Hardy Names New Independent Non-Executive Director

Hardy Oil and Gas has appointed Ian Bruce, FCA as an Independent Non-Executive Director of Hardy, effective October 24, 2008.

Bruce is currently the Chief Executive Officer of Peters & Co. Limited, an independent, fully integrated investment dealer in the Canadian energy sector. Bruce spent six years with a major Canadian chartered accountancy firm prior to starting in the investment business in 1983. He joined Peters & Co. Limited in 1998, following senior roles with RBC Dominion Securities (1985-1994) and Scotia Capital Markets (1994-1998).

Bruce is currently Vice Chair and Director of the Investment Industry Association of Canada (2006), has been Past Chairman, Director and Executive Committee Member of Alberta Children's Hospital Foundation (1989 to 2004), and Past Director and Executive Committee Member of the Investment Dealers Association of Canada.

Bruce holds an undergraduate degree from Queen's University; an MBA from the Richard Ivey School of Business at the University of Western Ontario; and the designations of Chartered Accountant, Chartered Business Valuator and CF (Corporate Finance Qualification). In 2004, he became a Fellow of the Chartered Accountants of Canada.

In addition to serving on the board of directors of Hardy, Bruce will serve on the Company's Audit Committee.

Commenting on Mr Bruce's appointment, Mr E. P. Mortimer, Chairman of Hardy said, "We are delighted to welcome Ian to the Board of Hardy. His extensive experience in the capital markets and the energy sector will be invaluable as Hardy continues to expand its exploration and production programmes and grows its asset base in India and Nigeria."
 

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