Cap Rock Energy (AMEX:RKE)
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Cap Rock Energy Announces Departure of Chief Financial Officer;
Appointment of Chief Accounting Officer
MIDLAND, Texas, April 6 /PRNewswire-FirstCall/ -- Cap Rock Energy Corporation
(AMEX:RKE) announced today that Lee D. Atkins' employment with the Company
ended April 5, 2005. Mr. Atkins had served as the Company's Senior Vice
President/Chief Financial Officer/Treasurer since September 2001. Mr. Atkins'
departure is not related to any disagreement with regard to financial,
accounting or disclosure items.
Celia Page, Vice President/Controller, has been appointed the Company's Chief
Accounting Officer. Ms. Page currently has an employment contract with the
Company, which will not change as a result of her additional title and duties.
Ms. Page holds a Bachelors degree in both Accounting and Mathematics from the
University of Texas at Arlington, and is a Certified Public Accountant. She
joined Cap Rock in July 2001 as Controller, and was elected Assistant
Secretary/Treasurer in August 2002, and Vice President in December 2002. The
previous 5 years she served as Senior Vice President and Controller of Costilla
Energy, Inc., a public energy company. Ms. Page has over 25 years of
experience in the energy industry.
Mr. Atkins' job duties will be assumed at the present time by Ms. Page and Cap
Rock's President, William West. Ms. Page has been responsible for overseeing
the Company's accounting and financial functions. The Company expects no
changes or delays in business operations because of Mr. Atkins' departure.
Management believes certain statements in this press release may constitute
"forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995. These statements are made on the basis of
management's current expectations, views and assumptions and are subject to
uncertainty and changes in circumstances. Actual results may differ materially
from these expectations, views and assumptions. The foregoing information
should be read in conjunction with Cap Rock Energy's filings with the
Securities and Exchange Commission, including, but not limited to, reports on
forms 10-K and 10-Q. Cap Rock Energy Corporation does not intend to update or
revise these "forward-looking statements" to reflect current or future events
or circumstances.
DATASOURCE: Cap Rock Energy Corporation
CONTACT: Ronnie Lyon, Vice-President-General Counsel of Cap Rock Energy
Corporation, +1-903-813-0377, or