same price as in 2007
Todays share price is were this company was 4 years ago and lower than were it was 5 years ago.
With all the insider and financial institution holdings that were here, how could they be were they are today and forget the environmental issues.
Gas prices are down sure, and JNX has no production but they have a broken down rig for years and a lower float than QEC which is still trading at 100 % over were it was compared to the same time line and don't we have more acreage ?.
I don't want to take anything away from what has been accomplished by board members in their history but it seems to me if you look at boards for Junex and Questerre - is it just me or is there a tendency differentiated from public and private work history or entrepreneurship and would this have any effect on share price??
Also on QEC website they specifically state "creating shareholder value" and Junex basically states province of Quebec.
JMO - but set me straight if I do not have the right to be frustrated with this company.
In the last 12 months c/o INK =
ceo sells = $335,000 buys $17,07
officer sells = $67,000 buys $30,460
Hope someone sleeps well at night now and can focus on growth for a public company and not a piggy bank
Junex Board of Directors
Jacques Aubert was the President and Chief Executive Officer of Junex from foundation of the company in 1999 to June 2006. He is now Junex Chairman of the Board. In the two years preceding the creation of Junex, he was a member of the senior management team and President of SOQUIP, a corporation wholly-owned by the Government of Quebec primarily active in natural gas storage. From 1976 to 1994, Mr. Aubert was a member of the senior management team for Cascades Inc., including as Vice-President and Corporate Secretary thereof. During such time, he was actively involved with the listing of the shares of the company on the stock exchange and with the growth of this company in the pulp and paper industry.
Dr. Roberto Aguilera is Professor and ConocoPhillips Chair in Tight Gas Engineering at the University of Calgary and President and Chief Executive Officer of Servipetrol Ltd., an international oil and gas consulting company. Dr. Aguilera’s reputation is recognized worldwide. As a consultant since 1978, he has been involved in petroleum engineering studies in more than 40 countries and he has presented short industry courses dealing with "Naturally Fractured Reservoirs", "Reservoir Engineering", "Horizontal Wells", and/or "Well Testing" for many major oil and gas companies active on all the continents of the planet. Dr. Aguilera is a petroleum engineering graduate from the Universidad de America at Bogota, Colombia, and holds Masters and Ph.D. degrees in petroleum engineering from the Colorado School of Mines. He is a member of the Petroleum Society of CIM, SPE, CSPG, AAPG, SPWLA, CWLS, APEGGA and ACIPET.
Mr. André Caillé was Chairman of the World Energy Council from September 2004 to November 2007. He held the position of Chairman of the Board of Hydro-Québec from April to September 2005. Prior to this appointment, he was President and Chief Executive Officer of the Corporation for a period of 9 years starting in October 1996. Moreover, for more than 14 years he has occupied several other strategic management positions within Gaz Métropolitain such as president and CEO between 1987 and 1996. He was also appointed Quebec’s Deputy Minister of the Environment from 1978 to 1981. Mr. Caillé received the Order of Canada and the National Order of Quebec in recognition for his career in the Energy sector.
Daniel Courteau is a partner with the law firm DeGranpré Chait and holds a masters degree in taxation from the University of Sherbrooke as well as a postgraduate degree in international taxation from the Universite de Nice in France. He has extensive business experience, which includes having counselled several companies during the time that he was a taxation specialist at the accounting firm of Raymond Chabot 1980 to 1987 and as a partner specialized in taxation at the law firm of DeGrandpré Chait in Montreal where he has been for more than 13 years.
Jean-Yves Lavoie,P. Eng. is CEO of Junex since June 2006. He had previously been serving as President and Chief of Operations since the creation of the Company in March 1999. He was employed by SOQUIP as a petroleum engineer from 1974 to 1980 after which he remained active as a technical consultant and drilling engineer on several oil and gas projects in Quebec and overseas. All these different experiences either prior of following the production process have permitted him to refine his entrepreneurship qualities. As president of Les Ressources Naturelles Jaltin Inc. he has, among other things, initiated the realisation of the natural gas underground storage of Pointe-du-Lac. This was a first in Quebec and also a first worldwide to ever be perform in non-consolidated sediments. Mister Lavoie is a member of l’Ordre des Ingénieurs du Québec as well as the Association of Engineers, Geologists and Geophysicists of Alberta.
Laurent Lemaire is currently the Vice-Chairman of the Board of Directors of Cascades Inc. Before that, from 1992 to 2003, he was the President and Chief Executive Officer of the same company, the annual revenues of which exceed CDN$3.5 billion. Mr. Lemaire holds a masters degree in commerce from the University of Sherbrooke. He also sits on the Board of Directors of the Scotiabank and has been the recipient of numerous prizes and awards in recognition of his skill as a manager over the course of his career.
Dr. Gérald Riverin is President and Chief Executive Officer of Cogitore Ressurces Inc., a public company active in the exploration for base metals in Québec. Mr. Riverin has vast experience in the management of mining projects, notably with the Inmet Mining Corporation where he has worked for more than ten years as General Manager, Exploration for North America. Mr. Riverin and the exploration team he was in charge of have been credited for the gold discovery of the Troilus mine in northern Québec. He is a member of the Ordre des Géologues du Québec.
QUESTERRE ENERGY BOARD MEMBERS
DIRECTORS
Peder Paus, Chairman of the Board
Based in Oslo, Norway, Mr. Paus is a private investor focusing on turnaround and M&A situations.
Mr. Paus is currently director and Chairman of Dora AS, a private Norwegian real estate development company. He also served as a director of Terrenex Ltd., a public investment holding company that was a significant shareholder of the Company. From 1998 to 2004, he served as a director of Flowing Energy Corporation, a junior exploration and production company operating in Alberta, and from June 1998 to June 2001 was Director of CanArgo Energy Corporation, an integrated exploration and production company operating in the Republic of Georgia.
From 1981 to 1995, Mr. Paus was Chief Executive Officer of North Venture Ltd., a shipping and offshore consulting firm based in London, England. In this capacity he was involved in restructuring several large private companies including the refrigerated transportation division of PPI-Del Monte Fresh Produce B.V. During this period, Mr. Paus was also engaged as special consultant to the British Ministry of Defense and Export Credits Guarantee Department of the British Government.
Mr. Paus also has extensive experience in the banking and international finance sector. He was Executive Director, Member of the Executive Committee and Board of Directors of Manufacturers Hanover Limited and Vice President of Manufacturers Hanover Corporation, one of the leading US banks in the 1970s and early 1980s. He was also head of the Scandinavian division of Manufacturers Hanover Trust Co.
Mr. Paus graduated from the University of California, Berkeley with a degree in Business Administration in 1971. Mr. Paus was elected director of the Company in December 2000.
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Leslie Beddoes, Jr., Director
Mr. Beddoes is an international exploration consultant with more than 40 years' experience in the North American and international petroleum industry. Mr. Beddoes has been a Board member since November 2000.
Mr. Beddoes was formerly Vice President, International and Frontier Canada for Bow Valley Industries, an exploration and production company from 1989 to 1994. He also was one of the original founders of Bow Valley Energy Ltd., an exploration and production company, serving as Vice President of Exploration from their start in July 1996 until mid-1997. His work experience has included a six-year term with Asamera Inc. from 1982 to 1988 as Vice President and then Senior Vice President Exploration.
He holds both a Bachelor of Science degree in Mechanical Engineering and a Master of Science degree in Geology from Southern Methodist University.
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Michael Binnion, President and Chief Executive Officer
Mr. Binnion is one of the founding shareholders of Questerre and has been the Chief Executive Officer and President of Questerre Energy Corp., a public, oil and gas exploration and production company, since November 2000.
Mr. Binnion has been actively involved in the financing and executive management of numerous private and public companies over the last 16 years through his investment company, Rupert's Crossing Inc. Mr. Binnion served as the President and a Director of Terrenex and its predecessor from October 1995 to April 2008. He served as President and Chief Executive Officer of Flowing Energy Corp., a junior exploration and production company, from June 1996 to December 2001 and served as Chairman of the Board from 2002 to 2004. He served as the President and Chief Financial Officer of CanArgo Energy Corporation, an independent exploration & production company from 1997 to 2000. From 1992 to 1997 he was Executive Director of Crossfield House Inc., a private merchant banking firm. From 1992 to 1998 he was a minority shareholder and manager of a private investment company that held interest in commercial real estate and golf courses. Prior thereto he was Manager in the High Tech group at Clarkson Gordon, a division of Ernst & Young, specializing in tax-assistant financings. Mr. Binnion served as Chairman of the Board of Sylogist Ltd. from March 2000 to February 2002. He has been Director of Sylogist Ltd. since March 1997. He served as a Director of Magnus Energy, Inc. from March 4, 2005 to November 2007. Mr. Binnion serves as an Independent Director of High Arctic Energy Services Trust.
Mr. Binnion is a Chartered Accountant and holds a Bachelor's degree in Commerce from the University of Alberta.
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Pierre Boivin, Director
Mr. Boivin is a builder and corporate leader who pursued his entire career in the sports and entertainment industry. Mr. Boivin has been director since August 2008.
Since 1999, he has been President of the Montreal Canadiens, the Gillett Entertainment Group and the Bell Centre. He manages and oversees all sports and entertainment activities presented at the Bell Centre and in several other indoor and outdoor venues across Eastern Canada. In 1994, Pierre Boivin was appointed President and Chief Executive Officer of Canstar Sports Inc., a Montreal-based public company and a world leader in the hockey equipment industry. In 1995, Canstar was acquired by Nike, Inc. and became Bauer Nike Hockey Inc. Pierre remained as CEO of the new company until 1999. From 1993 to 1994, Pierre Boivin held the position of President and Chief Executive Officer of Weider Sporting Goods Inc., a world-leading sports and fitness equipment manufacturer based in Los Angeles.
Pierre is a member of the Board of Governors of the National Hockey League. He is Chairman of the board of Kangaroo Media Inc. and a member of the board of Canadian Satellite Radio Holdings Inc. (XM Canada) He is also the Chairman of the Montreal Canadiens Children’s Foundation which he founded in 2000. Since its inception, the Foundation has donated over $7 million to support over 300 organizations in Quebec dedicated to improving the well-being of sick and underprivileged children.
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Russ Hammond, Director
Mr. Hammond is an independent businessman with over 30 years’ experience providing venture capital to firms in the natural resource and energy sectors. Mr. Hammond is also director of Eco Recycling Systems Ltd., an environmental services company since 2000.
Mr. Hammond is a director of Eco Recycling Systems Ltd., an environmental services company since 2000 and a director of Tethys Petroleum Ltd., an independent energy company operating in Central Asia since 2006.
Mr. Hammond served as Chairman of Terrenex and its predecessor from 1995 to 2008. He is director and founder of CanArgo since July 1998, and a director of Cadiz Inc., an agricultural and water development company from 1991 to 1998.
Mr. Hammond has been self-employed since 1986. From 1974 to 1985 he was an equity partner in the British brokerage firm, W. Greenwell & Co., and from 1985 to 1986 was Managing Director of Greenwell-Montague Securities following the firm's acquisition by the Midland Bank.
Mr. Hammond holds a Bachelors' degree in Economics from Cambridge University.
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Patrick Quinlan, Director
Patrick is a Vice President with Capgemini, a major global and publicly traded consulting firm headquartered in Paris. He currently leads their Oil and Gas services group, a multinational team responsible for developing and delivering service offerings specifically for this sector. He has over 25 years over oil and gas experience and has worked in over 30 countries. He has extensive experience in the transformation of National Oil Companies and for the past three years he has focused on expanding Capgemini's business in Asia Pacific and particularly in China.
He began his career with Ernst & Young's predecessor firm Woods Gordon in 1986, advancing through various positions and culminating in his admission to the Partnership in 1990. He joined Capgemini as a Vice president in May 2000 upon the divestment of its consulting business in May 2000.
Prior to taking on his current global role in 2003, Patrick had dual responsibilities in Canada as both the Sector Leader for Oil and Gas and the Supply Chain Leader for the Energy and Utilities business. In this capacity he was responsible for the sales and delivery of all consulting, technology and business outsourcing services.
Patrick is a performance improvement specialist and has directed numerous business advisory and technology projects worldwide. He has developed of a portfolio of specialty oil and services and recently led research studies of the adoption of leading collaborative technologies ("digital oil") in the Norwegian Continental Shelf.
Prior to joining Capgemini (Ernst & Young) in 1986, he was employed by Dome Petroleum (BP) in a number of production and development engineering positions. He holds an engineering degree from Dalhousie (1981) and an M.B.A. from the University of Calgary (1987).
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Bjorn Inge Tonnessen, Director
Mr. Tonnessen is currently Executive VP for the Svenska Group, a private Swedish-based exploration and production company. As well as being the Managing Director in the Norwegian subsidiary, his main responsibility is to manage all of the Group’s existing licenses, these being a mix of exploration, development and producing assets in Norway, Sweden and several countries in Africa (currently Angola, Nigeria, Ivory Coast and Guinea Bissau)
He was formerly the senior energy analyst with DnB NOR Markets ASA from January 2003 to July 2007 and an equity analyst with Handelsbanken Capital Markets from October 2001 to November 2002. Prior thereto he was employed by the Svenska Group in a variety of progressively more senior roles including exploration and production manager for a large part of the company’s portfolio. Mr. Tonnessen has also been working as an offshore drilling engineer for several years.
Mr. Tonnessen holds a Bachelors’ degree in Petroleum Engineering from Stavanger University in Norway and an MBA equivalent degree from Stockholm University in Sweden.
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