Exploration & Production | People

Sunshine Oilsands Appoints CEO, COO

Share Print Bookmark    |    Monday,December 15,2014

The Board of Directors of Sunshine Oilsands Ltd. has unanimously appointed Mr. Hong Luo, a Director of the Corporation, as Chief Executive Officer, subject to obtaining all necessary immigration approvals.

The Board of Directors has also unanimously appointed Dr. Qi Jiang as President and Chief Operating Officer and a Director.

There are no disagreements among board members and there are no special matters relating to these new appointments that need to be brought to the attention of the shareholders of the Corporation.

Appointment of a Chief Executive Officer

The Board is pleased to announce that Mr. Hong Luo, a Director of the Corporation, has been appointed as Chief Executive Officer, subject to obtaining all necessary immigration approvals. This appointment will become effective once all such approvals have been obtained. Until such time, Mr. Michael Hibberd, the Corporation's Executive Vice Chairman will continue to perform the functions of the CEO of the Corporation.

Mr. Luo, aged 51, has been a Director of the Corporation since November 28, 2014 and is currently the Executive Vice President of Sinopec Canada and has served in this role since February 2012. Mr. Luo has 30 years' experience in the oil and gas industry. Prior to joining Sinopec Canada, Mr. Luo was Director of Strategy and Planning at Sinopec International Petroleum Exploration and Production Corporation (SIPC) from September 2009 to January 2012. From May 2008 to August 2009, Mr. Luo was President of West Africa and Asia-Pacific Exploration and Production Projects and from May 2007 to April 2008, he served as Director of Exploration of SIPC. Mr. Luo was Vice President of the First International Oil Company of SIPC in Kazakhstan from April 2006 to April 2007 and, from April 2004 to March 2006, Mr. Luo was Exploration Manager of Saudi Sinopec Gas Co. (Saudi Arabia). Prior to 2004, Mr. Luo held executive leadership positions in Northwest Oil Company's business units of Sinopec in China, serving in many executive capacities and in numerous geological, engineering, operational and planning roles throughout northwest China and the Tarim Basin. Mr. Luo holds a Bachelor of Geology from the University of Science and Technology of Chengdu, China.

Appointment of a Director and President and Chief Operating Officer

The Board is pleased to announce that Dr. Qi Jiang has been appointed as a Director effective as of December 15, 2014 and as President & Chief Operating Officer of the Corporation, with effect as of January 5, 2015. Dr. Jiang, aged 51, has over 31 years of experience in the oil and gas industry, including over 25 years of broad experience in heavy oil and oilsands development. Dr. Jiang served as Vice-President, Reservoir and Production Engineering from 2012 to current date with OSUM Oil Sands Corp. ("OSUM"). He served as Manager, EOR and Reservoir Engineering with OSUM from 2008 to 2011. Prior to that he worked at Canadian Natural Resources Limited for eight years leading reservoir and production optimization, field testing of new recovery technologies, reservoir simulation and strategic planning for oilsands projects. Dr. Jiang has also held senior positions in PetroChina, Silk Energy Corp. and GravDrain Inc. that involved design and operation of thermal projects.

Dr. Jiang holds a Ph.D. (1997) and an M.Sc. (1994) in Petroleum Engineering from University of Calgary. He earned his B.Sc. (1983) in Petroleum Engineering at Southwest Petroleum University in China. He is a member of the Association of Professional Engineers, Geologists and Geophysicists of Alberta, a member of the Society of Petroleum Engineers and a member of the Canadian Heavy Oil Association. Dr. Jiang has published over 20 publications related to cyclic steam stimulation, steam assisted gravity drainage and solvent extraction technologies.