IS - People & Companies - June 06, 2019BP has named Joe Murphy as its
new country manager for Turkey. Murphy’s
role will include overseeing government
relations and external affairs on behalf of
all BP businesses in the country. Murphy
has worked in Azerbaijan, Egypt, Vietnam,
the US, Qatar and the UK. In addition, the
company named Ann Davies as country
manager for Georgia, starting in July.Eni has named Alessandro Puliti as
its new chief upstream officer, effective
Sept. 1. He will replace Antonio Vella,
who will leave the...
Jun 06, 2019
People & Companies - April 25, 2017Oronova Energy named Travis Doupe as its VP, Finance and CFO. Previously, he was CFO at various public and private oil and gas companies throughout Canada and Latin America. He began his accounting career at PwC in 1997 and is a chartered accountant. Vaalco Energy announced it has appointed Phil Patman Jr as CFO effective April 17, 2017. Prior to joining Vaalco, Patman served as SVP of Business Development, The Americas, for PTTEP. Savana Energy Services announced a new board...
Apr 21, 2017
People & Companies - April 11, 2017Activist investor Seymour Schulich now holds 40 million shares of Birchcliff Energy after acquiring an additional 2.5 million shares on March 27, 500,000 shares on April 3, and 2.0 million shares on April 6, increasing his stake in the company to 15%. He told Birchcliff that he acquired the shares for investment purposes. The moves come after Schulich bought another 26 million shares of Pengrowth Energy in late February, increasing his ownership to 80 million shares. The former mining executive...
Apr 11, 2017
Serinus raises C$25.5MM for work in Romania, TunisiaSerinus Energy Inc. closed a sale of 72 million common shares at C$0.35 each to gross $25.2 million. The sale included a block of over 39.9 million shares to major shareholder Kulczyk Investments, bringing its total stake in Serinus to 52.18%. Proceeds will fund development of the Moftinu Gas Plant and pre-work for the 2018 drilling program in the Satu Mare Concession in Romania, and production enhancement in the Sabria block in Tunisia, and for general corporate purposes. GMP First Energy...
Mar 16, 2017
Kulczyk said it will buy the equity to be offered to maintain its ownership position of Serinus - January 20, 2017Serinus Energy Inc. plans to sell up to C$25.2 million ($19.14 million) worth of common shares in an offering led by GMP First Energy. 50.76% owner Kulczyk Investments, with almost 40 million shares, said it would buy slightly more than $12.79 million of the equity to be offered in order to maintain its ownership position. Net proceeds will be used to fund development of the Moftinu Gas Plant and pre-work for the 2018 drilling program in the Satu Mare Concession in Romania and production...
Jan 20, 2017
Kulczyk Oil Ventures To Acquire Winstar for $112 millionWarsaw-listed Kulczyk Oil Ventures is acquiring Calgary-based Winstar Resources Ltd. in a deal that values Winstar at $112 million. Winstar shareholders will be entitled to receive 7.6 shares of Kulczyk or $2.5 in cash for each Winstar share held subject to a maximum of $35 million in cash. The combined company will have 2P reserves of 20.6 MMboe, 4,760 boepd of production in Tunisia and Ukraine and an exploration portfolio in Brunei and Romania. Based on the closing price of Kulczyk shares...
Apr 25, 2013
People & Companies Briefs - March 31, 2016Alvopetro Energy said COO E. John Koch is no longer with the company. No information was provided about a potential replacement.Athabasca Oil Corp. has appointed Bryan Begley to its board as an independent director. Begley is a managing director of 1901 Partners, a private equity firm formed in 2014 to invest in the energy sector. In conjunction with Begley’s appointment, current chair Tom Buchanan and Gary Dundas have retired from the board. Lead director Ron Eckhardt has been...
Mar 31, 2016
People Briefs - December 18, 2013• Alexander Energy appointed a new management team: Richard McHardy as president & CEO, Michelle Wiggins as finance VP and CFO, Ed Wong as engineering VP, Albert Stark as operations VP, Fotis Kalantzis as exploration VP and Thomas Boreen as geology VP.• Canadian Oil Sands announced the retirement of president, director and CEO Marcel Coutu, effective January 1. CFO Ryan Kubik has been appointed to replace him. Finance VP Rob Dawson has been appointed as CFO.• Chinook Energy...
Dec 18, 2013