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AVE Aveda Transport And Energy Svcs (delisted)

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Delayed by 15 minutes
Share Name Share Symbol Market Type
Aveda Transport And Energy Svcs (delisted) TSXV:AVE TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
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Aveda Transportation and Energy Services Announces A New President and CEO

01/11/2012 11:00am

Marketwired Canada


Aveda Transportation and Energy Services ("Aveda" or the "Company") (TSX
VENTURE:AVE), a leading provider of oilfield hauling services and equipment
rentals to the energy industry, today announced the appointment of Kevin
Roycraft as Aveda's President and Chief Executive Officer effective November 26,
2012.


Kevin brings 20 years of transportation industry expertise to Aveda. Most
recently serving as Vice-President of Operations for Liquid Transport Corp
("LTC") out of Indianapolis, IN. In his role at LTC, Kevin was responsible for
all aspects of profit and performance for one of North America's largest bulk
chemical and oil transportation companies. Before being promoted to
Vice-President of Operations, Kevin served LTC as Director of Business
Development, handling acquisitions and franchise expansion.


A graduate of Purdue University, with a degree in Organizational Leadership,
Kevin began his transportation career working in LTL Operations and Sales for
Roadway Express. Later joining Watkins Motorlines and opening start-up
operations in Green Bay, WI, before moving on to manage their terminal in St.
Louis, MO.


"We welcome Kevin's leadership and experience to the Aveda team," said David
Werklund, Chairman, Interim President and CEO of Aveda "Kevin will be
responsible for continuing to deliver our vision of creating a best-in-class,
people focused and highly profitable transportation and energy services
company."


David Werklund, the Company's Chairman, Interim President and CEO will continue
to support Aveda's growth by assuming the role of Executive Chairman. The board
of directors thanks Mr. Werklund for his significant contributions over the last
year and looks forward to his continued leadership and support in his new role.


About Aveda Transportation and Energy Services

Aveda provides specialized transportation of products, materials, supplies and
equipment required for the exploration, development and production of petroleum
resources in the Western Canadian Sedimentary Basin and in the United States of
America principally in and around the states of Texas and Pennsylvania.
Transportation services include both the equipment necessary to move the load as
well as a trained, professional driver capable of securing, moving and
manipulating the load at its origin and destination. Aveda's rental operations
include the rental of tanks, mats, pickers, light towers and other equipment
necessary for oilfield operations.


Aveda was incorporated in 1994 as a private company to serve the oil and gas
industry. In the spring of 2006 the Company went public on the TSX Venture
Exchange. Aveda has major operations in Calgary, AB, Slave Lake, AB, Nisku, AB,
Mineral Wells, TX, Pleasanton, TX, Odessa, TX and New Columbia, PA. Aveda is
publicly traded on the TSX Venture Exchange under the symbol AVE. For more
information on Aveda please visit www.avedaenergy.com.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Aveda Transportation and Energy Services
Bharat Mahajan, CA
Vice-President, Finance and Chief Financial Officer
(403) 264-5769
bharat.mahajan@avedaenergy.com
www.avedaenergy.com

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