Twoco Petroleums Ltd. Announces Resignation of Directors


CALGARY, ALBERTA--(Marketwire - Feb. 28, 2013) - Twoco Petroleums Ltd. ("Twoco") (TSX VENTURE:TWO) announces that each of the directors of Twoco has resigned. Twoco has been notified that Alberta Treasury Branches will be making an application to the Court of Queen's Bench of Alberta on Friday, March 1, 2013 at 3:15 p.m. (Calgary time) to have PricewaterhouseCoopers Inc. appointed to act as receiver and manager of Twoco.

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Contact Information:

Twoco Petroleums Ltd.
Wayne A. Malinowski
President and Chief Executive Officer
(403) 231-8653
(403) 237-6048 (FAX)