TORONTO, ONTARIO--(Marketwire - Sept. 6, 2012) - Acadian Energy Inc. (TSX VENTURE:ACX) -- (the "Corporation") today announced the appointment of Mark Lawrence as Interim CEO, effective September 10, while Chairman John McDevitt is on a Leave of Absence for medical reasons. Mr. McDevitt will remain a director of the Company, as will Mark Lawrence.
Mr. Lawrence commented, "the Company is continuing to refocus its efforts to identify and pursue New Albany Shale Oil opportunities and will continue to welcome John's contribution and assistance as a director in this regard while he is on leave."
Acadian is a junior exploration and production company which is focused on the exploration and development of New Albany shale oil and natural gas in the Illinois Basin. The Corporation continues exploration development of the oil potential of the New Albany Shale. Acadian trades on the TSX Venture Exchange under the symbol ACX.
This communication to shareholders and the public contains certain forward-looking statements. Actual results may differ materially from those indicated by such statements. All statements, other than statements of historical fact, included herein, including, without limitations statements regarding future production, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
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 release.