Wenzel Downhole Tools Ltd.
TSX : WZL

Wenzel Downhole Tools Ltd.

September 14, 2005 18:27 ET

Wenzel Downhole Tools Ltd. Appoints Two New Directors

CALGARY, ALBERTA--(CCNMatthews - Sept. 14, 2005) - Wenzel Downhole Tools Ltd. (TSX:WZL) is pleased to announce the appointment of Mr. Scott Clements as director of the Company.

Mr. Clements recently retired after ten years as CEO of the Edmonton Regional Airports Authority, a period of great change and progress. Prior to that Mr. Clements had a long and distinguished career in the Canadian Air Force. An experienced fighter pilot, he served in many positions including as Commander of the Canadian Air Force with the rank of Lt. General. The Company is proud to have such a distinguished, knowledgeable and experienced Canadian join its Board of Directors.

The Company is also pleased to announce that Mr. Ken Hughes is appointed Lead Director with a mandate to be the advocate for minority shareholders in addition to fulfilling the regular responsibilities of a director. Mr. Hughes has an impressive record in both public and private sector affairs and is a graduate of the Director's Education Program, of the Institute of Corporate Directors.

These appointments are a part of the continuing effort by the Company to strengthen its governance practices.

The Company is listed on the TSX but is not trading due to the cease trading order disclosed in news releases dated March 23, 2004 and April 5, 2004.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy and accuracy of this release.

Contact Information

  • Wenzel Downhole Tools Ltd.
    Harvie Andre
    President and C.E.O.
    (403) 205-6696
    or
    Wenzel Downhole Tools Ltd.
    Ron Dooley
    Chief Financial Officer
    (403) 205-6696
    (403) 265-8154 (FAX)