Cap Rock Energy Corporation Announces Appointment of Melissa Davis as Vice President CAO
March 01 2006 - 5:47PM
PR Newswire (US)
MIDLAND, Texas, March 1 /PRNewswire-FirstCall/ -- Cap Rock Energy
Corporation (AMEX:RKE) today announced that Melissa D. Davis has
been appointed Vice President, Controller and Chief Accounting
Officer, effective immediately. Ms. Davis holds a BBA in Accounting
from Texas Tech University and is a certified public accountant.
Prior to joining the Company, she was Vice President-Human
Resources of Texas-New Mexico Power Company from February 1999 to
June 2005, Vice President-Customer Operations from March 1997 to
February 1999, and Controller and Chief Accounting Officer prior to
that. Ms. Davis joined Cap Rock as Controller in December 2005.
Celia B. Page, who had served as interim Chief Accounting Officer,
will move as of today to the newly created position of Vice
President Special Projects. "I am delighted to have Melissa join
our financial team in a leadership role," stated Will West,
President. "Our current regulatory, legal and business environment
presents special challenges for our financial team and I am
confident that her background and experience will prove invaluable
in the months and years ahead. In addition, Ms. Page's financial
background and experience with the Company provide us with a unique
skill set particularly suited to focusing on special challenges as
they arise." Cap Rock Energy supplies electricity to over 35,000
meters in counties throughout Texas. Its corporate office is
located in Midland, Texas with service divisions in Stanton,
Colorado City, Brady and Celeste. It also manages a municipal
electric system in the City of Farmersville. Management believes
certain statements in this press release may constitute
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. These statements are made
on the basis of management's current expectations, views and
assumptions and are subject to uncertainty and changes in
circumstances. Actual results may differ materially from these
expectations, views and assumptions. The foregoing information
should be read in conjunction with Cap Rock Energy's filings with
the Securities and Exchange Commission, including, but not limited
to, reports on forms 10-K and 10-Q. Cap Rock Energy Corporation
does not intend to update or revise these "forward-looking
statements" to reflect current or future events or circumstances.
On November 4, 2005, Cap Rock Energy entered into an agreement and
plan of share exchange with Cap Rock Holding Corporation. Subject
to the terms and conditions set forth in the agreement, Cap Rock
Holding Corporation will acquire all the outstanding shares of Cap
Rock Energy common stock for $21.75 per share. For more
information, please see Cap Rock Energy's public filings with the
Securities and Exchange Commission, which are publicly available at
http://www.sec.gov/ . DATASOURCE: Cap Rock Energy Corporation
CONTACT: Ronnie Lyon, VP-General Counsel of Cap Rock Energy
Corporation, +1-903-813-0377, or
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