CALGARY, Feb. 1, 2013 /CNW/ - Raise Production Inc. (TSX-V: RPC) ("Raise" or the "Company") is pleased to announce that Susan Scullion, CA has assumed the duties of CFO (Chief Financial Officer) effective immediately. Former CFO, Dean Martin, has resigned to pursue other interests.
Eric Laing, President and Chief Executive Officer commented,
"We are pleased that Susan has accepted the role of CFO at this critical time in the company's evolution, her experience and commitment will be invaluable as we progress from development to deployment and ultimately commercialization of our proprietary horizontal well production technology."
The company would also like to thank Mr. Dean Martin for his contributions and efforts over the last 18 months. The company management and board of directors wish him well in his future endeavors.
About Raise Production Inc.
The Company is an innovative oilfield service company that focuses its efforts on the production service sector, utilizing its patented products to enhance and increase ultimate production in both conventional and unconventional horizontal oil and gas wells.
This news release contains certain forward-looking statements. All statements, other than statements of historical fact, are forward looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from these anticipated in such statements.
Neither 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 news release.
SOURCE: Raise Production Inc.
For further information:
Eric Laing, President and Chief Executive Officer
Susan Scullion, Chief Financial Officer
Raise Production Inc.
2620-58th Avenue S.E.
Calgary, Alberta T2C 1G5
Tel: (403) 699-7675
Web site at: www.raiseproduction.com