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Petrolia Appoints New Director

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Petrolia Appoints New Director

Pétrolia has announced the appointment of a new board member as well as the restructuring of its management team in order to continue the implementation of its business plan.

These decisions will improve resource allocation and help the Corporation to better fulfill its role as operator of the Anticosti project while also pursuing its objectives in the Haldimand and Bourque projects.

The Corporation has announced the appointment of Mr. Martin Bélanger as a Director of Pétrolia. Mr. Bélanger is currently Director of Oil Pipelines and Commercial Operations Engineering at TransCanada Pipelines. The experience acquired by Mr. Bélanger over the last 24 years in the oil and gas industry will be extremely valuable to the board of directors.

In addition, as major activities will take place on our Haldimand and Anticosti projects in particular, the board of directors has approved certain changes to the team that will plan and implement the next phases of all its projects.

To this end: Mr. Mabrouk Ouederni, Eng., P. Geo. has been promoted to Operations Manager and Mr. Jean-Yves Laliberté, Eng., M.Sc., has been appointed Manager of Health, Safety, Environment, and Regulatory Affairs.

Drawing on both his experience and leadership, Mr. Ouederni will be able to guide our technical team through the various phases of our projects. For over 7 years, Mr. Ouederni has been an asset to our organization. Furthermore, as he did last summer, Mr. Ouederni will see to the proper execution of the next stratigraphic test campaign scheduled for summer 2015 on Anticosti Island.

As for Mr. Laliberté, he can rely on his many years of experience within the Ministère des Ressources naturelles to help the organization optimize its health, security and environment practices. His vast knowledge of current laws and regulations will enable him to successfully guide the Corporation through the process of obtaining the permits and authorizations necessary to meet its objectives.

Pétrolia also wishes to announce the departure of Mr. Gildas Collin. The board of directors thanks Mr. Collin for his contributions over the last year.
The new structure of Pétrolia's administrative and technical team will provide the Corporation with more flexibility and efficiency. With these changes, the Corporation will have the means necessary to manage its anticipated growth, pursue its work on Haldimand and Anticosti, and establish a productive partnership for Bourque.


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