Mr. William Ambrose reports
FIRST MOUNTAIN EXPLORATION LTD. ANNOUNCES FILING OF 2013 FINANCIALS AND RESERVE DATA, PROVIDES OPERATIONAL UPDATE AND ANNOUNCES THE APPOINTMENT OF A NEW CFO
First Mountain Exploration Ltd. has filed on SEDAR its audited annual financial
statements, and management discussion and analysis (MD&A), for the year ended Dec. 31, 2013. First Mountain has also filed
its reports under Section 2.1 of National Instrument 51-101, standards of disclosure for oil and gas activities. Copies of the financial statements, MD&A and the NI 51-101 filings of
the company are available for viewing on SEDAR.
Production is temporarily shut in at its Atlee
Buffalo property due to mechanical problems. The Atlee Buffalo
horizontal well at 14-20-21-05W4M experienced a steady decline in
production prior to ceasing production as a result of what the company
expects is a tubing leak. The company is reviewing options to confirm
and repair the problems in order to bring the wells back on production.
Further, Janet Scase has resigned as
vice-president, finance, and chief financial officer, effective April 17, 2014. The company
wishes to thank Ms. Scase for her contributions, assistance and guidance
over the past three years, and wishes her well in her future endeavours.
The company has appointed Rick Hammermeister as vice-president, finance, and CFO, effective April 17, 2014, subject to the approval of
the TSX Venture Exchange.
We seek Safe Harbor.
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