Aug. 22, 2011
/PRNewswire/ - Canadian Energy Exploration Inc. ("
" or the "
) is pleased to announce that it has set the date for the Annual and Special Meeting (the "Meeting") of its shareholders, to be held in
Thursday, September 15, 2011.
The Information Circular for the meeting, which will be mailed to shareholders on
August 22, 2011
, proposes a three person Board of Directors, including
Lawrence B. Buzan
John C. McGilvary
, both of whom are currently directors of the Company.
In addition, the Company is proposing the election of
as a director. Mr. Chase is currently the Chief Executive Officer of Chase Resources Inc. and the Chief Financial Officer of Kanduit Electric Ltd. Mr. Chase has over 30 years of petroleum industry experience.
, the President and Chief Executive Officer of the Company, commented, "We are very pleased that
has agreed to stand for election as a director of the Company at our upcoming Meeting. Mr. Chase has extensive experience in the oil and gas industry, and we are confident that his counsel will be significant to Canadian Energy's future development. We are also grateful to
William S. Sudhaus
John D. Wright
Chris J. Bloomer
and George Tsafalas, who will not be standing for re-election at the Company's upcoming Meeting, for their considerable past service to the Company. We wish them all well in their future endeavors."
About Canadian Energy Exploration Inc.
Canadian Energy Exploration Inc. is a junior oil and gas company engaged in the exploration for and development and production of oil and natural gas reserves in Western Canada. The Company's common shares trade on the TSX Venture Exchange under the symbol "XPL".