David Thomas, president of Richards Oil & Gas Limited, said
that Lonn Bate has been appointed the company's new chief financial
officer, effective April 1.
A chartered accountant, Bate most recently was director
of finance, risk management, and treasurer of Viking Energy Royalty Trust. Previously,
he held various positions with Shell Canada, Suncor Energy, TransCanada PipeLines, and
Based in Calgary, Richards specializes in the exploration, development and
exploitation of coal bed methane properties. The company's prospective CBM land base
comprises 150.1 sections of land (96,064 acres gross, approximately 48,060
acres net). It containing a portfolio of near- to long-term cash flow
opportunities, including prospects in the Horseshoe Canyon, Ardley, and
Mannville CBM coal seams.