Effective
| – | Chief Executive Officer and Chairman of the Board of Directors |
| – | President and Chief Operating Officer |
| – | Executive Vice-President and Chief Financial Officer |
| – | Executive Vice-President, Exploration |
| – | Executive Vice-President, Operations |
| – | Vice-President, Engineering |
| – | Vice-President, Legal, General Counsel and Corporate Secretary |
| – | Vice-President, Business Development and Marketing |
Mr.
Birchcliff is also pleased to announce the following executive appointments effective
- Mr.
Theo van der Werken has been appointed as Vice-President, Engineering, succeedingMr. Carlsen . He is a Professional Engineer and is currently the Asset Manager for the Corporation’sPouce Coupe assets where he has been responsible for the development of the Corporation’sMontney unconventional resource play. Mr.van der Werken has over 19 years of industry experience focused on asset management and operations engineering, working onshore and offshore inEurope , theMiddle East andNorth America . Prior to joining Birchcliff inApril 2011 , he worked for several oil and gas exploration and production companies and an international service company. Mr.van der Werken holds a Master of Science degree in Mining Engineering from theDelft University of Technology,The Netherlands and a Master of Business Administration from theHaskayne School of Business at theUniversity of Calgary in the Global Energy Executive MBA program. Mr.van der Werken is a member of APEGA. - Ms.
Robyn Bourgeois has been appointed as Vice-President, Legal, General Counsel and Corporate Secretary.Ms. Bourgeois first joined Birchcliff inDecember 2014 as General Counsel and was appointed Corporate Secretary inJune 2017 . Prior to joining Birchcliff, she was a partner withBorden Ladner Gervais LLP where she practiced in the securities and capital markets group.Ms. Bourgeois holds a Bachelor of Science degree with distinction in Psychology from theUniversity of Calgary and a Bachelor of Laws degree with distinction from theUniversity of Alberta . She is a member of theLaw Society of Alberta . - Mr.
Hue Tran has been appointed as Vice-President, Business Development and Marketing. He is currently Business Development Manager where he is responsible for managing the Corporation’s marketing, joint venture and business development activities.Mr. Tran has over 16 years of experience in the oil and natural gas industry in the areas of marketing, joint ventures and business development. Prior to joining Birchcliff inFebruary 2010 , he worked for a publicly traded energy infrastructure and logistics company based inCalgary, Alberta that owned and managed a natural gas liquids business.Mr. Tran holds a Bachelor of Arts degree in Economics from theUniversity of Calgary .
“On behalf of Birchcliff, I would like to congratulate Theo, Robyn and Hue on their appointments, which further strengthen our Executive Team for the future. We take a proactive approach to succession, ensuring that we maintain our strong corporate culture and top tier performance, and these appointments reflect our commitment to promote from within to maintain continuity in our business and reward successful performance. The skills, expertise and perspectives of these three individuals will further complement our existing Executive Team, enhancing Birchcliff’s ability to continuously improve the execution of our business and create value for our shareholders,” said
Also effective
Forward-Looking Statements
Certain statements contained in this press release constitute forward-looking statements and forward-looking information (collectively referred to as “forward-looking statements”) within the meaning of applicable Canadian securities laws. All statements and information other than historical fact may be forward-looking statements. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Accordingly, readers are cautioned not to place undue reliance on such forward-looking statements. Although Birchcliff believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct and Birchcliff makes no representation that actual results achieved will be the same in whole or in part as those set out in the forward-looking statements.
In particular, this press release contains forward-looking statements relating to the following: that Birchcliff’s priorities and strategy remain unchanged and it continues to focus on operational excellence, capital discipline, debt reduction and generating free funds flow in order to create shareholder value; and that the skills, expertise and perspectives of the three new officers will further complement Birchcliff’s existing Executive Team, enhancing Birchcliff’s ability to continuously improve the execution of its business and create value for its shareholders. With respect to the forward-looking statements contained in this press release, assumptions have been made regarding, among other things: the degree to which the Corporation’s results of operations and financial condition will be disrupted by circumstances attributable to the COVID-19 pandemic; prevailing and future commodity prices and differentials, exchange rates, interest rates, inflation rates, royalty rates and tax rates; the state of the economy, financial markets and the exploration, development and production business; the political environment; the regulatory framework; future operating, transportation, marketing, G&A and other expenses; Birchcliff’s ability to access capital and obtain financing on acceptable terms; the timing and amount of capital expenditures and the sources of funding for capital expenditures and other activities; the sufficiency of budgeted capital expenditures to carry out planned operations; the successful and timely implementation of capital projects; results of operations; Birchcliff’s ability to continue to develop its assets and obtain the anticipated benefits therefrom; and the performance of existing and future wells. Birchcliff’s actual results, performance or achievements could differ materially from those anticipated in the forward-looking statements as a result of both known and unknown risks and uncertainties including, but not limited to: the risks posed by pandemics (including COVID-19) and epidemics and their impacts on supply and demand and commodity prices; actions taken by
Readers are cautioned that the foregoing lists of factors are not exhaustive. Additional information on these and other risk factors that could affect results of operations, financial performance or financial results are included in Birchcliff’s most recent Annual Information Form under the heading “Risk Factors” and in other reports filed with Canadian securities regulatory authorities. Management has included the above summary of assumptions and risks related to forward-looking statements provided in this press release in order to provide readers with a more complete perspective on Birchcliff’s future operations and management’s current expectations relating to Birchcliff’s future performance. Readers are cautioned that this information may not be appropriate for other purposes. The forward-looking statements contained in this press release are expressly qualified by the foregoing cautionary statements. The forward-looking statements contained herein are made as of the date of this press release. Unless required by applicable laws, Birchcliff does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
About Birchcliff:
Birchcliff is a
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