Cirrus announced the appointment of John Bell as Interim Vice President Finance and Chief Financial Officer. John, a Chartered Accountant, joined Cirrus in November, 2009 as Controller and was previously Controller at Zapata Energy Corporation.
In conjunction with the appointment, Cirrus has granted him an option, pursuant to the stock option plan, to acquire up to 400,000 Common Shares having an exercise price of $0.54 per share vesting evenly over a three year period and expiring two years after each vesting.
Effective August 16, 2010, Theo Bergers has been appointed as Managing Director of Cirrus Energy Nederland B.V. Theo has extensive international and North Sea experience in a variety of technical and senior management roles, most recently as Operations Manager for Wintershall in Libya. Theo started his career in 1975 as a production engineer with Shell working in The Netherlands, Oman, Brunei and Shell Expro in the UK prior to moving to Clyde Petroleum in 1990 where he was responsible for the operation and development of Clyde's operated assets in The Netherlands which were acquired by Wintershall in 2002. Theo brings a wealth of directly relevant operational experience to Cirrus' activities in the Dutch North Sea.
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