WRNW--.0055
Were some great buy ops last couple days--
Watch it!! New CEO should shake things UP!!
David Rees Joins Well Renewal as New CEO
TULSA, Okla., Mar 14, 2007 (PrimeNewswire via COMTEX) -- Well Renewal, Inc.
(Pink Sheets:WRNW), a rapidly growing diversified oil and gas regional operator
specializing in oil and gas exploration, enhanced recovery methods of abandoned
and low-production oil properties, and oil field services, today announced
changes in corporate governess. Mr. E. Will Gray II has resigned from all
corporate positions at Well Renewal and its subsidiaries. Mr. David Rees, Esq.
has been appointed the new President and CEO and will chair the company's Board
of Directors.
Mr. Rees is a Partner in the Salt Lake City firm of Vincent & Rees. Mr. Rees has
specialized in mergers and acquisitions as well as structured financing. He
continues to assist companies in going public and raising capital both
domestically and internationally.
Mr. Rees has served as general counsel to numerous public and private companies,
and was Vice President for a large investment banking firm. He has extensive
background in the oil and gas, public utility and petrochemical arenas. Mr. Rees
has advised several companies including, Lyondell, Potomac Energy, Entergy and
many independent oil and gas companies.
Mr. Rees received his B.A. from Weber State University and his J.D. from New
York University.
About Well Renewal, Inc.
Well Renewal, Inc., headquartered in Tulsa, Oklahoma, is principally engaged in
oil and gas exploration as well as enhancement and recovery of abandoned and low
production oil properties, and oil field services.
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