EXHIBIT
99.1
For
Information
Brent A.
Collins
303-861-8140
ST.
MARY ANNOUNCES HIRING OF CHIEF FINANCIAL OFFICER
DENVER – August 4, 2008 – St. Mary Land
& Exploration Company (NYSE: SM) today announces that it has hired Wade
Pursell as Executive Vice President and Chief Financial Officer.
Tony
Best, President and CEO, commented, “I am pleased to have an executive of Wade’s
ability joining St. Mary. His leadership abilities, transactional
experience, and deep financial and accounting knowledge make him a great fit for
our organization. He is a proven talent who will contribute to the
continued success and growth of the Company.”
Mr.
Pursell has over 20 years of experience in financial and accounting
positions. He most recently was employed at Helix Energy Solutions in
Houston, Texas, where he served as Chief Financial Officer from 2000 through
July 4, 2008 and as Vice President – Finance and Treasurer from 1997 through
2000. Prior to that, Mr. Pursell spent nine years in positions of
increasing responsibility in the Audit Practice of Arthur Andersen specializing
in energy related clients. He received his undergraduate degree from
the University of Central Arkansas. He and his family will be
relocating from Houston to Denver and he is expected to join the Company on
September 8, 2008.
PR
08-14
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