CALGARY, April 16, 2012 /CNW/ - CE Franklin Ltd. (NASDAQ: - CFK) (TSX: - CFT) announced today that Ms. Donna Garbutt, President of Schlumberger
Canada Limited ("Schlumberger"), an affiliate of CE Franklin's majority
shareholder, was appointed today as the new Schlumberger representative
to the Board of Directors of CE Franklin. Ms. Garbutt replaces John
Kennedy who has stepped down from the Board due to the recently
announced sale by Schlumberger Limited of its Wilson distribution
business in the United States. Mr. Kennedy is the President of Wilson.
Ms. Garbutt has over 25 years experience in the oil and gas industry.
Her career has included a wide range of positions, covering many
different geographic markets worldwide. She has a Master of Business
Administration from Athabasca University in Canada and has been
recognized as a finalist for several awards, including the Woman of
Achievement Award in Alaska in 2001, the 2003 US Energy Woman of the
Year in Washington, DC, and in 2006 the Blackberry Women in Technology
award in the UK.
"We thank John Kennedy for his 13 years of valuable service and guidance
he provided while on the CE Franklin Board of Directors and welcome
Donna Garbutt," said President & CEO Michael S. West.
About CE Franklin
For more than 75 years, CE Franklin has been a leading supplier of
products and services to the energy industry. CE Franklin distributes
pipe, valves, flanges, fittings, production equipment, tubular products
and other general oilfield supplies to oil and gas producers in Canada
as well as to the oil sands, refining, heavy oil, petrochemical,
forestry and mining industries. These products are distributed through
its 39 branches, which are situated in towns and cities serving
particular oil and gas fields of the western Canadian sedimentary
basin.
Forward-looking Statements: The information in this news release may contain "forward-looking
statements" within the meaning of Section 27A of the Securities Act of
1933 and Section 21E of the Securities Exchange Act of 1934 and other
applicable securities legislation. All statements, other than
statements of historical facts, that address activities, events,
outcomes and other matters that CE Franklin plans, expects, intends,
assumes, believes, budgets, predicts, forecasts, projects, estimates or
anticipates (and other similar expressions) will, should or may occur
in the future are forward-looking statements. These forward-looking
statements are based on management's current belief, based on currently
available information, as to the outcome and timing of future events.
When considering forward-looking statements, you should keep in mind
the risk factors and other cautionary statements and refer to the Form
20-F or our annual information form for further detail.
<p> Investor Relations<br/> 800-345-2858<br/> 403-531-5604<br/> <a href="mailto:investor@cefranklin.com">investor@cefranklin.com</a> </p>