BANKERS PETROLEUM LIMITED: Statement re BNK senior engineering management
Bankers Petroleum announces enhancement of senior engineering management
CALGARY, Sept. 9, 2013 /CNW/ - Mr. David French, President and Chief Executive
Officer of Bankers Petroleum Ltd. ("Bankers"), is pleased to announce the
appointment of Bruce Beveridge to the position of Vice President, Engineering,
and Andrew Seto, to the position of Development Engineering Director.
Together, Mr. Beveridge and Mr. Seto will oversee and provide guidance to those
teams responsible for the reservoir performance of our active drilling program
and implementation of our Secondary and Tertiary development. Additionally,
Mr. Beveridge will be responsible for the technical design of our surface
facilities to support our growth.
Mr. Beveridge joins Bankers with over 30 years of domestic and international
engineering experience in the oil and gas industry. Most recently he held the
role of Vice President and Chief Operating Officer at Barrick Energy Inc.
Throughout his career Mr. Beveridge has held various Senior Management and
Engineering positions at Apache Canada, Shell Canada Ltd. and Canterra Energy
Mr. Seto has nearly 30 years' experience in technical engineering positions
within the oil and gas industry. For the past three years, Mr.Seto held the
position of Chief Reservoir Engineer & Senior Manager, Reservoir Engineering &
Simulation with Penn West Petroleum. Prior to working at Penn West, he worked
at Pengrowth Energy, APA Petroleum Engineering, Husky Energy, Crestar Energy
and Imperial Oil Resources.
"I am excited to announce the expansion of our leadership team. Together, Mr.
Beveridge and Mr. Seto bring a wealth of experience to our team that will play
an important role in ensuring that we continue to deliver reliable, disciplined
growth for our shareholders." said David French, President and Chief Executive
Officer of Bankers Petroleum.
About Bankers Petroleum Ltd.
Bankers Petroleum Ltd. is a Canadian-based oil and gas exploration and
production company focused on developing large oil and gas reserves. In
Albania, Bankers operates and has the full rights to develop the Patos-Marinza
heavy oilfield, has a 100% interest in the Kuçova oilfield, and a 100%
in Exploration Block "F". Bankers' shares are traded on the Toronto Stock
Exchange and the AIM Market in London, England under the stock symbol BNK.
SOURCE: Bankers Petroleum Ltd.
For further information:
President and Chief Executive Officer
Executive VP, Finance and Chief Financial Officer
VP, Business Development
Canaccord Genuity Limited
+44 0 207 523 8000
FirstEnergy Capital LLP
Hugh Sanderson / David van Erp
+44 0 207 448 0200
-0- Sep/09/2013 13:10 GMT
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