VANCOUVER, May 27 /PRNewswire-FirstCall/ -- San Telmo Energy Ltd. (OTCBB: STUOF; TSX-V: STU) is pleased to announce the appointment of Stan Herdman as Chief Financial Officer. The appointment is effective immediately.
Mr. Herdman has 25 years experience as a Chartered Accountant, having held senior positions in a public accounting firm and in the oil and gas industry. His background includes work with PanCanadian Petroleum Limited (EnCana), a major Canadian public oil and gas company, where he was manager of the financial and general accounting department. During this time he directed and managed the preparation of financial reports for management, shareholders and regulatory bodies.
Mr. Herdman graduated from the University of Calgary in 1967 with a B.Sc. in Psychology. He obtained his Chartered Accountants designation in 1973 while working with KPMG. During his last five years with KPMG, Mr. Herdman supervised the firm's small business practice, providing accounting services and tax and business management advice.
"We are pleased to have attracted someone of Stan Herdman's caliber and experience to help take San Telmo to the next level," said Brian Bass, President and Chief Executive Officer of San Telmo Energy. "Stan has a proven track record in financial management and strategic planning, which makes him a valuable addition to our executive management team as we implement plans for growth and maximize value for the company and its shareholders."
William E. Schmidt, who has served as Chief Financial Officer for San Telmo on an interim basis, has stepped down. Mr. Schmidt remains a valued and active member of the Board of Directors.
ABOUT SAN TELMO ENERGY LTD
San Telmo Energy Ltd. is an emerging oil and gas company with an experienced management team. Operated through its wholly owned subsidiary San Telmo Energy Inc. of Calgary, Alberta, San Telmo Energy Ltd. is focused on acquiring, developing and producing proven developed and underdeveloped reserves which offer long term value for the company.
FORWARD-LOOKING STATEMENT
This release may contain forward-looking statements, within the meaning of the "safe-harbour" provision of the Private Securities Litigation Reform Act of 1995, regarding San Telmo Energy's business or financial condition. Actual results could differ materially from those described in this news release as a result of numerous factors, some of which are outside of the control of the company.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
San Telmo Energy Ltd.
Mr. Herdman has 25 years experience as a Chartered Accountant, having held senior positions in a public accounting firm and in the oil and gas industry. His background includes work with PanCanadian Petroleum Limited (EnCana), a major Canadian public oil and gas company, where he was manager of the financial and general accounting department. During this time he directed and managed the preparation of financial reports for management, shareholders and regulatory bodies.
Mr. Herdman graduated from the University of Calgary in 1967 with a B.Sc. in Psychology. He obtained his Chartered Accountants designation in 1973 while working with KPMG. During his last five years with KPMG, Mr. Herdman supervised the firm's small business practice, providing accounting services and tax and business management advice.
"We are pleased to have attracted someone of Stan Herdman's caliber and experience to help take San Telmo to the next level," said Brian Bass, President and Chief Executive Officer of San Telmo Energy. "Stan has a proven track record in financial management and strategic planning, which makes him a valuable addition to our executive management team as we implement plans for growth and maximize value for the company and its shareholders."
William E. Schmidt, who has served as Chief Financial Officer for San Telmo on an interim basis, has stepped down. Mr. Schmidt remains a valued and active member of the Board of Directors.
ABOUT SAN TELMO ENERGY LTD
San Telmo Energy Ltd. is an emerging oil and gas company with an experienced management team. Operated through its wholly owned subsidiary San Telmo Energy Inc. of Calgary, Alberta, San Telmo Energy Ltd. is focused on acquiring, developing and producing proven developed and underdeveloped reserves which offer long term value for the company.
FORWARD-LOOKING STATEMENT
This release may contain forward-looking statements, within the meaning of the "safe-harbour" provision of the Private Securities Litigation Reform Act of 1995, regarding San Telmo Energy's business or financial condition. Actual results could differ materially from those described in this news release as a result of numerous factors, some of which are outside of the control of the company.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
San Telmo Energy Ltd.
