EQU: TSX, NYSE
CALGARY, AB, March 10, 2011 /PRNewswire-FirstCall/ - Equal Energy Ltd. ("Equal" or the "Company") is pleased to announce the appointment of Terry Fullerton as Senior Vice President, Exploration, responsible for oversight of the Company's geological and geophysical activities. Terry will report to Don Klapko, President and Chief Executive Officer.
Ms. Fullerton joined Equal in August, 2009 and to date has been responsible for Canadian geological and geophysical activities. She was instrumental in decisions to pursue the Lochend Cardium and Alliance Viking light oil resource plays that are now the Company's main areas of focus in Canada. Terry is a Professional Geologist with over 22 years of oil and gas experience. Prior to joining Equal, Terry was chief geologist at Rio Alto International, Luke Energy and Trafalgar Energy in succession. Terry holds a BSc. in Geology from the University of Saskatchewan.
Don Klapko, President and Chief Executive Officer of Equal said, "We are pleased to have Terry in this new position and look forward to her insight and experience on our management team. We have three exciting plays to pursue in the Cardium, Viking and Hunton and Terry will be a key contributor to our decisions on how we allocate and optimize our capital spending on these opportunities."
About Equal Energy Ltd.
Equal is an exploration and production oil and gas company based in Calgary, Alberta, Canada with its United States operations office located in Oklahoma City, Oklahoma. Equal's shares and debentures are listed on the Toronto Stock Exchange under the symbols (EQU, EQU.DB, EQU.DB.A, EQU.DB.B) and Equal's shares are listed on the New York Stock Exchange under the symbol (EQU). The portfolio of oil and gas properties is geographically diversified with producing properties located in Alberta, British Columbia, Saskatchewan and Oklahoma. Production is comprised of approximately 55 percent crude oil and natural gas liquids and 45 percent natural gas. Equal has compiled a multi-year drilling inventory for its properties including its new oil play opportunities in the Cardium and Viking in central Alberta in addition to its extensive inventory of drilling locations in the Hunton liquids-rich, natural gas play in Oklahoma.