Westside Energy Adds Vice President and Controller to Management Team
May 16 2005 - 9:45AM
PR Newswire (US)
Westside Energy Adds Vice President and Controller to Management
Team Sean Austin Joins Company Effective Immediately HOUSTON, May
16 /PRNewswire-FirstCall/ -- Westside Energy Corporation (OTC:WEGC)
(BULLETIN BOARD: WEGC) , an oil and gas company with operations
focused on the acquisition, exploration and development of natural
gas and oil in the Barnett Shale play in North Texas, today
announced that Sean Austin has joined the company as Vice President
and Controller, effective immediately. Prior to joining Westside,
Austin spent 23 years with Amerada Hess (NYSE:AHC) holding senior
management positions in the company's New York and Houston offices.
Most recently, from 1999 until 2004, Austin served as Vice
President, Finance and Administration, Exploration and Production
for Amerada Hess in Houston. From 1995 to 1999, he served as Vice
President and Corporate Controller in the New York office. Austin,
52 years of age, brings to Westside in-depth knowledge of mergers
and acquisitions, internal financial controls and processes,
Sarbanes Oxley compliance, cost management and other important
upstream financial skills. Prior to joining HESS, Austin served
from 1974 to 1979 as an officer in the United States Navy. He holds
a Bachelors degree in Business Administration from the University
of Notre Dame and a Master of Business Administration degree from
the Amos Tuck School of Business at Dartmouth College. Jimmy D.
Wright, CEO and President of Westside Energy, said: "Sean's
extensive energy industry experience, M&A expertise, numerous
professional relationships, and financial strengths are a valuable
complement to the Westside team. Further, his addition will allow
Westside to maintain best-in-practice internal controls which are
essential to a public company's success. We are pleased that Sean
has joined Westside and look forward to leveraging his broad skill
set as we grow reserves, production and ultimately shareholder
value." About Westside Energy Corporation Houston-based Westside
Energy is an oil and gas company focused on exploiting its 64,297
gross (62,240 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: Jimmy D. Wright, Chief Executive Officer of
Westside Energy Corporation, +1-713-979-2660 Web site:
http://www.westsideenergy.com/
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