(via Thenewswire.ca)
CALGARY, AB / TheNewswire / March 4, 2015 / Intercept Energy Services Inc. (the "Company" or "Intercept") - TSX Venture: IES announces the resignation of Mr. Keith Morlock from his position as the Company's President and Chief Operating Officer. Mr. Morlock will continue to serve as a consultant to the Company as Intercept continues to pursue its business objectives. Mr. Morlock has been instrumental in the successful expansion of its oilfield service business to include North Dakota as well as continue its existing operations within Canada.
About Intercept Energy Services Inc. ("IES")
Intercept Energy Services Inc. is a North American Oil Field Service Firm ("OFS") that specializes in employing, developing and marketing efficient, innovative and proprietary technologies. Technologies such as its HE Heat (TM), provide the highest efficiency frac water heating services; that are used in oil and gas exploration and by production companies for the fracturing process throughout North America. HE Heat(TM) reduces fuel consumption and emissions, enhances safety and productivity, enables extreme cold weather operations; and results in significantly lower costs resulting in both a cost savings and competitive advantage for its customers. For more information, visit http://InterceptES.com
Contacts:
Mr. Randy Hayward Mr. Swapan Kakumanu
CEO Chief Financial Officer
1.250.247.8689 1.877.975.0558
skakumanu@Interceptes.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or the accuracy of this release.
Forward-looking statements
Certain information regarding IES in this news release, including management's assessment of its future development plans and access to various external sources of capital, may constitute forward looking statements under applicable securities laws and necessarily involve risks including, without limitation, risks associated with heating technology and oilfield services operations, general risks associated with oil and gas exploration, development, production, marketing and disposal of waste, loss of markets, environmental risks, competition from other service providers, delays resulting from inability to access sufficient capital from internal and external sources. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. Readers are cautioned that the foregoing list of factors is not exhaustive. Additional information on these and other factors that could affect IES's operations and financial results are included in reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR website ( www.sedar.com ). The forward-looking statements or information contained in this news release are made as of the date hereof and IES does not undertake any obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
Copyright (c) 2015 TheNewswire - All rights reserved.