PLATTEVILLE, CO--(Marketwired - June 24, 2014) - Synergy Resources Corporation (NYSE MKT: SYRG) is pleased to announce that Jack N. Aydin has agreed to join the Board of Directors effective July 2nd, 2014. Mr. Aydin has 46 years of experience as an analyst covering the oil and gas sector and has focused on emerging growth companies with assets in North American shale plays for the past eleven years. Mr. Aydin has been recognized numerous times by leading financial publications for his expertise in stock selection and accuracy in earnings estimations.
Ed Holloway and Bill Scaff, co-CEO's of Synergy, commented, "Jack Aydin was the first analyst we met on Wall Street after becoming a public company and he has stayed abreast of Synergy as we have developed the company over the past six years. His depth of experience in the financial markets and knowledge of our industry will prove invaluable as we plot our course for continued growth of the company. He is a great addition to our board."
About Synergy Resources Corporation
Synergy Resources Corporation is a domestic oil and natural gas exploration and production company. Synergy's core area of operations is in the Denver-Julesburg Basin, which encompasses Colorado, Wyoming, Kansas, and Nebraska. The Wattenberg field in the D-J Basin ranks as one of the most productive fields in the U.S. The company's corporate offices are located in Platteville, Colorado. More company news and information about Synergy Resources is available at www.syrginfo.com.
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This press release may contain forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. The use of words such as "believes," "expects," "anticipates," "intends," "plans," "estimates," "should," "likely" or similar expressions, indicates a forward-looking statement. These statements are subject to risks and uncertainties and are based on the beliefs and assumptions of management, and information currently available to management. The actual results could differ materially from a conclusion, forecast or projection in the forward-looking information. Certain material factors or assumptions were applied in drawing a conclusion or making a forecast or projection as reflected in the forward-looking information. The identification in this press release of factors that may affect the company's future performance and the accuracy of forward-looking statements is meant to be illustrative and by no means exhaustive. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. Factors that could cause the company's actual results to differ materially from those expressed or implied by forward-looking statements include, but are not limited to: the success of the company's exploration and development efforts; the price of oil and gas; worldwide economic situation; change in interest rates or inflation; willingness and ability of third parties to honor their contractual commitments; the company's ability to raise additional capital, as it may be affected by current conditions in the stock market and competition in the oil and gas industry for risk capital; the company's capital costs, which may be affected by delays or cost overruns; costs of production; environmental and other regulations, as the same presently exist or may later be amended; the company's ability to identify, finance and integrate any future acquisitions; and the volatility of the company's stock price.
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