an industry expert across oilfield services. His reputation for quality customer service is second to none and a key element in the success and growth of Phoenix.

About Phoenix Oilfield Hauling Inc.

Phoenix provides specialized transportation services required for the drilling, exploration, development and production of petroleum resources in the Western Canadian Sedimentary Basin and in the United States of America principally in and around the states of Texas and Pennsylvania. Transportation services include both the equipment necessary to move the load as well as a trained, professional driver capable of securing, moving and manipulating the load at its origin and destination. Phoenix's rental operations include the rental of tanks, mats, pickers, light towers and other equipment necessary for oilfield operations.

Phoenix was incorporated in 1994 as a private company to serve the oil and gas industry. In the spring of 2006 the Company went public on the TSX Venture Exchange. Phoenix has major operations in Calgary, AB, Slave Lake, AB, Nisku, AB, Grand Prairie, AB, Melita, MB, Mineral Wells, TX, Pleasanton, TX and New Columbia, PA. Phoenix is publicly traded on the TSX Venture Exchange under the symbol PHN. For more information on Phoenix please visit www.phoenixhauling.com.

Neither 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.

Contact Information

  • Phoenix Oilfield Hauling Inc.
    Bharat Mahajan, CA
    Vice President, Finance and Chief Financial Officer
    (403) 264-5769
    bmahajan@phoenixhauling.com