Some interesting qualifications I noted some interesting qualifications for the three new guys. Seem to know how to build companies, increase shareholder value and then sell them. May be exactly what is needed here. Will be interesting to see the market reaction over the next few months.
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Donald Copeland
Mr. Copeland, an engineer and independent businessman with extensive experience in the oil and gas industry, currently sits on the board of directors of Western Energy Services Corp. and Crocotta Energy Inc. He serves on the Corporate Governance and Compensation Committee and Chairs the Health, Safety and Environment Committee for Western Energy Services Corp. Mr. Copeland also serves as Chairman of Toscana Energy Income Corporation, a public corporation that acquires oil and natural gas properties for yield and capital appreciation purposes that currently has ~2,700 boe/d of production. Mr. Copeland was previously the Chairman of Stoneham Drilling Trust and he has founded and served as the CEO and Chairman of a number of oil and gas corporations, both in the producing sector and oil field services sector of the industry. He has also served on the boards of numerous oil and gas industry corporations. Mr. Copeland received a BSc. in Chemical Engineering from the University of Calgary. He is also a graduate of the Director's Education Program sponsored by the Institute of Corporate Directors.
Joseph Durante
Mr. Durante has over 25 years of experience in Canada's oil and gas industry. Based in Calgary, Alberta, since 2003, Mr. Durante has been the Managing Director and CEO of Sprott Toscana, an organization of financial and technical experts focusing on providing financial and energy related yield vehicles to investors. Sprott Toscana provides management services to its two investment vehicles, Toscana Financial Income Trust and Toscana Energy Income Corporation. Mr. Durante also serves as CEO and a Director of Toscana Energy Income Corporation. Mr. Durante was also a co-founder and Chairman of Fairmont Energy Inc., a public junior exploration and production company acquired by Delphi Energy Inc., from August 2005 to October 2009, and a co-Founder and Chairman of Ranchgate Energy Inc., which was a publicly listed junior exploration and production company from June 2002 to August 2005 that grew its production base to approximately 1,200 boe/d and was subsequently acquired by Clear Energy. In addition, he was a co-founder and CEO of Ranchero Energy Inc., a TSX company that grew its production base to approximately 1,400 boe/d through the drill bit and was acquired by Primewest Energy Trust. Mr. Durante was also Managing Director of Norrep Resource Management Ltd., a private consulting firm that provided technical services to the Norrep Group of Funds from May 2001 to April of 2002, where he provided advisory services to the Norrep joint venture and flow-through funds. Mr. Durante received a Bachelor of Commerce in finance from the University of Calgary in 1981.
Peter Burnham
Mr. Burnham is a geologist and independent businessman with extensive executive experience in both private and public oil and natural gas companies. Mr. Burnham has a strong knowledge of the Western Canadian Sedimentary Basin and in particular, southeast Saskatchewan, one of Renegade's core areas. Mr. Burnham's 34 years of experience encompasses various executive roles including that of Vice President, Exploration of Tri Link Resources Ltd. (1981-2000). Since the sale of Tri Link in 2000, Mr. Burnham has managed and directed a number of privately held companies, including as Co-Founder, President and Director of Arista Energy Ltd (2004-2008) which was sold to Tri Star in 2008. In addition, on a consulting basis, Mr. Burnham assists organizations in evaluating opportunities for investment in start up and junior E&P companies. Among his clients is the Goal Group, a private equity firm of which Herb Pinder, a Renegade director, is a principal. Mr. Burnham is a director with Pulse Seismic, a public company, where he chairs the Environment, Health & Safety Committee and is a member of both the Corporate Governance and Nominating Committee and the Compensation Committee. Mr. Burnham also currently serves on the board of two privately held companies, Epping Energy Inc. and Freemont Resources Ltd. Mr. Burnham graduated from the University of British Columbia in 1979 and holds a BSc. in Geological Sciences. He recently completed the ICD Corporate Directors Program. He is a member of the Association of Professional Engineers, Geologists and Geophysicists of Alberta (APEGGA).