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NTN

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Share Name Share Symbol Market Type
TSXV:NTN 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 -

Newton Energy Corporation Announces Appointment of Chief Executive Officer

29/10/2012 12:30pm

Marketwired Canada


Newton Energy Corporation (TSX VENTURE:NTN) (the "Company" or "Newton")
announces that, subject to regulatory approval, it has appointed Philip Birch as
Chief Executive Officer of the Company. Mr. Birch brings over 30 years
international upstream oil and gas technical and business leadership experience
to Newton. Mr. Birch has spent over 15 years with Enterprise Oil, where he took
leading technical roles in high impact exploration and production projects
within the North Sea and internationally. He has subsequently built and sold
three successful start-up businesses, providing significant shareholder returns
and has acted as an advisor to a number of junior oil companies, including Grove
Petroleum and Newton. Mr. Birch is a Fellow of the Geological Society and holds
an MBA and an MSc in Petroleum Geology. 


The Company also announces the resignation of Steve Engwall as the Chief
Executive Officer of the Company for personal reasons. The board of directors of
the Company would like to thank Mr. Engwall for his services and wish him
continued success. Mr. Engwall will continue in his capacity as a director and
will also be engaged as a consultant with the Company.


The Company would also like to announce the appointment of Merv Chia as
Executive Chairman. Mr. Chia will continue to provide business development
expertise in his expanded role with the Company. 


About Newton 

Newton is an oil and gas company with exploratory targets on its East Midlands
licenses in the United Kingdom. Newton maintains offices in London, England and
Calgary, Alberta.


ADVISORY: 

This news release may contain certain forward-looking information and
statements, including without limitation, statements pertaining to regulatory
approval, including the Company's ability to obtain necessary approvals from the
TSX Venture Exchange. All statements included herein, other than statements of
historical fact, including are forward-looking information and such information
involves various risks and uncertainties. There can be no assurance that such
information will prove to be accurate, and actual results and future events
could differ materially from those anticipated in such information. A
description of assumptions used to develop such forward-looking information and
a description of risk factors that may cause actual results to differ materially
from forward-looking information can be found in Newton's disclosure documents
on the SEDAR website at www.sedar.com. Newton does not undertake to update any
forward-looking information except in accordance with applicable securities
laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Newton Energy Corporation
J. Arthur (Art) Bray
Chief Financial Officer
(403) 410-3822
art.bray@newtonenergy.ca


Newton Energy Corporation
200, 638 - 11th Avenue SW
Calgary, Alberta T2R 0E2

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