Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum AvenEx Energy Corp AVNDF

GREY:AVNDF - Post Discussion

AvenEx Energy Corp > Elbow River- Cash cow or drain?
View:
Post by deisman on Feb 28, 2013 11:58am

Elbow River- Cash cow or drain?

Was this arm of Avenex a cash cow or was it really a drain on the company?  Do any of you have access to the Elbow river financials?  Looking at executive compensation for 2011 (because we haven't seen 2012's yet)  it looks like ER's pres (Malcolm)  was getting double (C$1,048,625)  what Gallacher (C$535,060) or Dundas (C$535,060)  were. 

William M. Gallacher P.Eng.

Chairman, Chief Executive Officer, President, Chairman of Corporate Governance & Compensation Committee and Member of Reserves, Review & Environmental, Health & Safety Committee, AvenEx Energy Corp.

 

 

Age

Total Calculated Compensation

This person is connected to 30 board members in 9 different organizations across 15 different industries.

See Board Relationships

--

C$535,060
As of Fiscal Year 2011

 

Gary H. Dundas CMA, MBA

Chief Financial Officer, Vice President of Finance and Director, AvenEx Energy Corp.

 

 

Age

Total Calculated Compensation

This person is connected to 28 board members in 9 different organizations across 11 different industries.

See Board Relationships

--

C$546,539
As of Fiscal Year 2011

 

 

Executive Profile*

Ed Malcolm

President of Elbow River Marketing, AvenEx Energy Corp.

 

 

Age

Total Calculated Compensation

This person is connected to 0 board members in 0 different organizations across 2 different industries.

--

C$1,048,625
As of Fiscal Year 2011

Background*

Mr. Ed Malcolm serves as the President of Elbow River Marketing Limited Partnership (also known as Elbow River Resources Ltd.). Mr. Malcolm serves as the President of Butane Marketing for North America, East at Elbow River Marketing Limited Partnership. He served as Vice President of Elbow River Marketing Limited Partnership.

Be the first to comment on this post
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities