Management TeamEd Gilmet, P. Geoph. - President, Chief Executive Officer and Director
Mr. Gilmet has over 30 years exploration, management, and operational experience throughout Western Canada. Mr Gilmet has worked at Hudson Bay Oil and Gas, Dome Peroleum Ltd., Westcoast Energy Corp., Poco Petroleums Ltd. and most recently Burlington Resources Canada Ltd. Mr. Gilmet has an extensive background of successful oil and gas exploration using seismic integrated with geology. In the past at Poco / Burlington, he successfully discovered 10 to 15 Bcf of gas each year at an on-stream cost of less that $8.00/BOE or $1.30/Mcf. He has directly assisted in increasing gas production from 0 to 70 MMcf/d from Hamburg/Chinchaga area. Mr. Gilmet is a member of Arcan's Compensation and Corporate Governance Committee.
Andy Fisher, B. Comm. PLM - Executive Vice President and Director
Mr. Fisher has 20 years of varied experience in oil and gas land management, operations, financings, strategic planning, busines development, acquisitions and divestitures, due diligence and office management. Mr. Fisher has been employed as Executive Vice President of Arcan Resources Ltd. since May 2004. Mr. Fisher was employed with Pacalta Resources Ltd. from March 1993 until June 1999 in the position of Vice President, International Contracts and Negotiations. Mr. Fisher helped manage Pacalta's Canadian assets and oversaw its pursuit of business opportunities in various countries. Mr. Fisher is a member of Arcan's Reserves / Healther Safety and Environment Committee.
Douglas Penner, CA, CIA, CFA - Vice President, Finance and Chief Financial Officer
Mr. Penner has over 19 years of varied experience in oil and gas financial management. From 2000 to 2005, Mr. Penner was Vice President, Finance and Chief Financial Officer with Tempest Energy Corp., a public company listed on the TSX. Tempest Energy grew from zero to over 4000 BOE/d mainly through drilling and was sold to Daylight Energery Trust in November 20005. Mr. Penner was Vice President, Finance and Chief Financial Officer with Open Range Energy Corp., a spin-out created upon the sale of Tempest Energy, prior to joining Arcan. Prior to Tempest Energy, Mr. Penner was employed by Northrock Resources, Tier One Energy Corp., Amerada Hess Canada and Ernst & Young.
Ian W Fisher P. Geologist - Engineering and Operations
Mr. Fisher has over 19 years exploration, operations and management experience in the WCSB. Most recently, Mr Fisher was Business Unit Manager at Burlington Resources for the Whitecourt area. Mr. Fisher successfully managed and delivered upon, capital budgets over $130mm with consistent 8-10% volumes growth while maintaining an F&D of $1.40mcfe. In the capacity of Unit Manager, Mr. Fisher managed 18 direct reports and a total team of 70 cross-functional personnel. During this time Mr. Fisher increased the prospect portfolio by forming a Shallow Gas Team and a Paleozoic Team. Also in this period Mr. Fisher kick started and managed the CT Programme initiative. Prior to that, Mr. Fisher was Team Leader and Senior Geologist with Poco Petroleums working the Brazeau to Slave Lake Areas successfully delivering a 40-60 well program yearly while maintaining consistent 70% economic success rate taking production in Whitecourt from 60mmcf/d to over 100mmcf/d in 3 years. Prior to Poco Petroleums Mr. Fisher was employed at Schlumberger Canada and Cromarty Resources Ltd.
Graeme Ryder, CA - Controller
Mr. Ryder has been Controller of Arcan since August 1, 2006 and was Controller of Open Range Energy Corp. prior to joining Arcan. Mr Ryder was Controller of Tempest Energy Corp., an oil and gas company, from June 2003 to November 2005. He joined Tempest Energy after completing his Chartered Accounting designation during his 3 years with KPMG LLP in Calgary, Alberta.
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