TSX SYMBOL: FRC
CALGARY, May 25 /CNW/ - Canyon Services Group Inc. is pleased to announce the appointment of Mr. Richard ("Ric") E. Peterson to the Board of Directors effective May 25th, 2010.
Mr. Peterson has a long and successful history of establishing growing companies in the oilfield services industry. He was the former Chief Executive Officer of Producers Oilfield Services Inc. until the company was sold to the Mullen Group in 2006. In 2006 Mr. Peterson became the Chairman and Chief Executive Officer of Horizon North Logistics Inc. and in January of 2010 he retired as the Chief Executive Officer and remains as the company's Executive Chairman.
Brad Fedora, Canyon's President and Chief Executive Officer, said, "Mr. Peterson's depth of experience in the oilfield services industry will be a valuable asset to Canyon as the company expands its operations in the Western Canadian Sedimentary Basin."
SOURCE Canyon Services Group Inc.
For further information: For further information: Canyon Services Group Inc., Mr. Brad Fedora, President and Chief Executive Officer, No.1600, 510-5th St. S.W., Calgary, Alberta, T2P 3S2, Phone (403) 290-2491, Fax: (403) 355-2211; Or Canyon Services Group Inc., Mr. Barry O'Brien, Vice President Finance and Chief Financial Officer, No.1600, 510-5th St. S.W., Calgary, Alberta, T2P 3S2, Phone (403) 290-2478, Fax: (403) 355-2211