GILLETTE, Wyo., June 30, 2011 /PRNewswire/ -- High Plains Gas, Inc. (OTC: HPGS) ("the Company") announced the results of its annual meeting of shareholders, held on June 29, 2011 in Denver, CO.
Shareholders representing more than 85% of the issued and outstanding common stock re-elected the existing directors of the Company and endorsed the appointment of Eide Bailly CPAs as the Company's independent registered public accounting firm, by a 99.99% margin. The stockholders also voted to continue the terms of Board of Directors members Al Smith, Cordell Fonnsbeck, Gary Davis, and Joe Hettinger, and to continue Mark Hettinger's term as Chairman of the Board of Directors of High Plains Gas, Inc.
Brent Cook, Chief Executive Officer of High Plains Gas commented, "We are very pleased with the outstanding response from our stockholders. We ultimately work for our shareholders and this response from our shareholders demonstrates that the goals of management are properly aligned with the goals of our shareholders, which is to maximize the value of our Company."
About the Company
High Plains Gas, Inc. is a Gillette, Wyoming based energy company actively engaged in the acquisition, development and production of natural gas primarily in the Powder River Basin. The Company recently acquired the former Marathon "North & South Fairway" assets. These assets consist of 1614 Coal Bed Methane Wells with associated flow lines and over 155,000 net acres. This combined with the company's existing 92 natural gas wells gives the company a strong foundation in the natural gas industry. High Plains Gas will pursue expansion opportunities for the profitable production and transmission of natural gas. High Plains Gas believes it has unique expertise and experience in the refurbishment and reactivation of wells that produce natural gas from coal bed methane formations that helps position it strategically in the Powder River Basin.
Statements made about our future expectations are forward-looking statements and subject to risks and uncertainties as described in our most recent filings made with the US Securities and Exchange commission, and are subject to change at any time. Our actual results could differ materially from these forward-looking statements. We undertake no obligation to update publicly any forward-looking statement.
IR Agency Contact:
Lippert/Heilshorn & Associates, Inc.
SOURCE High Plains Gas, Inc.