Global Energy Services Ltd. Announces Appointment of New Director and Stock Option Grant



    
    TSX-V: "GLK"
    Shares Outstanding 20,535,959
    

    CALGARY, Jan. 6 /CNW/ - Global Energy Services Ltd. ("Global Energy")
(GLK - TSX Venture), is pleased to announce the appointment of David A.
Simpson as a new director. Mr. Simpson, Registered Professional Engineer
(Colorado, New Mexico) of Farmington, New Mexico brings a wealth of knowledge
and broad experience to the Board. He is currently the Principal Engineer in
his own consulting practice, MuleShoe Engineering which specializes in CBM
development and operations, gas compression, pipeline modeling and low
pressure operations. Mr. Simpson has had experience with major US production
companies.
    Subject to regulatory approval, in connection with the new appointment,
the Board of Directors has approved a stock option grant to purchase up to an
aggregate total of 50,000 common shares of the Corporation to the new director
at an issue price of $0.26 per share. The grant is to provide a compensatory
incentive for the services provided to the Corporation and demonstrates the
commitment that the Corporation has to encourage and enable the acquisition of
an equity interest by the participant.

    About Global Energy Services Ltd.

    Global Energy is an innovative oilfield service company that provides
production services and communications solutions to the oil and gas industry.
The production services segment utilizes its patented Activator hydraulic
submersible pump to enhance gas production in conventional gas and coalbed
methane wells. Global Energy's communications segment provides a complete
suite of integrated products and solutions specifically suited for the oil and
gas industry. Global Energy was founded in 1994 and is listed on the TSX-V.
    More information about Global Energy Services Ltd. can be found at
http://www.global-energy.ca.

    
    THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
    RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. THIS NEWS
    RELEASE MAY CONTAIN FORWARD-LOOKING INFORMATION. ACTUAL FUTURE RESULTS
    MAY DIFFER MATERIALLY FROM THOSE CONTEMPLATED.
    

    %SEDAR: 00006009E




For further information:

For further information: Derek Begin, President and CEO, Global Energy
Services Ltd., Tel: (403) 243-0820, Email: dbegin@global-energy.ca; Don
Jorgensen, Vice President Finance & CFO, Global Energy Services Ltd., Tel:
(403) 243-0820

Organization Profile

GLOBAL ENERGY SERVICES LTD.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890