NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
TSX V Trading Symbol: SWE
CALGARY, July 3, 2012 /CNW/ - SilverWillow Energy Corporation (TSXV:SWE) is pleased to announce the appointment of Mr. Michael Stevens as Vice President and Chief Financial Officer, effective immediately. Mr. Stevens replaces Ms. Susan J. Pain who has fulfilled her three-month term employment contract as transitional CFO during SilverWillow's first quarter of operations.
Mr. Stevens has been an integral member of SilverWillow's senior team in his previous position as Vice President, Finance. He brings a depth and breadth of finance and leadership proficiency as well as crucial financial expertise and understanding of SilverWillow's focus on exploring and developing its in-situ oil sands assets. Since November 2004, Mr. Stevens has succeeded in roles of increasing responsibility with both of SilverWillow's predecessor companies; as Senior Manager of Finance and Investor Relations at SilverBirch Energy Corporation and as Manager, Financial Analysis with UTS Energy Corporation. He is a CFA charterholder and has a Bachelor of Commerce degree with distinction from the University of Calgary.
SilverWillow wishes to express its appreciation to Ms. Pain for her significant contributions to both predecessor companies over the past ten years and wishes her the very best in her future endeavors.
About SilverWillow Energy
SilverWillow Energy Corporation is a Calgary, Alberta based pre-production oil sands company with a portfolio of exploration leases in Canada's Athabasca oil sands. To learn more, please visit www.swenergy.ca.
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:
please contact Howard J. Lutley, President and Chief Executive Officer, at (403) 538-7030.