Rooster Energy Ltd.
TSX VENTURE : COQ

Rooster Energy Ltd.

April 16, 2015 19:05 ET

Rooster Energy Ltd. Announces the Appointment of New Chief Financial Officer

CALGARY, ALBERTA--(Marketwired - April 16, 2015) - ROOSTER ENERGY LTD. (the "Company") (www.roosterenergyltd.com) (TSX VENTURE:COQ) today announces the appointment of Mr. Stephen M. Holder as its new Chief Financial Officer. Mr. Holder commenced his employment on April 16, 2015.

Mr. Holder has more than 34 years of experience in the accounting and oil and gas industries. Most recently, he was a key member of the management team of Coastal Energy Company, a publicly traded international exploration and production company with assets primarily located offshore that was acquired in 2014. Prior to Coastal, Mr. Holder served in various accounting and management positions with the General Electric Company including as Manager of Finance North America for GE Oil & Gas and Manager of Finance Southwest Region for GE Energy Services. Earlier in his career and prior to GE, he worked as assistant controller of Seagull Energy Corporation and controller of Liberty Natural Gas Company which was acquired by Seagull Energy. Mr. Holder earned a bachelor of science in business administration from The University of Texas at Dallas and he is a Certified Public Accountant.

Robert Murphy, President and Chief Executive Officer commented: "We are pleased to welcome Steve to the management team of Rooster and are excited to utilize his vast financial experience gained working in the global exploration and production business. He joins us at a challenging time in the world energy market and his financial leadership abilities will benefit Rooster in growing its asset base and shareholder value in the coming years."

ABOUT ROOSTER ENERGY LTD.

Rooster Energy Ltd. is a Houston, Texas, based independent oil and natural gas exploration and production company focused on the development of resources in the shallow waters of the Gulf of Mexico and the delivery of well intervention services, including well plugging and abandonment, through its wholly owned subsidiary, Morrison Well Services, LLC. Our primary assets consist of interests in 18 federal leases, 9 state leases and 16 rig-less plug and abandonment units of well intervention equipment. The Company is the operator of the majority of its properties and daily oil and gas production.

Investors are welcome to visit our website at www.roosterenergyltd.com.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE RELEASE.

Contact Information

  • For all corporate updates and investor inquiries:
    Rooster Petroleum, LLC
    Gary Nuschler, Jr.
    Vice President-Finance
    (832) 463-0625
    www.roosterenergyltd.com