RE:RE:RE:RE:RE:RE:RE:RE:RE:Exec and Director changes
Arrow appoints de Freitas, Barguil, Hearst to board
2020-02-04 07:15 ET - News Release
Mr. Felix Betancourt reports
ARROW EXPLORATION CORP. ANNOUNCES CHANGES TO THE BOARD OF DIRECTORS AND MANAGEMENT
Tim de Freitas, Gustavo Antonio Dajer Barguil and Brian Hearst have been appointed to the board of directors of Arrow Exploration Corp.
Dr. de Freitas has over 25 years of experience, including 18 years in Canadian and international foothills. Dr. de Freitas was a co-founder, and chief executive officer of Ikkuma Energy in 2014 and grew that company from zero to 20,000 barrels of oil equivalent per day prior to the merger with Pieridae Energy in late 2018. He is currently a director of Pieridae Energy and also Briko Energy. Before that he was co-founder, vice-president, exploration, and chief operating officer at Manitok Energy until October, 2013. He also was chief operating officer of Drako Energy and Amarok Energy for several years, and he managed producing and non-producing assets in Colombia and the Western United States. Prior to that, he held various technical and managerial roles at Talisman, Nexen, Canadian Occidental, British Gas and Exxon/Imperial Oil. Dr. de Freitas completed his BSc, MSc and PhD degrees and a postdoctoral fellowship at various Canadian Universities or research institutions.
Mr. Barguil is the former ambassador, alternative permanent representative, for the Colombia mission to the United Nations in New York and the former Consul General of Colombia in London, England. He holds his master of administrative science from Fairleigh Dickinson University. He is also a Colombian qualified litigation lawyer.
Mr. Hearst is a chartered accountant with 25 years experience as chief financial officer with small public energy companies plus 15 years with a major energy company. He has been a team member in many equity and debt financings, dealing with regulators, investment bankers, lawyers, auditors, commercial bankers, reservoir engineers and company professionals. He has well-rounded experience in company management and good knowledge of all aspects of the energy industry, both domestic and international. He has also been a team member in several public listing projects: for Toronto Stock Exchange and TSX Venture Exchange, London Alternative Investment Market, and Colombia Stock Exchange.
The board of di
rectors now consists of Ravi Sharma, Juan Carlos Salazar, Dr. Luis Baena, Anthony Zaidi, Dr. de Freitas, Mr. Barguil and Mr. Hearst.
In addition to these new additions to the board, Mauricio Nunez Restrepo has been appointed as corporate secretary of the company.
The company also announces that Juan Pablo Collazos, former vice-president, exploration, and Eric Van Enk, the former vice-president, finance and investor relations, are no longer with the company. The company wishes Mr. Collazos and Mr. Van Enk the best of luck in their future endeavours.