WESTERN ENERGY SERVICES CORP. ANNOUNCES APPOINTMENT OF CHIEF FINANCIAL OFFICER

CALGARY, AB, June 17, 2024 /CNW/ - Alex R.N. MacAusland, President and CEO of Western Energy Services Corp. (the "Company" or "Western") (TSX: WRG) announced the appointment of Gavin Lane as Chief Financial Officer effective immediately.  

Over his 19+ year career, Mr. Lane has held executive-level finance roles in both private and publicly traded companies. Mr. Lane's previous roles include Chief Financial Officer at Indigena Drilling Inc. and BTG Energy Corp., and Vice-President Finance at Trinidad Drilling Inc.

In commenting on Mr. Lane's appointment, Mr. MacAusland stated: "We are pleased to welcome Mr. Lane to the Western team. With his financial acumen and industry experience, we expect Gavin to add depth and insight to our financial operations."

About Western

Western is a progressive energy services company which provides contract drilling services through its division, Horizon Drilling in Canada, and its wholly-owned subsidiary, Stoneham Drilling Corporation in the United States. Additionally, Western provides production services in Canada through its wholly-owned subsidiary Western Production Services Corp. and through its division, Eagle Well Servicing which provides well servicing, and its division Aero Rental Services which provides oilfield rental services.

Forward-Looking Statements and Information

This press release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words "expected", "will" and similar expressions are intended to identify forward-looking information or statements. These forward-looking statements and information are based on expectations and assumptions made by Western in light of its experience and its current understanding of the plans for the appointment of the CFO role. Although Western believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information as Western cannot give any assurance that they will prove to be correct. Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks.  The forward-looking statements and information contained in this press release are made as of the date hereof and Western does not undertake any obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

SOURCE Western Energy Services Corp.

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