Point North Energy Ltd.

Point North Energy Ltd.

November 01, 2006 16:15 ET

Point North Energy Announces Departure of VP Land

CALGARY, ALBERTA--(CCNMatthews - Nov. 1, 2006) - Point North Energy Ltd. (TSX:PNY) ("Point North" or the "Corporation") announced today that Mr. Wayne Geddes, Vice President Land and Business Development will be leaving Point North effective October 31, 2006.

On September 27, Point North Energy was granted creditor protection under Companies' Creditors Arrangement Act. As a result of a shift in the company's focus following this development, Point North no longer requires the services of a land and business development professional.

Point North President and CEO John Emery said Mr. Geddes has provided innumerable contributions to Point North since coming aboard in March 2006.

"It was a pleasure having Wayne as part of the Point North team," he said. "I wish him all the best, now and in his future endeavours."

About Point North

Point North is a northern-focused junior natural gas company with assets in Fort Liard, N.W.T., northeast B.C., and northwest Alberta. Point North is the successor company to Purcell Energy Ltd. after the reorganization completed on November 2, 2005.

Contact Information

  • Point North Energy Ltd.
    John Emery
    President & CEO
    (403) 269-5803
    (403) 264-1336 (FAX)
    Iradesso Communications Corp.
    Stephanie K. Mesher
    Investor Relations Advisor
    (403) 503-0144 Ext: 216
    Point North Energy Ltd.
    2810, 605 - 5th Avenue SW
    Calgary, AB, T2P 3H5
    Website: www.pointnorthenergy.com