PowerComm Inc. Changes Name to PetroCorp Group Inc. and Appoints Officers

EDMONTON, Dec. 23 /CNW/ - PetroCorp Group Inc. (PCG:TSX); the Board of Directors of PowerComm Inc. is pleased to announce that it has completed its name change to PetroCorp Group Inc. and began trading today on the Toronto Stock Exchange under the new name. The trading symbol will remain as "PCG".

In addition the Board of Directors is pleased to announce that Mr. Larry Patriquin has been appointed President and CEO of the corporation. The Board also appointed Mr. Randy Fries as interim CFO of the corporation.

The Board has appointed Mr. Patriquin as Chairman of the Board for the coming year.

Complete financial information, is available on www.SEDAR.com

%SEDAR: 00024772E


For further information: For further information: Larry Patriquin, President and Chief Executive Officer; or Ian D. Hogg, Investor Relations at (780) 777-1250 or at info@petrocorpgroup.ca

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