PRD Energy Inc.
TSX VENTURE : PRD

PRD Energy Inc.

May 19, 2015 18:03 ET

PRD Energy Announces Management Change

CALGARY, ALBERTA--(Marketwired - May 19, 2015) - PRD Energy Inc. ("PRD" or the "Company") (TSX VENTURE:PRD) announces that Mark Hornett, President and Chief Operating Officer, has resigned from his position as an officer of the Company and its subsidiaries, effective June 15, 2015. Mr. Hornett will remain a director of PRD Energy Inc.

"Mr. Hornett played a key role in the entry of PRD into Germany and he has been an influential factor in creating a positive reputation in the industry. We thank him for his contributions and wish him success in his future endeavors," said Michael Greenwood, Chairman and CEO. Mr. Hornett added "It's been a great experience to work with and build such a strong team in entering the German market. I look forward to seeing the success of the Company going forward."

Over the past several years the Company has substantially grown its team in Germany and Calgary with highly qualified professionals capable of executing the Company's business plan in Germany.

About PRD

PRD Energy Inc. is a Calgary based oil and gas company engaged in the exploration, development and acquisition of, natural gas and crude oil in Germany. PRD's common shares are listed on the TSX Venture Exchange with the symbol "PRD".

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.

Contact Information

  • PRD Energy Inc.
    Michael Greenwood
    Chairman and Chief Executive Officer
    (403) 234-0501
    (403) 234-0511 (FAX)

    PRD Energy Inc.
    Jeff Scott
    Vice President, Finance and Chief Financial Officer
    (403) 234-0501
    (403) 234-0511 (FAX)