Canbriam Energy (Canbriam) announced today the retirements of two of its founding members Gary Gardiner, Chief Operating Officer and John Nieto, Chief Technology Officer. In addition, Rob Froese, Chief Financial Officer and Art Flaws, Vice President Drilling & Completions will also retire. The retirements were effective January 7, 2019 and reflect the planned transition in leadership at Canbriam. Each individual has agreed to consult as needed through the first quarter of 2019 to ensure a seamless transition.
“The contributions made by John, Gary, Rob and Art during their careers with Canbriam have been significant” said Paul Myers, Canbriam’s President & Chief Executive Officer. “Their thoughtful leadership and hard work helped establish the foundation of Canbriam’s organic development. On behalf of the entire organization, I thank them for all they have done to make Canbriam a low cost liquids-rich natural gas producer and a great place to work.”
Concurrent with these retirements, two appointments have been made to the Executive leadership. Graham Janega, currently Vice President Subsurface will become Chief Operating Officer and Larry Cole, Vice President Finance will assume the role of Chief Financial Officer. These appointments are also part Canbriam’s long term succession plans.
Please refer to our website www.canbriam.com for more details.
About Canbriam
Canbriam Energy Inc. is a private intermediate exploration and production Company with a focus on liquids rich natural gas development. Its principal producing properties and acreage positions are in the Altares Montney of northeast British Columbia. Canbriam is focused on generating full cycle value creation from its Montney asset in all commodity price cycles through ownership of all processing and water handling infrastructure, maintaining a low operating cost structure and through proactive risk management that includes hedging commodity price exposure. The Company was founded in 2007 and is headquartered in Calgary, Alberta with an office in Fort St. John, British Columbia.
Investor & Media Contacts
Paul Myers
President and Chief Executive Officer
pmyers@canbriam.com
Bill Stait
Vice President, Capital Markets and Corporate M&A
bstait@canbriam.com