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January
5, 2006
Robert
J. Clark Elected to Storm Cat Energy Board of Directors
CALGARY
and DENVER : (PR Newswire) : January 5, 2006 : Storm Cat
Energy Corporation (AMEX: SCU; TSX.V: SME) today announced
the election of Robert J. Clark of Denver, Colorado to
its Board of Directors effectively immediately. Mr. Clark
will serve on the Audit and Nomination Committees. Concurrent
with Mr. ClarkĄs election, the Board of Directors accepted
the resignation of Chris Dyakowski.
Scott Zimmerman, Storm Cat President and Chief Executive Officer said: ņBobĄs
experience, not only in oil and gas, but also in building successful
businesses, will provide additional strength to Storm Cat at a time when
we are rapidly expanding our operations as we execute our growth strategies.
His proven leadership, experience and energy industry savvy make him
an ideal addition to Storm CatĄs Board.î
Zimmerman added: ņThe Board of Directors and I want to thank Chris Dyakowski
for his many important contributions to Storm Cat. He served judiciously
on the Board since the CompanyĄs inception and we are grateful for his
commitment over the years.î
A 38-year veteran of the oil and gas industry, Mr. Clark is President
of Bear Cub Energy, LLC, a privately held gas gathering and processing
company, which he founded in 2001. In 1995, Mr. Clark formed a predecessor
company, Bear Paw Energy LLC, which was sold in early 2001 to Northern
Borders Partners. From 1988 to 1995, he was President of SOCO Gas Systems,
Inc. and Vice President : Gas Management for Snyder Oil Company, a NYSE-listed
exploration and production company. SOCO was merged with Santa Fe Energy
forming Santa Fe Snyder in 1995.
Mr. Clark was Vice President Gas Gathering, Processing and Marketing
of Ladd Petroleum Corporation, an affiliate of General Electric from
1985 to 1988. Prior to 1985, Mr. Clark held various management positions
with NICOR, Inc. and its affiliate NICOR Exploration, Northern Illinois
Gas and Reliance Pipeline Company. Mr. Clark received his Bachelor of
Science Degree from Bradley University and his M.B.A. from Northern Illinois
University.
Mr. Clark currently serves as a member of the Board of Managers for Bear
Cub Energy, LLC and Fluid Compressor Partners and serves on the Board
of Directors of IPAMS, the Independent Petroleum Association of Mountain
States. He most recently served on the Board of Directors for Evergreen
Resources, Inc. which was sold in late 2004 and Patina Oil and Gas Corporation
which was sold in early 2005.
Coincident with his appointment, the Company has granted to Mr. Clark
a five-year option under its stock option plan to purchase up to 100,000
Common shares of the Company at an exercise price of CDN $3.24 per share.
About Storm Cat Energy
Storm Cat Energy is an independent oil and gas company focused on the
pursuit, exploration and development of large unconventional gas reserves
from fractured shales, coal beds and tight sand formations. The Company
has producing properties in WyomingĄs Powder River Basin, exploitation
and development acreage in Canada and Alaska, and high-risk, high-reward
exploration acreage in Mongolia. The Company's shares trade on the American
Stock Exchange under the symbol ņSCUî and in Canada on the TSX Venture
Exchange under the symbol ņSME.î
Company Contact:
Scott Zimmerman, President and Chief Executive Officer
Paul Wiesner, Chief Financial Officer
Phone: 87-STORMCAT
www.stormcatenergy.com
By Order of the Board of Directors
Storm Cat Energy Corporation
J. Scott Zimmerman
President and Chief Executive Officer
THE
TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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