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TransGlobe Energy Corp (TGL.TO)

TGL.TO on Toronto Stock Exchange

2.84CAD
10:31pm IST
Change (% chg)

$-0.10 (-3.40%)
Prev Close
$2.94
Open
$2.94
Day's High
$2.96
Day's Low
$2.82
Volume
25,400
Avg. Vol
149,500
52-wk High
$5.45
52-wk Low
$1.55

Summary

Name Age Since Current Position

Robert Jennings

72 2013 Independent Chairman of the Board

Randall Neely

46 2018 President

Ross Clarkson

64 2018 Chief Executive Officer, Director

Edward Ok

2018 Chief Financial Officer, Vice President

Lloyd Herrick

2018 Chief Operating Officer, Vice President

Brett Norris

2012 Vice President - Exploration

Marilyn Vrooman-Robertson

2017 Corporate Secretary

Matthew Brister

60 2017 Independent Director

David Cook

56 2014 Independent Director

Frederick Dyment

69 2004 Independent Director

Bob MacDougall

55 2014 Independent Director

Susan MacKenzie

57 2014 Independent Director

Steven Sinclair

61 2017 Independent Director

Biographies

Name Description

Robert Jennings

Mr. Robert Gibson (Rob) Jennings, B.A. CFA, is Independent Chairman of the Board of TransGlobe Energy Corporation. Mr. Jennings is an independent businessman. He retired in 2011 from Jennings Capital Inc. which he established in 1993, as a full service, independent investment firm providing corporations with research, corporate finance and sales services in both the national and international marketplace. From 1969 to 1979, Mr. Jennings was with McLeod Young Weir (predecessor to ScotiaMcLeod), where he held positions of increasing responsibility, initially as an oil and gas analyst, then in the corporate finance in Alberta. In 1976 he was promoted to Vice President of corporate finance for the Alberta area and held that position until 1979. In January 1979, Mr. Jennings created a boutique firm, Carson Jennings & Associates, focused on oil and gas private placements and merger/acquisition activities. In September 1988, Mr. Jennings sold the firm to Walwyn Stodgell Ltd., (prior to Walwyn’s takeover of Midland Doherty), accepting the position of Senior Vice President and Director of Corporate and Government Finance for Western Canada with Midland Walwyn Capital Inc. He remained in the position until August 1993, when he founded Jennings Capital Inc. in Calgary. Mr. Jennings has and currently serves as a board member on certain private companies as well as educational and charitable organizations.

Randall Neely

Mr. Randall Clifford Neely CPA ("CA"), CFA, ICD.D., has been appointed President, Chief Executive Officer of the Company effective December 31, 2018. He joined TransGlobe as Vice President Finance and Chief Financial Officer in May 2012. He was appointed to the Board of Directors on April 4, 2018. Mr. Neely has over 25 years of financial and operating experience in financial and oil and gas industry. Prior to joining TransGlobe, Mr. Nelly served as Chief Financial Officer of Zodiac Exploration from 2010 - 2012. Mr. Neely also held positions as CFO at Pearl Exploration & Production and CFO of Trident Exploration. Mr. Neely worked for three years in investment banking with TD Securities and eight years with KPMG LLP prior to commencing his career in the oil industry. Mr. Neely is a chartered accountant and has completed his ICD.D

Ross Clarkson

Mr. Ross Gordon Clarkson is Non-Executive Director of the Company effective December 31, 2018. Mr. Clarkson is President and Chief Executive Officer of the Company. He was appointed on December 4, 1996 and has served as a director of the Company since October 1995. Mr. Clarkson was employed as a senior geological advisor with Petro-Canada from 1988 - 1996. Prior thereto, he served as Resident Manager of PetroCanada (Yemen) Inc.; as Senior Project Geologist with Canadian Occidental Petroleum Ltd. in Yemen (now Nexen Inc.); and as supervisor of international exploration/geologist with Ranger Oil Limited, giving him over 40 years of domestic and international oil and gas exploration experience. His international familiarity extends to numerous countries on all continents. Mr. Clarkson also holds an ICD.D designation from the Institute of Corporate Directors.

Edward Ok

Mr. Edward Ok is an Chief Financial Officer, Vice President of the Company. Mr. Ok was appointed Vice President, Finance and Chief Financial Officer of the Company in January 2018. He was most recently at Zodiac Exploration and has over 10 years of corporate finance and accounting experience. Mr. Ok holds a Bachelor of Commerce from the University of Alberta, is a Chartered Accountant licensed in the Province of Alberta and a Certified Public Accountant licensed in Washington State.

Lloyd Herrick

Mr. Lloyd W. Herrick, P.Eng, ICD.D, is an Chief Operating Officer, Vice President of the Company. Mr. Herrick joined TransGlobe as Vice President and Chief Operating Officer in April 1999 and was appointed Director at that time. Prior to this, Mr. Herrick was President and Chief Executive Officer of Moiibus Resource Corporation, which was acquired by TransGlobe. Mr. Herrick was previously employed with Ranger Oil Limited, serving in a variety of technical and management/executive positions including Vice President, Canadian Production from 1993 onward. Prior thereto, he was a petroleum engineer with Rupertsland Resources Ltd. and a production evaluations engineer with Hudson's Bay Oil & Gas Ltd. (1975 to 1981). Mr. Herrick is a professional engineer with 40 years of oil and gas experience. Mr. Herrick also holds an ICD.D designation from the Institute of Corporate Directors.

Brett Norris

Mr. Brett Norris is Vice President - Exploration of TransGlobe Energy Corporation. Mr. Norris is a professional geologist with over 24 years of diverse industry experience. Prior to joining TransGlobe as Manager of Exploitation in November 2006, Mr. Norris was Vice President, Geosciences & New Ventures at Paramount Energy Trust, involved with the Gas-Over-Bitumen AEUB regulatory hearings in addition to conventional duties managing geoscience teams and projects. Other previous experience includes manager with the international division of Nexen Inc. in their Yemen and South American teams, and has worked in capacities for a number of exploration and production companies, after starting his career with Esso Resources in 1988.

Marilyn Vrooman-Robertson

Ms. Marilyn Vrooman-Robertson is Corporate Secretary of the Company. She previously served as Assistant Corporate Secretary. Governance professional with over 18 years' experience. A student of ICSA ("International Chartered Secretary Association") and a member of Governance Professionals of Canada.

Matthew Brister

Mr. Matthew Joseph Brister is Independent Director of the Company. Mr. Brister is an independent businessman and experienced director. Mr. Brister has over 40 years' experience in Western Canada (Alberta, British Columbia, Saskatchewan and the North West Territories), North Africa and the North Sea. Mr. Brister is Chairman of Chinook Energy Inc. and previously served as Chairman, President and CEO for the period 2010 - 2014. He served as Chief Executive Officer of Storm Ventures International (SVI) from 2005 - 2010. Prior to this, he served as President and Chief Executive Officer of Storm Energy Ltd. and Storm Energy Inc. from 1998 - 2004. Prior to this, Mr. Brister held various positions with Pinnacle Resources Ltd. from 1987 to 1994 including as President and Chief Executive Officer from 1994 - 1998. Mr. Brister holds a B.Sc in Geology from the University of Calgary.

David Cook

Mr. David B. Cook is Independent Director of Transglobe Energy Corporation. Mr. Cook is currently Chief Executive Officer of DONG Exploration and Production (part of the DONG Energy Group) located in Copenhagen, Denmark. Mr. Cook previously served as Executive Officer and Head of Oil and Gas at TAQA North Ltd ("TAQA") where he lead the Company's upstream and midstream interests in the Middle East, North America, the United Kingdom and Europe. Prior to joining TAQA, he served as Vice President for BP Russia, responsible for British Petroleum's ("BP") non-TNK-BP exploration and production activities in Russia. Mr. Cook has held a variety of global technical, commercial and managerial positions based from the US, UK, Russia and the Middle East as well as board of director roles. Mr. Cook holds a BSc in Geophysics and a PhD in Geological Sciences.

Frederick Dyment

Mr. Frederick John Dyment is Independent Director of the Company. Mr. Dyment is an experienced senior executive and board director, with over 40 years of experience in the oil and natural gas industry. From 1978 to 2000, Mr. Dyment held increasingly senior positions with Ranger Oil Limited, including Chief Financial Officer, President and Chief Executive Officer. Mr. Dyment also held the position of President and Chief Executive Officer at Maxx Petroleum Company from 2000 to 2001. Mr. Dyment stepped down as Chairman of WesternZagros Resources Ltd., an international resource company engaged in acquiring properties and exploring for, developing and producing crude oil and natural gas on January 1, 2016. Mr. Dyment received a Chartered Accountant designation from the province of Ontario in 1972.

Bob MacDougall

Mr. Bob Robert MacDougall, P.Eng, serves as Independent Director of Transglobe Energy Corporation. Mr. MacDougall served as Executive Vice President and Chief Operating Officer of Vermilion Energy Inc. from 2004 until his retirement in 2012 where he led the company's operating business both domestically and internationally, with assets in France, the Netherlands, Australia and Ireland. Prior to this, Mr. MacDougall was with Chevron for nearly 20 years in production and drilling operations and served as General Manager of Production and Operations for ChevronTexaco's Western Canadian producing properties. He has over 30 years’ experience in domestic and international oil and gas operations as well as and senior executive management experience. Mr. MacDougall has an engineering Diploma from Saint Francis Xavier University and a Bachelor of Science degree in Engineering from Technical University of Nova Scotia.

Susan MacKenzie

Ms. Susan Mary (Sue) MacKenzie, P.Eng, MBA, ICD.D, serves as Independent Director of Transglobe Energy Corporation. Ms. MacKenzie served as Chief Operating Officer with Oilsands Quest Inc., a NYSE Amex-listed oil sands company, from April - September 2010. Prior thereto, Ms. MacKenzie was employed for 12 years at PetroCanada, where she held senior roles including Vice President, Human Resources and Vice President of In-Situ Development and Operations. Ms. MacKenzie was with Amoco Canada Petroleum Company Ltd. for 14 years in a variety of engineering and leadership roles in natural gas, conventional oil and heavy oil exploitation. Ms. MacKenzie holds a Bachelor of Engineering (Mechanical) degree from McGill University, and a MBA from the University of Calgary. She is a member of the Association of Professional Engineers and Geoscientists of Alberta. Ms. MacKenzie also holds the ICD.D designation from the Institute of Corporate Directors.

Steven Sinclair

Mr. Steven William Sinclair is Independent Director of the Company. Mr. Sinclair is a corporate director with over 30 years of financial and operating experience, who retired from his position as senior vice-president and chief financial officer of ARC Resources Ltd. in 2014. He is also a director and chair of the audit committee of a Calgary-headquartered private oil and gas company. Mr. Sinclair received his bachelor of commerce degree from the University of Calgary in 1978 and his chartered accountant designation in 1981.

Basic Compensation

Name Fiscal Year Total

Robert Jennings

185,000

Randall Neely

787,348

Ross Clarkson

1,281,860

Edward Ok

--

Lloyd Herrick

1,055,750

Brett Norris

607,248

Marilyn Vrooman-Robertson

--

Matthew Brister

114,167

David Cook

135,000

Frederick Dyment

137,500

Bob MacDougall

132,500

Susan MacKenzie

137,500

Steven Sinclair

114,167
As Of  31 Dec 2017