CS - People & Companies - June 19, 2019Altura Energy named John
Chambers to its board. He was vice
chairman and president at GMP First
Energy and a member of its executive
committee until his retirement last
November. He was CEO at FirstEnergy
Capital Corp. before the firm was
acquired by GMP Capital Inc. in 2016. He
was granted options to acquire 200,000
common shares of Altura at a strike price
of $0.425 per share. Canadian Spirit Resources elected
Louisa DeCarlo as an independent director.
She is president of Danrich...
Jun 19, 2019
CS - People & Companies - November 07, 2018Advantage Oil & Gas named
Michael Belenkie as its COO. Belenkie
has over 20 years of experience in the
industry in a variety of senior management
roles. He has worked at Talisman Energy,
Painted Pony Energy and Modern
Resources Inc. Arrow Exploration has named
Eric Van Enk as VP, finance & investor
relations, effective Oct. 22. Van Enk has
over 16 years of combined investment
banking, money management and oil & gas
experience and is a CFA charter...
Nov 07, 2018
People & Companies - June 08, 2018McCoy Global announced that its
CFO & SVP, Jacob Coonan, will leave
the company to pursue other opportunities
in August. He will work with management
to ensure a seamless transition as the
company searches for a replacement. He
has been CFO of the company since May
2013 and SVP since January 2017. Steelhead LNG has named Corey
Goulet as VP, Pipeline, effective July
3. Goulet has 33 years of experience
in the energy infrastructure industry.
Previously, he was VP, Energy Projects
at...
Jun 08, 2018
People & Companies - April 12, 2018Cardinal Energy named Ken
Younger its VP, South Area, effective April
1. Younger joined Cardinal in April 2016
and has progressed into leading the
company’s South operations area, which
is centered around the Bantry field. Cenovus Energy Inc. named
Jonathan McKenzie as its next CFO. He
will replace Ivor Ruste who will retire on
April 30. McKenzie was
CFO of Husky Energy
since 2015. Ruste has been CFO and EVP
of Cenovus since 2009. The board of directors of Clearview
Resources...
Apr 12, 2018
People & Companies - February 28, 2018Frontera Energy Corp announced
the resignation of CFO Camilo McAllister
effective March 9. The company retains
a search firm to find a new CFO but
corporate finance director Alejandro
Piñeros will take on the role in the interim. PentaNova Energy Corp named
Ralph Gillcrist as CEO and President,
Alan Aitchison as COO and Rafael
Orunesu as VP, business development
and country manager, Argentina. Gillcrist
is also named to the company’s
board. Previously, he was
CEO of Petroamerica...
Feb 28, 2018
People & Companies - February 26, 2018Arctic Hunter Energy announced
the appointment of Gord Steblin to the
company’s board. He replaces Ray Lee,
who has served on the board since 2012,
but resigned to pursue other activities.
Steblin continues to hold his position
as CFO to the company. Previously, he
served as CFO of Palisades Ventures Inc. Cobra Venture Corp. announced
the appointment of Stuart Ross to the board,
replacing Reid MacDonald. Ross has
held senior officer and director positions
at several public companies...
Feb 26, 2018
Talisman’s US unit sued for royalty payment fraudTalisman Energy USA, an indirect
subsidiary of Calgary’s Talisman Energy
Inc., which was acquired by Repsol in
2015, is being sued by royalty owners in
Texas claiming the company manipulated
production volumes for Eagle Ford
wells. Charges say from
Jan. 1, 2013, to June 1,
2016, Talisman failed to
report, account for and make royalty
payments based on its lease agreements.
The company is also accused of altering
wellhead production volumes by up
to 20% and paying royalties based on
estimated,...
Feb 02, 2018
Repsol to redeem 3.75% senior notes due 2021Repsol Oil & Gas Canada Inc. said
it plans to redeem on Jan. 17 all of the
more than $236 million principal amount
outstanding of its 3.75% senior notes
due 2021. Formerly known as Talisman
Energy, Repsol Canada is
a wholly owned subsidiary
of the Spanish energy giant
Repsol SA. The redemption of the 2021
notes marks the third time in recent
months the company has announced such
plans. In November Repsol said it would
redeem all of its outstanding 7.75% notes
due 2019, of which at least...
Jan 12, 2018
Repsol Oil & Gas to buy back 2019 outstanding notesRepsol Oil & Gas Canada Inc. plans
to redeem all of its outstanding 7.75% notes
due 2019 before the end of November.
Formerly known as Talisman Energy,
Repsol is a wholly owned subsidiary of
the Spanish energy giant Repsol SA. The
company did not state the outstanding
amount or the terms of its current redemption
program but reported that holders of
$978 million of outstanding debt tendered
their notes in connection with the company’s
previous redemption program in...
Nov 20, 2017
Canadian Acquirer - People & Companies - October 11, 2017Brion Energy has changed its name
to PetroChina Canada, a change which
stresses its origin as a wholly owned
subsidiary of PetroChina Company Ltd.
On December 1, the company started
producing from the plant at its MacKay
River Commercial Product. On August
1, the company reached mechanical
completion of the project. The first phase
is expected to produce 35,000 bbl/d with
ultimate production of 150,000 bbl/d. Connacher Oil and Gas named Jeff
Beeston as the company’s CFO, a role he...
Oct 11, 2017
Canadian Scout - People & Companies - January 6, 2017Baytex president Ed LaFehr will succeed James Bowzer as CEO in May 2017. LeFehr joined Baytex in 2016, prior to which he was president of TAQA’s North American oil and gas business before becoming COO of TAQA, globally. He also served as SVP for Talisman Energy, where he was accountable for Canadian assets across Alberta, Saskatchewan and British Columbia.Harvest Operations Corp.’s Piljong Sung resigned from his position as interim president, CEO and executive director after completing...
Jan 06, 2017
Activist shareholder Icahn takes 8% stake in CheniereIn an SEC filing dated Aug 6, funds and companies controlled by Carl Icahn disclosed a combined 8.18% stake in US LNG frontrunner Cheniere Energy Inc., amassing 19.4 million shares via transactions costing slightly more than $1 billion. According to the filing, the action on Cheniere started with first trades by three Icahn entities on June 10. The Icahn camp said it intends to discuss operations, capital expenditures, financing and executive compensation with Cheniere’s management and board,...
Aug 07, 2015
People & Companies Briefs - September 1, 2016Africa Hydrocarbons has appointed Andrew Male and Stephan Fabian to its board. Male is CEO of two TSX Venture Exchange-listed companies, while Fabian is a mining engineer with more than 25 years of experience in the resources sector. David Antony and Binh Vu have both resigned as directors.Manitok Energy has appointed former Raimount Energy CEO Greg Vavra as EVP, business development, in the wake of its acquisition of Raimount. Manitok also appointed Rodger Perry as VP, land. Perry...
Sep 01, 2016
People & Companies Briefs - May 12, 2016Athabasca Oil Corp. appointed Bob Rooney as an independent director. Rooney was general counsel at Talisman Energy Inc. prior to its acquisition by Repsol. He is also a managing director of privately held RimRock Oil and Gas. In conjunction with this appointment, Paul Haggis and Peter Sametz will not seek re-election for board positions at the next annual meeting. Since announcing its board renewal process in 2014, AOC has made changes including the appointment of a new independent chair and...
May 12, 2016
People Briefs - November 11, 2015ARC Resources co-founder Mac Van Wielingen will step down as board chairman Dec. 31 but remain a board member until ARC’s 2016 annual meeting. Hal Kvisle, formerly the CEO of Talisman Energy, will become chair on Jan. 1.Crescent Point Energy said CFO Greg Tisdale will step down from his position at the end of 1Q16, after which company treasurer Ken Lamont will take over the position. Lamont has been with the company since 2005 and has worked alongside Tisdale for that time.Eagle...
Nov 11, 2015