Pétrolia Inc. (TSX VENTURE:PEA) announces changes to its management team following Alexandre Gagnon’s notice to the Board of Directors that he is resigning as CEO and member of the Board.
The Company would first like to acknowledge the enduring legacy of Alexandre Gagnon. During his term, he played an important role in the negotiation and signature of the agreement that led to the creation of Hydrocarbons Anticosti LP as well as in the acquisition of an authorization certificate for hydraulic fracturing activities on Anticosti and the completion of the Haldimand N°. 4 drilling (without any incident, on-time and within budget). He also played an active part in the financing of the Bourque project, the commencement of the work on the same site, as well as in the financing of the Company’s exploration activities. A mandate he performed extremely well in a very demanding context.
‘I wish to thank Alexandre for his commitment, his dedication, his discipline and the breadth of his talent’ stated the Executive Chairman of the Board, Mr. Myron Tétreault. Even though the waters were often treacherous, he has shown a capable hand in keeping us on course with our corporate objectives and preserving the reputation of the Company. Even though we are saddened by his departure, we wish him all the best in his future endeavours’.