MONCTON, NB, June 5, 2012 /CNW/ - Landdrill International Inc. (TSXV:
LDI) (the "Company" or "Landdrill"), a growth oriented drilling company with full branch operations in
Canada, Mexico and Mongolia is pleased to announce the appointment of
Roger Rogers, CGA, MBA as Chief Financial Officer of the Company
effective June 6th, 2012. Mr. Rogers replaces Derrick West, CA.
Landdrill's CEO, Ronald J. Goguen, Sr., warmly thanked Mr. West for his
contribution to the company, "Derrick has been an important member of
the team that over the last critical 4 years in our development has
contributed greatly to the growth of Landdrill. He has assisted the
company in completing several financings and acquisitions which has
permitted the company to grow, including during challenging markets.
On behalf of the board, management team and employees, I want to thank
Derrick for his valuable efforts in support of the company."
Mr. Goguen also welcomed Roger Rogers to his new role with the Company,
"we are pleased to welcome Roger as Landdrill's new Chief Financial
Officer. Roger has a demonstrated track record of obtaining
significant financial and operational efficiencies, with many years
focused on strategic planning. He has secured over 20 years of valuable
experience with leading and successful companies. Not only does Roger
possess the financial aptitude required, he brings experience in
operational areas such as procurement, logistics and inventory
management. His breadth of experience will be a great asset to
Landdrill in streamlining operations in their next phase of growth.
Landdrill is in very capable hands with Roger."
Before joining Landdrill, Mr. Rogers held Senior Financial and
Operational Executive Positions at Moosehead Breweries Ltd., most
recently as the Vice President of Supply Chain. Prior to this role,
Mr. Rogers acted as Corporate Controller for Moosehead which followed
his role as a Divisional Controller for J.D. Irving Limited. Mr.
Rogers has also previously acted as the CFO of a large forestry
equipment operator in New Brunswick. Mr. Rogers has attained his
professional Certified General Accountant Designation and completed his
MBA at Saint Mary's University in Halifax, Nova Scotia.
"I am very pleased to be joining Landdrill", stated Mr. Rogers,
"Landdrill is well positioned for short to medium term growth. While
the immediate focus will be ensuring that Accounting and Financial
functions are optimized, my experience should assist in securing
operational efficiencies and improved margins. All of these
undertakings will be in done as a joint effort of the Management Team
and will be in support of Landdrill's continued strategic growth in the
future. The growth of Landdrill over the past few years is impressive
and I look forward to be part of a very profitable future."
Landdrill is a growth oriented international drilling company with a
focus on the metals and minerals industry. The Company continues to
explore opportunities for growth in key markets, either through
establishment of new branch offices or through acquisitions as
opportunities arise. The Company has 48 drills with full branch
operations in Canada, Mexico and Mongolia.
Landdrill has drilled in Canada, Mexico and Asia. Our people have
drilled at altitudes over 15,000 feet and in temperatures ranging from
-50 degrees Celsius to +50 degrees Celsius.
We view all our customers as partners in every venture because we know
that their success ensures our future!
Landdrill offers customized drilling programs to meet your every need
and always looks forward to the next challenge.
For detailed information on Landdrill International Inc., or to request
a bid submission for your project, please visit our website at www.landdrill.com.
This press release may contain forward-looking statements (within the
meaning of applicable securities laws) relating to business of
Landdrill International Inc. (the "Company") and the environment in
which it operates. Forward-looking statements are identified by words
such as "believe", "anticipate", "expect", "intend", "plan", "will",
"may" and other similar expressions. These statements are based on the
Company's expectations, estimates, forecasts and projections. Although
the Company believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, including, without
limitation that all terms of the contracts will be fulfilled in their
entirety, such statements are not guarantees of future performance and
actual results may differ materially from those in forward looking
statements. Factors that could cause the actual results to differ
materially from those in forward-looking statements include commodity
prices, availability of personnel, materials and equipment, actual
performance of equipment and processes relative to specifications and
expectations, unanticipated environmental impacts and continued
availability of capital and financing and general economic, market or
business conditions. These risks and uncertainties are discussed in the
Company's regulatory filings available at www.sedar.com.
There can be no assurance that forward-looking statements will prove to
be accurate as actual outcomes and results may differ materially from
those expressed in these forward-looking statements. Readers,
therefore, should not place undue reliance on any such forward-looking
statements. Further, a forward-looking statement speaks only as of the
date on which such statement is made. The Company undertakes no
obligation to publicly update any such statement or to reflect new
information or the occurrence of future events or circumstances, except
as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
SOURCE LANDDRILL INTERNATIONAL INC.
For further information:
Ronald J. Goguen
President and Chief Executive Officer
Landdrill International Inc.
Phone: (506) 388-8961
Renmark Financial Communications Inc.
John Boidman: firstname.lastname@example.org
James Binkly: email@example.com
Phone: (514) 939-3989 or (416) 644-2020