Silverbirch Energy Corporation (TSXV:SBE)
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CALGARY, Dec. 30 /CNW/ --
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE
UNITED STATES/
CALGARY, Dec. 30 /CNW/ - On behalf of the Board of Directors of
SilverBirch Energy Corporation ("SilverBirch"), Donald R. Ingram,
Chairman, is pleased to announce the appointment of Bill Watson to the
Board of Directors.
Mr. Watson has had a very successful career in the petroleum industry
for over 35 years and has recently retired from his position as Chief
Operating Officer of Husky Energy's South East Asia Business Unit.
Much of that career was with Marathon Oil Company in a variety of
locations including Calgary, Houston, Russia, Alaska and the North
Sea. He has expertise in the areas of engineering, project management
and in situ oil sands development.
The Board of Directors is very pleased to have Mr. Watson join
SilverBirch and is confident that his expertise will benefit the
organization.
In connection with his appointment, Mr. Watson has been granted 45,000
options by SilverBirch. The options have an exercise price of $7.07 and
expire on December 29, 2017. The options granted vest as to one third
on the first anniversary of the date of grant, one third on the second
anniversary of the date of grant and the balance on the third
anniversary of the date of grant. The appointment of directors of
SilverBirch and all stock option grants are subject to receipt of the
necessary regulatory approvals, including the approval of the TSX
Venture Exchange.
About SilverBirch
SilverBirch Energy Corporation is a pre-production oil sands company
headquartered in Calgary, Alberta, Canada. SilverBirch has a rich
portfolio of mining and in situ oil sands properties, including 50%
ownership of the Frontier and Equinox Projects. To learn more, please
visit www.silverbirchenergy.com.
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pHoward Lutley, President and Chief Executive Officer, at 403-538-7030./p