CALGARY, ALBERTA--(Marketwired - March 24, 2015) - ROOSTER ENERGY LTD. (the "Company") (www.roosterenergyltd.com) (TSX VENTURE:COQ) today announces the untimely death of James D. Shockney, its Chief Financial Officer. Mr. Shockney passed away on March 17, 2015 at his home in Houston, Texas.
Mr. Robert P. Murphy, CEO, comments that "the sudden and unexpected passing of Jim Shockney has saddened us all. Jim was a loyal employee of the Company since 2007 and an integral part of the management team. His contributions in guiding the Company over the years and especially through our reverse merger in 2012 and the recent acquisitions of Cochon Properties and Morrison Well Services were invaluable. He will be greatly missed and on behalf of the Board and the entire Rooster team, I offer our sincere condolences to Jim's family."
The Company has initiated the search for a new chief financial officer. In the meantime, Mr. Shockney's duties will be assumed and performed by the existing accounting staff of the Company under the supervision of the management team.
ABOUT ROOSTER ENERGY LTD.
Rooster Energy Ltd. is a Houston, Texas, based independent oil and natural gas exploration and production company focused on the development of resources in the shallow waters of the Gulf of Mexico and the delivery of well intervention services, including well plugging and abandonment, through its wholly owned subsidiary, Morrison Well Services, LLC. Our primary assets consist of interests in 18 federal leases, 9 state leases and 16 rig-less plug and abandonment units of well intervention equipment. The Company is the operator of the majority of its properties and daily oil and gas production.
Investors are welcome to visit our website at www.roosterenergyltd.com.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE RELEASE.