Norwood Resources Ltd. has announced the appointment of David Grellman to the position of Vice President of Operations. The Company welcomes him as a key member of its management team.
As VPO, Grellman will report to the Chief Operating Officer of the Company, Lee DiStefano. His primary responsibilities will be to implement and manage Norwood's corporate drilling objectives and the development of a practical and effective infrastructure to support all aspects of the Company's drilling, testing and production operations. This will include developing an effective supplier network and logistics system and managing contractor relationships. Grellman will also be responsible for the Company's HSE (Health, Safety & Environmental) policy and to ensure its compliance with Nicaraguan and International oilfield standards and practices.
Grellman has 36 years experience in the global oil and gas industry primarily in the well operations. He began his career in 1972 with Exlog, and in 1978 joined Cities Service Oil Company, which was later acquired by Occidental Oil and Gas. During his time with Occidental he worked in drilling operations in more than 20 countries. Starting as a well-site geologist, Grellman progressed to become General Manager in four countries (Papua New Guinea, Australia, Pakistan, Albania) and was responsible for managing all phases of drilling programs from inception to completion, integrating operations, planning, budget, government relations, contract negotiation and administration and HSE functions. His most recent position at Occidental was Manager of Exploration Operations. Grellman graduated from the University of Sydney with majors in geology and economics in 1972.
The Company has granted 250,000 incentive stock options to Grellman under the terms of the Company's stock option plan. The options will be exercisable for a period of five years at a price of $1.19 per share and are subject to the policies of the TSX Venture Exchange.
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