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Advantage Oil & Gas Ltd (AAV.TO)

AAV.TO on Toronto Stock Exchange

1.66CAD
30 Jun 2020
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897,857
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Summary

Name Age Since Current Position

Ronald McIntosh

77 2014 Independent Chairman of the Board

Andy Mah

59 2011 President, Chief Executive Officer, Director

Craig Blackwood

2013 Chief Financial Officer, Vice President - Finance

Michael Belenkie

2018 Chief Operating Officer

Neil Bokenfohr

2014 Senior Vice President

David Sterna

2018 Vice President, Marketing and Commercial

Jay Reid

2001 Corporate Secretary

Jill Angevine

51 2015 Independent Director

Stephen Balog

68 2007 Independent Director

Grant Fagerheim

60 2014 Independent Director

Paul Haggis

68 2008 Independent Director

Biographies

Name Description

Ronald McIntosh

Mr. Ronald A. McIntosh is Independent Chairman of the Board of Advantage Oil & Gas Ltd., since February 4, 2014. Mr. McIntosh sits on the board of North American Construction Group, a publicly traded corporation and was previously Chairman from May 2004 to October 31, 2017. He has previously been a board member of publicly traded and private companies. Mr. McIntosh has extensive experience in the energy business, with previous executive roles including President and Chief Executive Officer of Navigo Energy, Chief Operating Officer of Gulf Canada, Vice President Exploration and International of PetroCanada and Chief Operating Officer of Amerada Hess Canada. He holds B.Eng. and M.Sc. degrees from the University of Saskatchewan.

Andy Mah

Mr. Andy J. Mah is President, Chief Executive Officer, Director of Advantage Oil & Gas Ltd. He is President since April 21, 2011. Chief Executive Officer since January 27, 2009. President and Chief Operating Officer from June 23, 2006 to January 27, 2009. Chief Operating Officer of Longview Oil Corp. from December 15, 2010 to November 7, 2013. Prior thereto, President of Ketch Resources Ltd. from October 2005 to June 2006. Chief Operating Officer of Ketch Resources Ltd. from January 2005 to September 2005. Prior thereto, Executive Officer and Vice President, Engineering and Operations of Northrock Resources Ltd. from August 1998 to January 2005.

Craig Blackwood

Mr. Craig Blackwood is a Chief Financial Officer, Vice President - Finance of Advantage Oil & Gas Ltd. He is Chief Financial Officer of Advantage since August 1, 2013. Vice President, Finance of Advantage since January 27, 2009. Chief Financial Officer of Longview from March 4, 2010 to February 4, 2014. Mr. Blackwood is a Chartered Accountant and was the Director of Finance of Advantage from November 2004 to January 27, 2009.

Michael Belenkie

Mr. Belenkie E. Michael is Chief Operating Officer of the Company. Mr. Belenkie was founder and Vice President of Engineering of Modern Resources Inc., a successful private oil and gas company in Alberta’s Deep Basin. Between 2008 and 2011 Mr. Belenkie held various roles at Painted Pony Energy Ltd., including Vice President of Reservoir Engineering and Corporate Development. Prior thereto, he held various roles at Talisman Energy (1995-2008) within their North American assets, including Team Lead of Montney and Northeast British Columbia. During 2006 and 2007, Mr. Belenkie also developed and implemented strategic realignment and operational excellence strategies with leadership teams in two major producers in Alaska and Canada while working with the management consulting firm, RLG International, during his tenure at Talisman. Received his BSc. In Mechanical Engineering from University of Calgary in 1997 and is a registered professional engineer with the Association of Professional Engineers and Geoscientists of Alberta.

Neil Bokenfohr

Mr. Neil Bokenfohr is Senior Vice President of Advantage Oil & Gas Ltd., since March 27, 2014. Senior Vice President since March 27, 2014. Vice-President, Exploitation of Advantage from June 23, 2006 to March 27, 2014. Vice-President, Exploitation of Longview from May 13, 2011 to November 7, 2013. Prior thereto, Vice President Exploitation and Operations of Ketch Resources Ltd. from January 2005 to June 2006; Vice President, Engineering of Bear Creek Energy Ltd. (and Crossfield Gas Corp. prior thereto) from March 2002 to January 2005. Prior thereto, Director of Exploitation for Calpine Canada Natural Gas Company from December 2000 to March 2002.

David Sterna

Mr. David Sterna is Vice President, Marketing and Commercial of the Company. Vice President, Marketing and Commercial since April 15, 2018. Director, Strategy & Commercial at Progress Energy, a wholly owned subsidiary of Petroliam Nasional Berhad (PETRONAS), from May 2015 to April 2018. Vice President, Commodities & Transportation at PennWest Exploration between 2008 and 2014, Vice President, Corporate Planning & Marketing at Canetic Resources Inc. between 2004 and 2008 and Director of Marketing at Calpine Canada between 2001 and 2004. Mr. Sterna has a Bachelor of Arts, Economics from the University of Manitoba and a Diploma of Arts in Business Administration from the Southern Alberta Institute of Technology.

Jay Reid

Mr. Jay P. Reid is Corporate Secretary of Advantage Oil & Gas Ltd. Mr. Reid is a partner at the Calgary based law firm of Burnet, Duckworth & Palmer LLP and has practiced corporate and securities law since 1990. Mr. Reid has served, and continues to serve, as a director or officer of a number of private and publicly listed issuers.

Jill Angevine

Ms. Jill T. Angevine is Independent Director of Advantage Oil & Gas Ltd. Managing Director at Palisade Capital Management Ltd since December 1, 2018. Ms. Angevine was Vice President and Portfolio Manager at Matco Financial Inc. (an independent, privately held asset management firm) from October 2013 to October 31, 2018. Director of Chinook Energy Inc. since November 2014 and Director of Tourmaline Oil Corp. since November 2015. Independent businesswoman from September 2011 until October 2013 and prior thereto, Vice President and Director, Institutional Research at FirstEnergy Capital Corp. (a financial advisory and investment services provider in the energy market). Ms. Angevine is a Chartered Accountant (CA), a Chartered Financial Analyst (CFA) and holds a Bachelor of Commerce degree from the University of Calgary. She also holds the Institute of Corporate Director’s designation (ICD.D).

Stephen Balog

Mr. Stephen E. Balog is Independent Director of Advantage Oil & Gas Ltd. He President, West Butte Management Inc., a private consulting company that provides business and technical advisory services to oil and gas operators. Formerly Principal of Alconsult International Ltd. and prior thereto, President & Chief Operating Officer and a Director of Tasman Exploration Ltd. from 2001 to June, 2007. Mr. Balog has extensive oil and gas industry experience in the management and operation of senior and junior production companies. Mr. Balog was a key contributor to the development and use of the Canadian Oil & Gas Evaluation Handbook as an industry standard for reserves evaluation, and has previously served on the Petroleum Advisory Committee, Alberta Securities Commission. Mr. Balog is a registered Professional Engineer with the Association of Professional Engineers, Geologists and Geophysicists of Alberta and holds a degree in Chemical Engineering from the University of Calgary. He is a member of the Society of Petroleum Evaluation Engineers and the Society of Petroleum Engineers.

Grant Fagerheim

Mr. Grant B. Fagerheim is Independent Director of Advantage Oil & Gas Ltd. He is President and Chief Executive Officer and Director of Whitecap Resources Inc., a public oil and gas company, since June 2008. Prior to establishing Whitecap Resources Inc in June 2008, Mr. Fagerheim was the President and Chief Executive Officer and a Director of Cadence Energy Inc. (formerly, Kereco Energy Ltd.), a public oil and gas company, from January 2005 to September 2008. Mr. Fagerheim founded Ketch Energy Ltd. in April 2000 and served as President and Chief Executive Officer until October 2002. Mr. Fagerheim received his Bachelor's degree in Education (Economics Minor) from the University of Calgary in 1983 and attended the Executive MBA program at Queen's University in 1995.

Paul Haggis

Mr. Paul G. Haggis is Independent Director of Advantage Oil & Gas Ltd. Mr. Haggis was President and Chief Executive Officer of Ontario Municipal Employees Retirement System (OMERS) from September 2003 to March 2007 and prior thereto, Director and Interim Chief Executive Officer of the Public Sector Pension Investment Board (PSPIB). Mr. Haggis has extensive financial markets and public board experience having served on the Board of Directors of Canadian Tire Bank. Mr. Haggis was a director and Chair of the Investment Committee of the Insurance Corporation of British Columbia, Chair of the Audit Committee of C.A. Bancorp and Prime Restaurants Royalty Income Fund, and Chair of Canadian Pacific Railway, Director of UBC Investment Management Inc. He was Chief Operating Officer of Metlife Canadian operations and Chief Executive Officer of ATB Financial. Currently, Mr. Haggis is the Chairman of Alberta Enterprise Corp, a Director and Audit Chair of Home Capital Group Inc. and a Director of the Bank of Canada. Mr. Haggis holds a Bachelor of Arts degree from the University of Western Ontario and is certified as a Chartered Director through the Directors College at McMaster University. He was a Commissioned Officer in the Royal Canadian Air Force Reserve.

Basic Compensation

Name Fiscal Year Total

Ronald McIntosh

190,000

Andy Mah

2,471,040

Craig Blackwood

1,312,060

Michael Belenkie

1,732,750

Neil Bokenfohr

1,499,650

David Sterna

957,575

Jay Reid

--

Jill Angevine

125,000

Stephen Balog

125,000

Grant Fagerheim

125,000

Paul Haggis

137,500
As Of  31 Dec 2019