CALGARY, April 16, 2012 /PRNewswire/ - CE Franklin Ltd.
(NASDAQ: - CFK) (TSX: - CFT) announced today that Ms.
Donna Garbutt, President of
Schlumberger Canada Limited ("Schlumberger"), an affiliate of CE
Franklin's majority shareholder, was appointed today as the new
Schlumberger representative to the Board of Directors of CE
Franklin. Ms. Garbutt replaces John
Kennedy who has stepped down from the Board due to the
recently announced sale by Schlumberger Limited of its Wilson
distribution business in the United
States. Mr. Kennedy is the President of Wilson.
Ms. Garbutt has over 25 years experience in the
oil and gas industry. Her career has included a wide range of
positions, covering many different geographic markets
worldwide. She has a Master of Business Administration from
Athabasca University in
Canada and has been recognized as
a finalist for several awards, including the Woman of Achievement
Award in Alaska in 2001, the 2003
US Energy Woman of the Year in Washington, DC, and in 2006 the Blackberry
Women in Technology award in the UK.
"We thank John
Kennedy for his 13 years of valuable service and guidance he
provided while on the CE Franklin Board of Directors and welcome
Donna Garbutt," said President &
CEO Michael S. West.
About CE Franklin
For more than 75 years, CE Franklin has been a
leading supplier of products and services to the energy industry.
CE Franklin distributes pipe, valves, flanges, fittings, production
equipment, tubular products and other general oilfield supplies to
oil and gas producers in Canada as
well as to the oil sands, refining, heavy oil, petrochemical,
forestry and mining industries. These products are distributed
through its 39 branches, which are situated in towns and cities
serving particular oil and gas fields of the western Canadian
sedimentary basin.
Forward-looking Statements: The
information in this news release may contain "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934 and
other applicable securities legislation. All statements, other than
statements of historical facts, that address activities, events,
outcomes and other matters that CE Franklin plans, expects,
intends, assumes, believes, budgets, predicts, forecasts, projects,
estimates or anticipates (and other similar expressions) will,
should or may occur in the future are forward-looking statements.
These forward-looking statements are based on management's current
belief, based on currently available information, as to the outcome
and timing of future events. When considering forward-looking
statements, you should keep in mind the risk factors and other
cautionary statements and refer to the Form 20-F or our annual
information form for further detail.
SOURCE CE Franklin Ltd.