NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V:
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Posted On: 03/27/2018 6:58:32 PM
NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Names New CEO
Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF), a company focused on the development and implementation of proprietary technologies for the energy industry, this morning announced that its board of directors has appointed David Sealock as its new chief executive officer. Per the update, Alex Blyumkin will continue to serve as chairman of the company’s board of directors. “We believe David’s aptitude and capabilities will allow us to take Petroteq to the next level as we make significant progress in our Utah facilities and also move forward on building our PetroBloq consortium,” Blyumkin stated in the news release. “He is a well-rounded leader that has been known for initiating innovative technologies for cost efficiencies and has successfully completed a US$150M equity financing and US$200 million debt financing under his stewardship while he was President and CEO with Sunshine Oilsands. He is an executive that understands the depths of corporate governance and the regulatory policies and procedures in running a publicly traded company. As a technical professional, he has led large-scale transformation efforts within complex organizations to establish a clear line of sight to revenue growth goals and we believe he is the right person to lead the Company into the next stage of growth.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF), a company focused on the development and implementation of proprietary technologies for the energy industry, this morning announced that its board of directors has appointed David Sealock as its new chief executive officer. Per the update, Alex Blyumkin will continue to serve as chairman of the company’s board of directors. “We believe David’s aptitude and capabilities will allow us to take Petroteq to the next level as we make significant progress in our Utah facilities and also move forward on building our PetroBloq consortium,” Blyumkin stated in the news release. “He is a well-rounded leader that has been known for initiating innovative technologies for cost efficiencies and has successfully completed a US$150M equity financing and US$200 million debt financing under his stewardship while he was President and CEO with Sunshine Oilsands. He is an executive that understands the depths of corporate governance and the regulatory policies and procedures in running a publicly traded company. As a technical professional, he has led large-scale transformation efforts within complex organizations to establish a clear line of sight to revenue growth goals and we believe he is the right person to lead the Company into the next stage of growth.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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