Baytex Energy Trust on Tuesday announced the following appointments to its management team, further preparing it for its future conversion to a corporation executing a growth-and-income model.
Stephen Brownridge, currently Vice President of our Heavy Oil Business Unit, has been named Vice President of Exploration. He has been with Baytex since 1997, serving in exploration management roles prior to leading the Heavy Oil Business Unit. In his new role, Brownridge will focus on guiding our geoscience efforts in our existing resource plays, as well as generating new exploration and development projects. Brownridge has a bachelor of science degree with Honors in Geology from the University of Manitoba and a master of science degree in Geology from the University of Alberta.
Richard Ramsay is joining Baytex as Vice President of its Heavy Oil Business Unit. He was formerly Chief Operating Officer of TAQA North Ltd. Ramsay previously held a variety of technical and management positions with Northrock Resources Ltd., Fletcher Challenge Energy Canada Inc., Amoco Canada Petroleum Ltd. and Dome Petroleum Ltd. He brings strong engineering and project management capabilities to Baytex, which will be particularly valuable as it increases the scale of its development activities in its heavy oil resource plays. Ramsay has a bachelor of science degree with distinction in mechanical engineering from the University of Saskatchewan.
Baytex Energy Trust is a conventional oil and gas income trust focused on maintaining its production and asset base through internal property development and delivering consistent returns to its unitholders. Baytex's trust units are traded on the Toronto Stock Exchange under the symbol BTE.UN and on the New York Stock Exchange under the symbol BTE.
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