08:42:13 EDT Sun 28 Apr 2024
Enter Symbol
or Name
USA
CA



Lonestar West Inc
Symbol LSI
Shares Issued 29,457,549
Close 2016-04-28 C$ 0.54
Market Cap C$ 15,907,076
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ORIGINAL: Lonestar West Inc. Announces Strengthening of Senior Management Team

2016-04-28 17:21 ET - News Release

SYLVAN LAKE, ALBERTA -- (Marketwired) -- 04/28/16

Lonestar West Inc. (TSX VENTURE:LSI) is pleased to announce recent changes to their executive management team. Over the past month the Company has been able to capitalize on the depressed energy markets to add several key management personnel, who will bring significant experience and depth to the existing operations team.

Pat Saunders has been added as the Vice President of United States Operations, and brings with him an impressive history including a 36 year career with Halliburton, culminating as the Senior District Manager, leading and managing an area covering West Texas, Mid-Continent, and New Mexico. Prior to that he held various senior positions in Operations, Well Construction & Completion Technology and Product Development in a variety of domestic locations ranging from the Permian Basin, Rocky Mountains, and Mid-Continent to the Gulf of Mexico. Subsequent to his tenure with Halliburton, Mr. Saunders was the Senior Vice President of Operations and Chief Operating Officer for Allied Oil & Gas Services, the Mid Continent Region Vice President for Rockwater Energy Solutions and the Vice President Equipment Technology for North America, for the Keane Group.

Delanie Hill, CPA, CGA has been promoted to Chief Financial Officer at Lonestar. Mark Kearl, the current Chief Financial Officer, will be leaving the company for a role based in his hometown of Calgary, AB effective April 30, 2016. Ms. Hill has extensive financial experience and an in-depth knowledge of the Company's operations, as she has been with Lonestar since July of 2015, carrying out the role of Financial Controller. Prior to joining Lonestar, Ms. Hill spent 2 years working for an oilfield service company, and 13 years at a national accounting and advisory services firm. Ms. Hill received her Bachelor of Applied Business Administration from the Southern Alberta Institute of Technology in 2005 along her Certified General Accountant designation. "We are pleased to have Delanie join our executive management team, as we focus on building out our business platform," commented James Horvath, President of Lonestar. "We would like to thank Mr. Kearl for his contributions to the team and wish him the best in his future endeavors."

About Lonestar West

Based in Sylvan Lake, Alberta, Lonestar West Inc. operates a fleet of 159 Hydrovac, Vacuum and Auxiliary units throughout Western Canada, Ontario, California, and the Southern United States. It is focused on profitably growing its HVAC services to become a major competitor in the North American market.

For more information please visit the Lonestar West website at www.lonestarwest.com.

Contacts:
Lonestar West Inc.
James Horvath
President & CEO
403-887-2074
info@lonestarwest.com
www.lonestarwest.com

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