Aeris Environmental Ltd T.AEI

Vandale bailing, game over!!!

[riverrow]

Now we know why Vandale was willing to pay $25 for each boe proven and probable reserves!! Game over boys, time to move on!! Arsenal Energy names Stewart as president and CEO 2006-04-10 08:07 ET - News Release Mr. Errol Stewart reports ARSENAL APPOINTS NEW PRESIDENT AND CHIEF EXECUTIVE OFFICER Arsenal Energy Inc. has appointed Errol Stewart as president and chief executive officer, effective April 10, 2006. Mr. Vandale will continue as a director and chairman of the board of directors of Arsenal, and will assist Mr. Stewart in the transition and continued growth of Arsenal. Mr. Stewart is a director of Arsenal and is a 26-year veteran of the oil and natural gas industry. Mr. Stewart has served in senior roles with other private and Toronto Stock Exchange listed companies, is a founding director of Arsenal and has worked closely with Mr. Vandale to achieve Arsenal's growth to date. Mr. Stewart stated: "Mr. Vandale has taken Arsenal from a start-up company to an established oil and natural gas company, with several domestic and international exploration opportunities, and a solid domestic production base. We appreciate Mr. Vandale's efforts and look forward to his involvement in our continued growth. My immediate task is to set Arsenal's operating priorities and continue to build the Arsenal team to execute the operating priorities. We intend to pursue our domestic exploitation opportunities and continue to build on our portfolio of international opportunities."