Intercept Energy Services Inc. Appointments New Chief Financial Officer
18 Juin 2014 - 8:22PM
Access Wire
VANCOUVER, BC / ACCESSWIRE / June 18, 2014
/ INTERCEPT ENERGY
SERVICES INC. ("Intercept" or the "Company") - TSX Venture:
IES -OTC:BB - IESCF
has appointed Mr. Swapan Kakumanu as its new Chief Financial
Officer ("CFO"). Mr. Swapan Kakumanu will be replacing Mr. Marvin
Jones, who was appointed interim CFO on June 9, 2014, after the
resignation of Mr. William (Bill) Taylor Cromb. (see press release
of June 10, 2014).
Mr. Swapan Kakumanu has over
15 years of senior finance and operations experience. He has served
at senior executive management levels both in public and private
companies including senior roles as President, Chief Executive
Officer, Chief Financial Officer, Company Secretary as well as
serving on the Board. Swapan has extensive experience in public
company reporting, investor relations, ERP implementations, mergers
and acquisitions, internal controls and general overall financial
and operational management. He is a professional accountant and
holds CPA.CGA, ACA (Chartered Accountant, India) and ACMA
(Certified Management Accountant, India) designations.
Randy Hayward, President,
welcomes the new CFO saying that "Swapan is a focused, results
driven individual who will provide the expertise required as
Intercept moves forward with its planned expansion and growth
into North Dakota."
Intercept further announces
the granting of 1,200,000 stock options at a price of $0.05 per
common share to an officer of the Company. As per the Company's
Stock Option Plan, the options granted will be exercisable until
June 18, 2019 and will be subject to vesting provisions. Grant of
the options is subject to the approval of the TSX Venture
Exchange.
INTERCEPT ENERGY SERVICES
INC. (http://interceptenergy.ca)
Intercept
Energy Services Inc. is an oilfield service company primarily
focused on servicing oil and gas companies, including their
fracking operations. The Company operates a growing number of
proprietary, highly efficient and economical water heating units in
Western Canada and North Dakota making our technology the safest
and most environmentally friendly heating units
available.
For More
information please contact
RANDY HAYWARD, PRESIDENT
or BUCHALTER
CONSULTING Phone: 250-247-8689 or 604-687-8855 Toll
free 1 866 631 6537 rhayward@interceptenergy.ca
stan.buchalter@buchalterconsulting.ca
Neither The TSX Venture
Exchange Nor Its Regulation Services Provider (As That Term Is
Defined In The Policies Of The TSX Venture Exchange) Accepts
Responsibility For The Adequacy Or Accuracy Of This News
Release.
SOURCE: Intercept Energy Services
Inc.
Intercept Energy Services Inc. (TSXV:IES)
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