CALGARY, May 26, 2011 /CNW/ - PanTerra Resource Corp. (TSXV:PRC) ("PanTerra" or the "Company") is pleased to announce that, at its recently held Annual General
Meeting the following individuals have been appointed to the Company`s
Board of Directors: Messer's Gordon F. Dixon QC (Chairman), Jake Pronk
P. Geol., J. Glenn Robinson P. Eng., Fred P. Rumak P. Geol., David
Thompson CA and Greg Ziegler P. Eng. Corporate Secretary is Douglas T.
McCartney LLB. Mr. David J. Halpin did not stand for re-election and
the Company would like to thank Mr. Halpin for his past service and
wish him well with his future endeavours.
Further, the Company announces that Ms. Oxana Cusnir CMA, has been
appointed CFO. Ms. Cusnir brings over 15 years of oil & gas and other
accounting experience to the Company. She is a graduate of the Moldova
State University with a degree in Economics. At his request, Mr. Ron
Sparrow has assumed the role of Controller, allowing him more time in
his semi-retirement. The Company would like to express its gratitude to
Mr. Sparrow for his dedicated service to PanTerra in his former
capacity as CFO over the past 6 years.
PanTerra is a diversified junior public oil and gas company listed on
the TSXV (PRC.V) with holdings in both conventional and unconventional
projects in Western Canada. The Company has a current operated
production base of 75 BOPD and 100 Mcf/d gas with excellent
optimization and exploitation potential. Additionally, PanTerra holds
'rights' in approximately 119,000 acres in various properties in
Western Canada. PanTerra trades on the TSX Venture Exchange under the
Company information can be found at: www.panterraresource.com.
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 PanTerra Resource Corp.
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