DALLAS, Nov. 22 /PRNewswire-FirstCall/ -- Westside Energy Corporation (AMEX:WHT), an oil and gas company with operations focused on the acquisition, exploration and development of natural gas in the Barnett Shale play in North Texas, today announced the resignation of Craig S. Glick from his position as Executive Vice President and General Counsel of the Company. The Company indicated that Mr. Glick is leaving to pursue another employment opportunity. Mr. Glick will remain a member of the Company's Board of Directors. In connection with Mr. Glick's resignation, the Company and Mr. Glick mutually agreed to terminate Mr. Glick's employment agreement, which relieves the Company from the possible obligation to issue to Mr. Glick up to 775,000 shares of the Company's common stock.
Management Comment Douglas G. Manner, the Company's Chief Executive Officer, said: "We appreciate Craig's efforts during his time as a member of the management team and look forward to his continued contributions as a Director of the Company. We wish him great success in his new position." About Westside Energy Corporation Houston-based Westside Energy is an oil and gas company focused on developing its 81,431 gross (66,580 net) acres in the prolific Barnett Shale trend in North Texas. For more information about Westside Energy, please visit the Company's website - http://www.westsideenergy.com/.
Forward-Looking Statements Certain statements in this news release regarding future expectations, plans for acquisitions and dispositions, oil and gas reserves, exploration, development, production and pricing may be regarded as "forward-looking statements" within the meaning of the Securities Litigation Reform Act. They are subject to various risks, such as operating hazards, drilling risks, the inherent uncertainties in interpreting engineering data relating to underground accumulations of oil and gas, as well as other risks discussed in detail in the Company's periodic reports and other documents filed with the SEC. Actual results may vary materially. DATASOURCE: Westside Energy Corporation CONTACT: Sean J. Austin, Vice President and Chief Financial Officer of Westside Energy Corporation, +1-214-522-8990, ext. 1117 Web site: http://www.westsideenergy.com/
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