CALGARY, Aug. 7, 2012 /CNW/ - Terrex Energy Inc. ("Terrex" or the "Company") (TSXV: TER) announces that Ms. Kim Davies has resigned as a Director of Terrex, effective immediately. Ms. Davies was not included in the slate of nominees for the board of directors at the Company's upcoming annual general meeting to be held on August 17, 2012 and there is no replacement being considered at this time.
Terrex Energy Inc. is a Calgary based junior oil company that focuses on the application of proven enhanced oil recovery methods to improve oil production from existing mature fields. Terrex targets underexploited and undercapitalized light to medium oil reservoirs in Western Canada. The Company's shares are listed on the TSX Venture Exchange under the trading symbol "TER".
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Terrex Energy Inc
For further information:
For additional information please contact Jonathan Lexier, President & CEO, or Norman Knecht, VP Finance and CFO, at (403) 264-4430, or visit the Company`s website at www.terrexenergy.ca.