Compton Petroleum announces management changes

    CALGARY, April 29 /CNW/ - Compton Petroleum Corporation (TSX - CMT, NYSE
- CMZ) wishes to announce the following management changes.
    Mr. Norman Knecht, Vice President, Finance and Chief Financial Officer
('CFO'), has resigned from the Company effective May 12, 2009. Mr. Knecht will
continue in his position until the Annual and Special General Meeting to
facilitate the transition with the new CFO. In addition, Mr. Murray Stodalka,
Vice President, Operations and Engineering, resigned from the Company on March
31, 2009 to pursue other opportunities.
    Mr. C.W. Leigh Cassidy, CA, CFA, will be appointed to the position of
Vice President, Finance and CFO upon Mr. Knecht's departure. In the interim,
Mr. Cassidy will act in an advisory capacity for the Company.
    Mr. Cassidy is an accomplished senior financial executive, bringing over
20 years of extensive restructuring, capital and debt market experience with
multi-national companies including Bow Valley Energy, UTS Energy, Household
International, Emtech Ltd. and Procter and Gamble. Most recently, he was CFO
of Bow Valley Energy, where he directed negotiations with the international
bank syndicate and creditors for restructuring the company's credit
facilities, and navigated the company through a successful strategic review
process and company sale. At UTS Energy, Mr. Cassidy structured, defined and
arranged financing for the company's interests as it changed its focus from a
diverse natural resources investor to the development of the Fort Hills oil
sands project. His career also included completing the structuring and
financing of Signet Energy and the strategic refocusing of Household Financial
    In his new position, Mr. Cassidy will lead the Company's financial
restructuring efforts, enhance corporate reporting and stewardship and play an
active role in the development of the organization's strategic direction. Mr.
Cassidy holds an Honours Bachelor of Business Administration degree from the
Wilfrid Laurier University, holds a Chartered Financial Analyst designation,
and is a Chartered Accountant.
    Additionally, Ms. Susan J. Soprovich, CMA, has joined Compton as
Director, Investor Relations, to lead Compton's communications strategy and
direction. Ms. Soprovich brings expertise through her experience in both
corporate and consulting capacities. Recently, she was Vice President,
Investor Relations and Corporate Governance at Bankers Petroleum Ltd. where
she was responsible for the strategic direction of the company's international
investor and public relations, and regulatory activities. Prior to Bankers,
Ms. Soprovich was employed in increasingly senior roles at various resource
companies including Fording Canadian Coal Trust, Cavell Energy, Gulf Canada
Resources and PanCanadian Petroleum. Ms. Soprovich holds an Honours Bachelor
of Commerce degree from the University of Manitoba, and is the author of The
Canadian IR Practitioner column in the Canadian Investor Relations Institute's
national publication.
    "The addition of Leigh and Susan brings additional strength to our
management team," said Tim Granger, President and Chief Executive Officer.
"Leigh's capital market and restructuring expertise along with Susan's
investor relations and communications experience will be of significant value
as we move forward with our strategic direction."
    Mr. Granger continued, "I would like to sincerely thank Norm and Murray
for their many years of service and contribution to Compton through their
roles in the Company's development. In addition, their support through the
early stages of the organization's transition was greatly appreciated. On
behalf of the Board and the Company, I wish them well in their future

    Forward Looking Statements

    Certain information regarding the Company contained herein constitutes
forward-looking information and statements and financial outlooks
(collectively, "forward-looking statements") under the meaning of applicable
securities laws, including Canadian Securities Administrators' National
Instrument 51-102 Continuous Disclosure Obligations and the United States
Private Securities Litigation Reform Act of 1995. Forward-looking statements
include estimates, plans, expectations, opinions, forecasts, projections,
guidance, or other statements that are not statements of fact, including
statements regarding (i) cash flow and capital and operating expenditures,
(ii) exploration, drilling, completion, and production matters, (iii) results
of operations, (iv) financial position, and (v) other risks and uncertainties
described from time to time in the reports and filings made by Compton with
securities regulatory authorities. Although Compton believes that the
assumptions underlying, and expectations reflected in, such forward-looking
statements are reasonable, it can give no assurance that such assumptions and
expectations will prove to have been correct. There are many factors that
could cause forward-looking statements not to be correct, including risks and
uncertainties inherent in the Company's business. These risks include, but are
not limited to: crude oil and natural gas price volatility, exchange rate
fluctuations, availability of services and supplies, operating hazards, access
difficulties and mechanical failures, weather related issues, uncertainties in
the estimates of reserves and in projection of future rates of production and
timing of development expenditures, general economic conditions, and the
actions or inactions of third-party operators, and other risks and
uncertainties described from time to time in the reports and filings made with
securities regulatory authorities by Compton. Statements relating to
"reserves" and "resources" are deemed to be forward-looking statements, as
they involve the implied assessment, based on estimates and assumptions, that
the reserves and resources described exist in the quantities predicted or
estimated, and can be profitably produced in the future.

    The forward-looking statements contained herein are made as of the date
of this news release solely for the purpose of generally disclosing Compton's
changes in management. Compton may, as considered necessary in the
circumstances, update or revise the forward-looking statements, whether as a
result of new information, future events, or otherwise, but Compton does not
undertake to update this information at any particular time, except as
required by law. Compton cautions readers that the forward-looking statements
may not be appropriate for purposes other than their intended purposes and
that undue reliance should not be placed on any forward-looking statement. The
Company's forward-looking statements are expressly qualified in their entirety
by this cautionary statement.

    About Compton Petroleum Corporation

    Compton Petroleum Corporation is a Calgary-based public company actively
engaged in the exploration, development, and production of natural gas,
natural gas liquids, and crude oil in the Western Canada Sedimentary Basin.
Compton's shares are listed on the Toronto Stock Exchange under the symbol CMT
and on the New York Stock Exchange under the symbol CMZ.
    %SEDAR: 00003803E          %CIK: 0001043572

For further information:

For further information: Susan J. Soprovich, Director, Investor
Relations, Ph: (403) 668-6732, Fax: (403) 237-9410, Email:, Website:

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