CALGARY, June 18, 2012 /CNW/ - Marquee Energy Ltd. (TSX-V: MQL) ("Marquee" or the "Company") announces that the following matters were approved by the shareholders at the annual and special meeting (AGM) held today in Calgary.
Shareholders re-elected Messrs. Dennis Feuchuk, Richard Alexander, Glenn Carley, Bruce Hammond, Robert Steele and Richard Thompson as directors of the Company. Marquee would like to thank retiring board member Don Garner for his contributions to Marquee, especially his assistance with respect to the Company's transition from SkyWest Energy Corp. to Marquee Energy Ltd. Following the meeting the Board of Marquee Energy announced the appointment of Greg Bay as a new director. Mr. Bay is a founding partner and President and CEO of Cypress Capital. Mr. Bay brings with him over 25 years of experience in the investment industry with emphasis on the oil and gas sector. Mr. Bay is also a director of the Mullen Group Ltd., Fairborne Energy Ltd., Hyperion Exploration Ltd. and Waldron Energy Corp.
The shareholders also approved the appointment of Collins Barrow LLP as auditors of Marquee and approved the Company's Stock Option Plan.
At the end of the meeting a short presentation on the Company's recent operations was given by Marquee President & CEO Richard Thompson. A copy of the presentation is now available on the Company's website at www.marquee-energy.com.
Marquee Energy Ltd. is a publicly traded Calgary-based growth oriented junior oil and gas company currently focused on high rate of return oil and liquids rich gas production in Alberta. Additional information about Marquee may be found in its continuous disclosure documents filed with Canadian securities regulators at www.sedar.com. Marquee intends to continue to grow the company organically and through strategic acquisitions in each of its core areas.
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.
For further information:
Marquee Energy Ltd.
President & CEO
Roy Evans, C.A.
Vice President, Finance & CFO
or visit the Company's website at www.marquee-energy.com