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OTS Divergent Energy Services Corporation

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Share Name Share Symbol Market Type
Divergent Energy Services Corporation TSXV:OTS 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 -

Canadian Oilfield Solutions Corp. Appoints Chief Executive Officer

28/01/2013 1:00pm

Marketwired Canada


Canadian Oilfield Solutions Corp. (the "Company") (TSX VENTURE:OTS), announces
that Mr. Ken Berg has been appointed as President and Chief Executive Officer of
the Company. Mr. Berg has served as a director and Chief Operations Officer of
the Company since October, 2012. Mr. Berg is a Professional Engineer with over
25 years of oil and gas experience in the exploration, production and services
sectors. Mr. Berg brings senior skills in strategic planning, organizational
development, sales, marketing and engineering. Mr. Berg was previously employed
as Vice President Sales with Sanjel Corporation ("Sanjel"), one of Canada's
largest private oilfield service companies with approximately 4,000 employees
across the globe. During Mr. Berg's 20-year history with Sanjel, he was
instrumental in opening new markets, including three years managing Sanjel's
Denver sales office. Mr. Berg also led initiatives for Sanjel in introducing
fracturing, coiled tubing services and steam-assisted gravity drainage (SAGD)
cementing in Canada.


The Company also announces that its website previously stated that Phil
D'Angelo, the Company's former Chief Executive Officer and President, held a
bachelor's degree when this was not the case. The Company removed this statement
from its website in late November 2012. Mr. D'Angelo has resigned as a director
and officer of the Company and will continue as President and director of the
Company's wholly owned Mexican subsidiary. For the nine months ended September
30, 2012, the Company's business in Mexico generated revenues of $14.4 million
USD which represents approximately 87% of the Company's total sales during such
period. Mr. D'Angelo joined the Company approximately three years ago and has
been instrumental in re-organizing the Company's operations in Mexico and the
United States. The board of directors has full confidence in Mr. D'Angelo's
operational abilities and believes that these management changes will allow Mr.
D'Angelo to focus on the Company's fast growth business in Mexico. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Canadian Oilfield Solutions Corp.
Ken Berg
President and Chief Executive Officer
(403) 543-0060
(403) 543-0069 (FAX)
kberg@cotsoilfield.com
www.cotsoilfield.com

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