Tesla Exploration Ltd.

June 30, 2011 09:15 ET

Tesla Announces Director Appointment

CALGARY, ALBERTA--(Marketwire - June 30, 2011) - Tesla Exploration Ltd. (TSX:TXL) ("Tesla" or the "Company") is pleased to announce that Fernando Aguilar has been appointed to Tesla's Board of Directors. Mr. Aguilar is the President and Chief Operating Officer of Calfrac Well Services Ltd., and has extensive experience in technology, business and oilfield services. Prior to joining Calfrac, Mr. Aguilar held senior executive positions with a global geophysical company. Richard Habiak, Tesla's President and Chief Executive Officer, commented, "We are very pleased to welcome Fernando to our Board and expect that his expertise will complement the strong leadership our Board provides to the Company".

About Tesla

Tesla provides geophysical and related services in Canada, internationally through its wholly owned subsidiaries Tesla-IMC International Ltd. and Tesla Exploration Trinidad Ltd., and in the United States through Tesla-Conquest Inc. and Tesla Offshore LLC. Since the Company's inception in 2000, Tesla has grown both organically and through acquisitions funded by retained earnings and prudent levels of borrowing, from a Canadian focused land seismic business to a global provider of a broad suite of geophysical and related services. Tesla trades on the TSX under the symbol "TXL".

Contact Information

  • Tesla Exploration Ltd.
    Mr. Richard Habiak
    President and CEO
    (403) 216-0990

    Tesla Exploration Ltd.
    Mr. Stuart Craven
    Vice President and CFO
    (403) 692-4602