Inter Pipeline Announces Appointment of New Chief Financial Officer
CALGARY, ALBERTA -- (Marketwired) -- 01/08/14 -- Inter Pipeline
Ltd. ("Inter Pipeline") (TSX: IPL) is pleased to announce that Brent
Heagy has been appointed Chief Financial Officer effective March 1,
2014. Mr. Heagy will replace Bill van Yzerloo, whose planned
retirement was disclosed earlier in 2013.
Mr. Heagy joins Inter Pipeline from Athabasca Oil Corporation where
he served as Chief Financial Officer. In a career spanning more than
30 years, Mr. Heagy has extensive experience in the areas of
corporate finance, accounting, risk management and strategic
leadership. He holds a bachelors degree from the University of
Saskatchewan and is a chartered accountant.
"Inter Pipeline is delighted to welcome Brent aboard," commented
Christian Bayle, President and CEO of Inter Pipeline. "Brent has the
background and expertise needed to ensure a smooth transition and
continue Inter Pipeline's track record of strong financial
"I would also like to thank Bill for his many years of dedicated
service," said Mr. Bayle. "Bill's contributions have helped Inter
Pipeline become the success it is today. We wish him well in his
Inter Pipeline Ltd.
Inter Pipeline is a major petroleum transportation, natural gas
liquids extraction, and bulk liquid storage business based in
Calgary, Alberta, Canada. Inter Pipeline owns and operates energy
infrastructure assets in western Canada and northern Europe.
Additional information about Inter Pipeline can be found at
www.interpipeline.com. Inter Pipeline shares trade on the Toronto
Stock Exchange under the symbol IPL.
Certain information contained herein may constitute forward-looking
statements that involve risks and uncertainties. Readers are
cautioned not to place undue reliance on forward-looking statements.
Such information, although considered reasonable by Inter Pipeline at
the time of preparation, may later prove to be incorrect and actual
results may differ materially from those anticipated in the
statements made. For this purpose, any statements that are not
statements of historical fact may be deemed to be forward-looking
statements. Forward-looking statements often contain terms such as
"may", "will", "should", "anticipate", "expects" and similar
expressions. Such risks and uncertainties include, but are not
limited to, risks associated with operations, such as loss of
markets, regulatory matters, environmental risks, industry
competition, potential delays and cost overruns of construction
projects, and the ability to access sufficient capital from internal
and external sources. You can find a discussion of those risks and
uncertainties in Inter Pipeline's securities filings at
www.sedar.com. The forward-looking statements contained in this news
release are made as of the date of this document, and, except to the
extent required by applicable securities laws and regulations, Inter
Pipeline assumes no obligation to update or revise forward-looking
statements made herein or otherwise, whether as a result of new
information, future events, or otherwise. The forward-looking
statements contained in this document are expressly qualified by this
All dollar values are expressed in Canadian dollars unless otherwise
Investor Relations: Inter Pipeline Ltd.
Vice President, Capital Markets
403-290-6015 or 1-866-716-7473
Media Relations: Inter Pipeline Ltd.
Director, Corporate and Investor Communications
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