CALGARY, Aug. 16, 2018 /CNW/ - Surge Energy Inc.
("Surge" or the "Company") (TSX: "SGY") confirms executive
appointments.
On July 16, 2018 Surge Energy Inc.
announced the appointment of two highly qualified businesswomen to
the Board of Directors. This action served to diversify the Board
of Directors through the addition of new skill sets and
backgrounds.
As a further step in enhancing the leadership of the Company,
Surge is extremely pleased to announce the addition of Mr.
Jim Stannard to the executive
team. Mr. Stannard will join the Company on September 6, 2018 in the role of Executive Vice
President. With twenty-five years of very diverse experience
in the energy sector, both in Western
Canada and internationally, Mr. Stannard will bring
additional expertise at the executive and technical levels.
He is a graduate of the University of
Alberta in Petroleum Engineering and worked in a variety of
engineering roles early in his career before completing ten years
in executive roles with Progress Energy. Subsequent to the
acquisition by PETRONAS, Mr. Stannard continued in the organization
and held executive roles including CEO of PETRONAS
Australia. Most recently, he has been providing independent
consulting services focused on business development and operations
improvement strategies.
"The Surge team will benefit significantly from Jim's broad
scope of experience and we look forward to his contribution to
continuing to the growth and profitability of the Company," says
Surge President and CEO, Paul
Colborne.
Surge is also pleased to announce the promotions of three
current leaders in the organization. Mr. Murray Bye has been named the Company's Chief
Operating Officer (COO) and Ms. Margaret
Elekes has been promoted to Senior Vice President, Land and
Business Development. Also promoted to the newly created role
of Vice President, Finance is Mr. Jared
Ducs. These promotions are effective immediately.
Mr. G. Paul Ferguson has left the
organization effective August 16,
2018. Surge thanks Mr. Ferguson for his efforts and
contributions during his tenure with the Company.
Neither the TSX nor its Regulation Services Provider (as that
term is defined in the policies of the TSX) accepts responsibility
for the adequacy or accuracy of this release.
SOURCE Surge Energy Inc.