TSXV - "GLK"
CALGARY, Nov. 27 /CNW/ - Global Energy Services Ltd., (GLK - TSX
Venture), announces the appointment of Mr. Bill Petrie as the Chairman of the
Board of Directors of Global Energy Services.
On November 26, 2007, due to health reasons, Chairman Mr. Larry Nachshen
has retired from Global Energy Service's Board of Directors.
"Larry's leadership, along with his passion and understanding of the
capital markets, will be missed," said Derek Begin, President and Chief
Executive Officer, Global Energy Services. "His contribution to Global was
Mr. Bill Petrie, who is currently a member of Global's Board of
Directors, will succeed Mr. Nachshen as Chairman of the Board. Mr. Petrie is a
petroleum geologist and entrepreneur with over 30 years of experience in the
oil and gas industry. He is currently President of Marengo Petroleum Corp., a
private oil and gas exploration company. Additionally, Mr. Petrie was one of
the founding directors of what is now Peyto Energy Trust.
"The Global executive team joins me in welcoming Bill in his new role as
Chairman of Global Energy Services," said Derek Begin. "We have valued his
counsel, support and keen interest in our business as a Board member and look
forward to his contribution as Chairman of the Board."
About Global Energy Service Ltd.
Global Energy Services Ltd. is an innovative oilfield service company
that provides production services and communications solutions to the oil and
gas industry. The production services segment utilizes their patented
Activator hydraulic submersible pump to enhance gas production in conventional
gas and coalbed methane wells. Global's communications segment provides a
complete suite of integrated products and solutions specifically suited for
the oil and gas industry. Global was founded in 1994 and is listed on the
More information about Global Energy Services can be found at
For further information:
For further information: Derek M. Begin, President and Chief Executive
Officer., Farhan Farshori, Vice President, Corporate Development, Global
Energy Services Ltd., No. 10, 5920 - 11th Street S.E., Calgary, Alberta, T2H
2M4, Tel: (403) 243-0820, Fax: (403) 243-3425, E-mail:
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