Pétrolia is pleased to announce the next stage of its succession plan. Mr. Myron Tetreault, currently Chairman of the Board and interim President and Chief Executive Officer has been appointed Executive Chairman of the Board. Mr. Alexandre Gagnon, currently Executive Vice President, has been promoted to President and Chief Executive Officer. These changes complete the implementation of the succession plan initiated in [...]
Pétrolia is pleased to announce the findings of the hydrogeological characterization study on the Haldimand sector conducted by the Institut national de la recherche scientifique - Centre Eau Terre Environnement. The purpose of the study was to have independent experts examine the risk of groundwater quality degradation linked to oil and gas exploration and extraction.
Pétrolia announces that Mr. André Proulx has resigned as a member of the board of directors. Mr. Proulx will also not be a standing for re-election as a director at the upcoming Annual General and Special Meeting of shareholders. Pétrolia is a junior oil and gas exploration company which owns interests in oil and gas licenses covering 16,000 km², which represents almost 23% of the Québec territory under lease.
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