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MEI Manitok Energy Inc.

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Share Name Share Symbol Market Type
Manitok Energy Inc. TSXV:MEI TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Manitok Energy Inc. Announces Appointment of New Vice President Production and Engineering

25/03/2014 11:00am

Marketwired Canada


NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES OF AMERICA.


Manitok Energy Inc. (the "Corporation" or "Manitok") (TSX VENTURE:MEI) Manitok
is pleased to announce the appointment of Tim Jerhoff as the Corporation's new
Vice President Production and Engineering. Mr. Jerhoff is a professional
engineer with over 25 years of experience in the Canadian oil and gas industry.
Mr. Jerhoff began his career with Petro-Canada in 1988 and he eventually became
Team Lead, northeast BC natural gas and was responsible for growing the business
to about 8,300 boepd. In 1996, Mr. Jerhoff joined Richland Petroleum where he
spent six years as Vice President, Engineering and Corporate Development,
building the company to over 6,000 boepd while focusing on assets in southeast
Saskatchewan and southern Alberta. Subsequent to the sale of Richland Petroleum
to Provident Energy Trust, Mr. Jerhoff was a member of the management team at
Terraquest Energy, which was sold to Masters Energy in 2004. Following
Terraquest, Mr. Jerhoff spent six years with Provident Energy Trust leading a
multi-disciplinary development team focused in Southern Alberta and Dixonville,
Alberta and was responsible for managing over 6,500 boepd. Mr. Jerhoff's most
recent role was as Manager, Clearwater South Production at Encana Corporation
where he was responsible for managing 30,000 boepd and a capital program of over
$100 million per year. 


The Corporation wishes to announce the departure of Yvonne McLeod as Manitok's
Vice President, Drilling and Facilities. The board of directors of Manitok
thanks Ms. McLeod for her service and wishes her every success in the future.
Jim Roth, Drilling Manager, will take over Ms. McLeod's drilling engineering
duties while Tim Jerhoff will take over the facility engineering duties. Mr.
Roth has been primarily responsible for the day to day drilling operations since
joining Manitok in July 2013. Mr. Roth has over 20 years of experience with
drilling, completions, production and operational experience. Mr. Roth comes to
Manitok after spending most of his career at Talisman Energy where he gained
experience drilling throughout Canada and north eastern United States before
joining the Foothills team at Talisman. 


About Manitok 

Manitok is a public oil and gas exploration and development company focusing on
conventional oil and gas reservoirs in the Canadian foothills and Southeast
Alberta. The Corporation will utilize its experience and expertise to develop
the untapped conventional oil and liquids-rich natural gas pools in both the
Foothills and Southeast Alberta areas of the Western Canadian Sedimentary Basin.



For further information view our website at www.manitokenergy.com. 

Barrels of Oil Equivalent 

The term barrels of oil equivalent ("boe") may be misleading, particularly if
used in isolation. Per boe amounts have been calculated using a conversion ratio
of six thousand cubic feet (6 mcf) of natural gas to one barrel (1 bbl) of oil.
The boe conversion ratio of 6 mcf to 1 bbl is based on an energy equivalency
conversion method primarily applicable at the burner tip and does not represent
a value equivalency at the wellhead. Given that the value ratio based on the
current price of crude oil as compared to natural gas is significantly different
from the energy equivalency of 6:1, utilizing a conversion on a 6:1 basis may be
misleading as an indication of value. 


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: 
Manitok Energy Inc.
Massimo M. Geremia
President & Chief Executive Officer
403-984-1751
mass@manitok.com
www.manitokenergy.com

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