McKenzie Takes CEO Spot at Canadian Superior Energy
Craig McKenzie has joined Canadian Superior Energy as Chief Executive Officer, effective October 1, 2007. Mr. McKenzie recently resigned his position as President of BG Trinidad & Tobago, BG Group approximately 2 weeks ago.
Speaking at the Independent Petroleum Association of America ("IPAA") Oil and Gas Investment Symposium in San Francisco, California, USA, Greg Noval, Chairman of Canadian Superior said, "We are very pleased to announce that Craig has joined Canadian Superior's Executive Management Team. Until very recently Craig was President, BG Trinidad & Tobago, one of BG's largest and most profitable operating divisions that has natural gas production of over 1 billion cubic feet per day ("bcf/d") and participates in all four trains of the 15.2 million tonnes per annum ("MTPA") Liquefied Natural Gas ("LNG") facilities at Atlantic LNG in Trinidad. Craig brings great oil and gas experience to Canadian Superior, and has demonstrated his skills and accomplishments worldwide, and we are happy to have him join Canadian Superior."
Mr. McKenzie is 44 years of age and a well known and respected industry leader with 21 years of diversified experience spanning international Exploration & Production ("E&P") and Liquefied Natural gas ("LNG") operations, projects, commercial, and corporate operations; well-grounded in large-scale business transformations, he is known as an inspirational leader who takes pride in building high-performing teams. To his new responsibilities, as Canadian Superior's Chief Executive Officer, Mr. McKenzie brings his exemplary performance record and reputation of achievement and success.
Prior to joining Canadian Superior, Mr. McKenzie was President, BG Trinidad & Tobago, BG Group plc and a member of the Atlantic LNG shareholders' board where he managed over 360 billion cubic feet ("bcf") of annual operated production and a complex of LNG-chain assets, as well as US$1.1 billion in ongoing projects. Mr. McKenzie joined BG Trinidad and Tobago as President in 2004 having worked prior for BP plc and Amoco Corporation in several senior management positions around the world. Mr. McKenzie holds an MBA from the Kellogg School of Management, Northwestern University, Illinois and a BS, Petroleum Engineering from Louisiana State University.
Canadian Superior's Chairman, Greg Noval, also announced today, "As part of the restructuring of our management team, Canadian Superior's current Executive Vice President, Mr. Leigh Bilton, will be assuming the new position of Vice Chairman of the Company to better assist the Company in moving forward with its aggressive growth strategy. Also, Mr. Mike Coolen, who has been interim CEO since this past June, will now be able to focus his full attention on his role as President and Chief Operating Officer of the Company."
Canadian Superior is a Calgary, Alberta, Canada based oil and gas exploration and production company with operations Offshore Trinidad and Tobago, Offshore Nova Scotia, Canada and in Western Canada. Canadian Superior has approximately 20,000 shareholders worldwide, including some of the top institutional shareholders in North America.
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