VGS Seismic Canada Inc.

VGS Seismic Canada Inc.

July 15, 2008 13:53 ET

VGS Announces Management Changes

CALGARY, ALBERTA--(Marketwire - July 15, 2008) - VGS Seismic Canada Inc. ("VGS", or "the Company) (TSX VENTURE:VGS) announces the resignation of Mr. Steven Vasey, President and CEO, and Mr. Vasey has also resigned from the Board of Directors. The Board of VGS will immediately engage a search firm to assist with finding a new Chief Executive Officer. Until a candidate is selected, Mr. Richard White, a member of the board of VGS will act as President and CEO.

VGS also announces the departure of Mr. Dale Harger, Chief Operating Officer, and Ms. Christine St. Clair, Vice President of Operations.

Based in Calgary, Alberta, VGS Seismic Canada Inc. identifies, creates and markets digital seismic data for licensing to oil and natural gas exploration companies. To date, the Corporation's growing data library is concentrated in British Columbia, Southern Alberta and Eastern Saskatchewan. VGS shares trade on the TSX Venture Exchange under the symbol VGS.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • VGS Seismic Canada Inc.
    Scott Milroy
    Chief Financial Officer
    (403) 984-5306