CALGARY, ALBERTA--(Marketwire - April 5, 2012) - ALSTON ENERGY INC. (TSX VENTURE:ALO.V - News) (the "Company") is pleased to announce the appointment of Mr. Don Martin to the position VP Exploration. Mr. Martin is a professional geologist with over 30 years of progressive experience in exploration, development, M&A and strategic planning in the oil & gas industry.
Alston Energy Inc. is a Canadian based energy company engaged in the exploration and production of oil and natural gas reserves in Western Canada's sedimentary basins. Alston has working interests in producing and early-stage oil & gas exploration properties in the provinces of Alberta and Saskatchewan.
Alston Energy Inc.
Don Umbach, President & CEO
Cautionary Note Regarding Forward-Looking Information: This press release contains "forward-looking information", within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the effect of the completion of the Acquisition on the Company; reserve estimates; estimates regarding future production; the receipt of regulatory approvals; expected management rationalization and benefits there from; and the future financial and operating performance of Alston and its projects. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, political and social risks and uncertainties; risks relating to oil and gas exploration and exploitation activities; oil and gas prices; acquisition risks; risks relating to greater resources, time and attention will be spent on the Acquisition than anticipated; and delays in obtaining regulatory approvals. Although Alston has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Alston does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
Neither 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 accuracy of this release.