SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
January 31, 2005
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CREDO Petroleum Corporation
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(Exact name of registrant as specified in its charter)
Colorado 0-8877 84-0772991
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(State or other jurisdiction Commission IRS Employer
of incorporation) File Number Identification No.
1801 Broadway, Suite 900 Denver, Colorado 80202
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number,
including area code: (303) 297-2200
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Item 5.02 Appointment of Principal Officers.
CREDO Announces the Election of David W. Vreeman as
Vice President and Chief Financial Officer
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned thereunto duly authorized.
CREDO PETROLEUM CORPORATION
(Registrant)
Date: January 31, 2005 By: /s/ James T. Huffman
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James T. Huffman
President
(Principal Executive Officer)
NEWS RELEASE
FOR IMMEDIATE RELEASE Contact: James T. Huffman
President
www.credopetroleum.com
CREDO ANNOUNCES THE ELECTION OF DAVID W. VREEMAN AS
VICE PRESIDENT AND CHIEF FINANCIAL OFFICER
DENVER, COLORADO, January 31, 2005 - CREDO Petroleum Corporation
(NASDAQ: CRED) today announced that David W. Vreeman has been
elected to the position of Vice President and Chief Financial
Officer.
Prior to joining the company, and since September 1998,
Mr. Vreeman was the Vice President - Controller for Birner Dental
Management Services, Inc., a publicly traded dental practice
management company. Mr. Vreeman has over 20 years of financial
accounting and reporting experience in healthcare, manufacturing,
oil and gas, and public accounting. He specializes in financial
reporting, SEC compliance, and financial process and control
improvement. He recently implemented Sarbanes-Oxley Section 404
requirements at Birner Dental Management Services, Inc.
Mr. Vreeman is a certified public accountant in the state of
Colorado and is a member of the American Institute of Certified
Public Accountants and the Colorado Society of Certified Public
Accountants.
James T. Huffman, President, said, "The addition of Mr. Vreeman as
Chief Financial Officer will further buttress our financial
management in preparation for significant new regulations and
responsibilities related to our rapid growth, transition from
small company SEC reporting status to full reporting status, and
compliance with Sarbanes-Oxley regulations. In addition, we must
be prepared for accelerated filing requirements related to the
company's quarterly and annual SEC reports."
* * * * *
CREDO Petroleum Corporation is a publicly traded independent
energy company headquartered in Denver, Colorado. The company is
engaged in the exploration for and the acquisition, development
and marketing of natural gas and crude oil in the Mid-Continent
and Rocky Mountain regions. The company's stock is traded on the
NASDAQ System under the symbol "CRED " and is quoted daily in the
"NASDAQ Small-Cap Issues " section of The Wall Street Journal.
This press release includes certain statements that may be deemed
to be "forward-looking statements" within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. All statements
included in this press release, other than statements of
historical facts, address matters that the company reasonably
expects, believes or anticipates will or may occur in the future.
Such statements are subject to various assumptions, risks and
uncertainties, many of which are beyond the control of the
company. Investors are cautioned that any such statements are not
guarantees of future performance and that actual results or
developments may differ materially from those described in the
forward-looking statements.