Horizon Petroleum Appoints Board Member and Interim Chief Financial Officer
09 11월 2017 - 11:00PM
Business Wire
Horizon Petroleum Ltd. (the “Company” or “Horizon”)
(TSXV:HPL) is pleased to report the appointment of Matt
Janisch, B.Sc. Eng (Petroleum), MBA, to the Board of Directors of
the Company, and to the role of Interim Chief Financial
Officer.
Mr. Janisch has over 30 years of oil and gas and financial
experience and was most recently VP Finance and Chief Financial
Officer of a large independent Canadian domestic oil & gas
producer. Prior to this role, he was Executive Vice-President and
Chief Financial Officer of an international oil and gas producer.
In addition, he has approximately twelve years of investment
banking and equity research experience with a Canadian bank owned
investment dealer.
Mr. Janisch completed his Bachelor of Science in Petroleum
Engineering at the University of Alberta, and his Masters of
Business Administration (MBA) at the University of Western Ontario.
He is based in Calgary.
“We are very pleased to have a financial professional of Matt’s
calibre join the Board of Horizon, and assume the position of
Interim Chief Financial Officer. I look forward to working with
Matt, in moving the Company forward with its European gas
acquisition and development strategy. With his international
financial and industry experience, Matt’s appointment is an
important first step as we build the Management team to execute our
strategy. Further steps will include adding professionals with
operating and management experience in Poland as we prepare for our
first operations as well as further acquisitions. We will update
the market as we make further additions to the management team. I
would like to sincerely thank Mark Gelmon for the work that he has
done for Horizon; Mark is stepping aside as CFO of the Company, but
will continue to assist Horizon with its financial reporting and
public filing,” commented Dr. David Winter, President & CEO of
Horizon.
The Company further reports the grant of a total of 325,000
stock options to Mr. Janisch, at a price of $0.09, which shall vest
as to 1/3rd on the date of grant, 1/3rd after 12 months, and the
final 1/3rd after 24 months; the stock options expire 5 years from
the date of grant. These options are being granted under the
Company’s stock option plan, and are subject to the acceptance of
the TSX Venture Exchange.
About Horizon Petroleum Ltd.
Calgary-based Horizon is focused on the appraisal and
development of oil & gas reserves in Europe. The Management and
Board of Horizon consist of oil & gas professionals with
significant international experience.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
This press release contains "forward-looking statements" or
"forward-looking information" (collectively referred to herein as
"forward-looking statements") within the meaning of applicable
securities legislation. Such forward-looking statements include,
without limitation, forecasts, estimates, expectations and
objectives for future operations that are subject to a number of
assumptions, risks and uncertainties, many of which are beyond the
control of Horizon. Forward-looking statements are statements that
are not historical facts and are generally, but not always,
identified by the words "expects", "plans", "anticipates",
"believes", "intends", "estimates", "projects", "potential" and
similar expressions, or that events or conditions "will", "would",
"may", "could" or "should" occur or be achieved. This press release
contains forward-looking statements pertaining to, among other
things entering into the Definitive Agreements and completion of
the transaction, and the furtherance of Horizon’s European
acquisition and development strategy.
Forward-looking information is based on current expectations,
estimates and projections that involve a number of risks, which
could cause actual results to vary and in some instances to differ
materially from those anticipated by Horizon and described in the
forward-looking information contained in this press release.
Although Horizon believes that the material factors,
expectations and assumptions expressed in such forward-looking
statements are reasonable based on information available to it on
the date such statements were made, no assurances can be given as
to future results, levels of activity and achievements and such
statements are not guarantees of future performance.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20171109005300/en/
Horizon Petroleum Ltd.Dr. David Winter, +1
403-619-2957President & CEOdavid.winter@horizon-petroleum.comorDavid R.
Robinson, +1 403-399-9047VP Business Developmentdavid.robinson@horizon-petroleum.com
Horizon Petroleum (TSXV:HPL)
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Horizon Petroleum (TSXV:HPL)
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