CALGARY, Dec. 2, 2011 /PRNewswire/ - Wescorp Energy Inc. (Wescorp) (OTCBB: WSCE), a clean water technology company focused on implementing cost-effective solutions in several markets, including the oil and gas and marine industries, announced today that following the resignation of Doug Biles as Wescorp Chief Executive Officer (CEO), the company has commenced a search for candidates for the vacant CEO position. Criteria for executive team leadership include demonstrated ability to lead technology development companies to commercial success.
Wescorp is appreciative of Mr. Biles' contributions over the past eight years. Mr. Biles remains bound to his fiduciary duties arising as a result of his executive role, and is restricted by a confidentiality and non-compete covenant. Any technical contributions made by Mr. Biles during his tenure with Wescorp remain Wescorp's property.
About Wescorp Energy Inc.
Wescorp (www.wescorpenergy.com) is a clean water technology company focused on implementing its
superior, low-cost, water purification solutions for the oil and gas
production industry and for marine remediation projects. Wescorp's
innovative clean technology is designed to meet increasing government
regulations needs of our industry and society in general.
Safe Harbour Statement
Any statements contained herein that are not historical facts may be
forward-looking statements. Forward-looking statements include
statements regarding the intent, belief or current expectations of the
Company, are based on certain assumptions, and involve known and
unknown risks and uncertainties. Many factors could cause actual
results to differ materially from those expressed or implied by the
forward-looking statements. Information on the potential factors that
could affect the Company's actual results of operations as well as
other risks to the Company or its business may be further discussed in
periodic reports and registration statements to be filed by the Company
from time to time with the US Securities and Exchange Commission.
SOURCE WESCORP ENERGY INC.