Edition:
United States

Valeura Energy Inc (VLE.TO)

VLE.TO on Toronto Stock Exchange

2.70CAD
15 Aug 2018
Change (% chg)

$-0.30 (-10.00%)
Prev Close
$3.00
Open
$3.01
Day's High
$3.07
Day's Low
$2.58
Volume
923,852
Avg. Vol
401,187
52-wk High
$8.27
52-wk Low
$0.43

Summary

Name Age Since Current Position

Timothy Marchant

67 2018 Chairman of the Board

Sean Guest

2018 President, Chief Executive Officer

Stephen Bjornson

2010 Chief Financial Officer

Lyle Martinson

2018 Chief Operating Officer

Donald Shepherd

2010 Vice President - Engineering

Russell Hiscock

2018 Director

James McFarland

70 2017 Director

Ronald Royal

69 2010 Independent Director

Biographies

Name Description

Timothy Marchant

Dr. Timothy R. Marchant is Chairman of the Board of the Company. Dr. Marchant brings more than 35 years of senior executive experience in the oil and gas industry in Canada and internationally, with extensive experience in international operations and foreign growth strategies. In a career that spanned 29 years with Amoco and BP, he held senior executive positions in Canada and a number of countries in the Middle East including Egypt, Saudi Arabia, Abu Dhabi and Kuwait. Dr. Marchant is currently Adjunct Professor of Strategy and Energy Geopolitics at the Haskayne School of Business, University of Calgary. He also serves as a non-executive director of Vermilion Energy Inc. and Cub Energy Inc. Dr. Marchant has a Ph. D Geology, Trinity College, University of Dublin, Ireland. He has also completed the Executive Program at the Ivey School of Business, University of Western Ontario and the Institute of Corporate Directors Education Program.

Sean Guest

Dr. Sean Guest is President, Chief Executive Officer of the Company. He brings more than 25 years of experience in the oil and gas industry, almost all international, including 15 years in senior and executive leadership roles. His early 12-year career with Shell included assignments in the Netherlands, Australia and Malaysia. He subsequently joined Woodside Energy, where he managed the company's exploration program in Libya from 2005 to 2009, followed by management of the exploration and new business functions in Australia. For the past seven years, he has been chief executive officer of two private, junior international companies with exploration and production operations in Australia, Indonesia, Malaysia and Ethiopia. Dr. Guest has a PhD in geology and a BSc in applied science (honours), both from Queen's University at Kingston.

Stephen Bjornson

Mr. Stephen E. Bjornson is Chief Financial Officer of Valeura Energy Inc. He has been Chief Executive Officer of Northern Hunter from November 1, 2008 to April 9, 2010, Vice President, Carrera Investments Corp., from February 1, 2008 to October 31, 2008, Independent Businessman from September 2007 to November 1, 2008, Senior Vice President and Chief Financial Officer of Sound Energy Trust from August 2006 to September 2007, Chief Financial Officer of Clear Energy Inc., from January 2003 to August 2006.

Lyle Martinson

Mr. Lyle A. Martinson is Chief Operating Officer of Valeura Energy Inc. He has been Operations and Drilling Manager - Libya of Verenex Energy Inc. (an oil and gas company) from August 2006 to December 2009, Well Engineering and Operations Manager of Chevron Canada Resources from May 2004 to July 2006.

Donald Shepherd

Mr. Donald W. Shepherd is Vice President - Engineering of Valeura Energy Inc. He has been General Manager - Libya of Verenex Energy Inc., an oil and gas company, from January 2006 to December 2009, Vice President, Engineering and Operations of Calvalley Petroleum Inc., an oil and gas company, from October 2005 to December 2005, Production Engineering Specialist and Business Development Coordinator of APA Petroleum Engineering Inc., (an engineering firm), from October 2004 to September 2005.

Russell Hiscock

Mr. Russell J. Hiscock is Director of the Company. Mr. Hiscock is the President and Chief Executive Officer of the CN Investment Division (Montreal), which manages one of the largest corporate pension funds in Canada. Mr. Hiscock has many years of equity portfolio management experience in both the Canadian and international stock markets, with particular emphasis on the oil and gas sector. He is a past Chairman of the Pension Investment Association of Canada (PIAC). Mr. Hiscock holds a Bachelor of Mathematics degree from the University of Waterloo, a Master of Arts degree in Economics from the University of Western Ontario and an MBA from the University of Toronto. He is a Certified Chartered Financial Analyst and a Certified Management Accountant. Mr. Hiscock will serve as a member of the Audit Committee and the Governance and Compensation Committee of the Board.

James McFarland

Mr. James D. McFarland is Director of Valeura Energy Inc. Mr. McFarland has been President and Chief Executive Officer of Valeura since April 9, 2010. Prior to this, he was President and Chief Executive Officer of Verenex Energy Inc. (a TSX listed issuer) from March 1, 2004 to December, 2009. Mr. McFarland has more than 40 years of oil and gas experience in Canada, the USA, Europe, Australia and North Africa, including a 23 year career with Imperial Oil Limited and other ExxonMobil affiliates. Mr. McFarland is a member of the Association of Professional Engineers, Geologists and Geophysicists of Alberta, the Society of Petroleum Engineers International, the Program Committee of the World Petroleum Council and the Institute of Corporate Directors. He received a Bachelor of Science in Chemical Engineering from Queen’s University and a Master of Science in Petroleum Engineering from the University of Alberta and completed the Executive Development Program at Cornell University. In 2003, he was awarded the Australian Centenary Medal for outstanding service through business and commerce.

Ronald Royal

Mr. Ronald W. Royal is Independent Director Valeura Energy Inc. Mr. Royal has been a private businessman since April 2007. Mr. Royal has more than 36 years of oil and gas experience with Imperial Oil Limited and other ExxonMobil upstream affiliates in France and Chad including and General Manager of Esso Chad Inc. Mr. Royal holds a Bachelor of Applied Science degree in Mechanical Engineering from the University of British Columbia. In 2003, he was awarded the title “Chevalier de l’Ordre National du Chad” for his contributions to the economic development of Chad.

Basic Compensation

Name Fiscal Year Total

Timothy Marchant

--

Sean Guest

--

Stephen Bjornson

366,240

Lyle Martinson

317,240

Donald Shepherd

317,240

Russell Hiscock

--

James McFarland

482,980

Ronald Royal

--
As Of  30 Dec 2014