Freehold Royalties Ltd. press release
Pennine Completes Corporate Restructure with Revamped Website
TSX - Toronto Stock Exchange · Oil · Natural Gas · Natural Gas Liquids · Potash · Canada
(via Thenewswire.ca)
September 8, 2008, CALGARY, Alberta - Pennine Petroleum Corporation (PNN: TSX.V) is pleased to announce a new-look website launch this week that reflects the company's recent restructure and focus on accountability, says president N. Desmond Smith.
"We've spent the last few months getting our house in order and part of that new direction for the company is ensuring shareholders and the public are consistently and fully apprised of our activities and issues," said Mr. Smith.
The website - www.penninepetroleum.com - has been redesigned to keep investors and the public informed on the latest company news. A recent radio interview with Des Smith is available on the site's home page.
"Investors and browsers to the site will see an ongoing emphasis on timely and honest communication," said Smith. "It's no accident, then, that one of our directors on the board has a PhD in communications and a long career in the oilpatch. We said at the outset that we wanted depth and a fresh approach to growing Pennine and the website will be an ongoing reflection of that."
Other key features of the site include a deeper Investor Relations page and multiple downloads of past News Releases and company presentations.
About Pennine Petroleum Corporation
Pennine Petroleum Corporation is an emerging oil and gas exploration and development company active in Alberta, Saskatchewan, and British Columbia. The Company's strategy is based on increasing cash flow by focusing on drilling and well re-completions on selective land areas where it currently operates.
For further information contact
Pennine Petroleum Corporation
N. Desmond Smith
T: 403 277-4421
F: 403 277-4439
E: des.smith@penninecorp.com
Boardmarker Group
Dean Stuart
T: 403 517 2270
E: dean@boardmarker.net
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release. Statements made in this press release comprise forward-looking information based on current company operations that may vary from actual results obtained by the company. While it is the policy of Pennine Petroleum Corporation to constantly review and respond to changes in the operational, competitive and regulatory environments, readers are advised that exploration and production of hydrocarbon resources carries significant risk and that the information contained herein should be used accordingly.
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