CALGARY, ALBERTA--(Marketwire - Sept. 28, 2012) - Xtreme Drilling and Coil Services Corp. ("Xtreme" or the "Company") (TSX:XDC) announce the resignation of Kyle Swingle from the Xtreme Board of Directors. Mr. Swingle is leaving to pursue other opportunities in the industry. The Board of Directors is thankful for Mr. Swingle's service to the Company and will determine in the near future whether Mr. Swingle's board seat will be replaced.
Xtreme Drilling and Coil Services Corp. ("XDC" on the Toronto Stock Exchange) designs, builds, and operates a fleet of high specification drilling rigs and coiled tubing well service units featuring leading-edge proprietary technology including AC high capacity coil injectors, deep re-entry drilling capability, modular transportation systems and continuous integration of in-house advances in methodologies.
Currently Xtreme operates two service lines: Drilling Services (XDR) and Coil Services (XSR) under contracts with oil and natural gas exploration and production companies and integrated oilfield service providers in Canada, the United States and Saudi Arabia. For more information about the Company, please visit www.xtremecoil.com.
The Toronto Stock Exchange has neither approved nor disapproved the contents of this press release.