http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.05Change: -0.06
R/$ = 11.99Change: -0.14
Au 1202.62 $/ozChange: -3.53
Pt 1150.50 $/ozChange: -5.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Feb 14, 2012

Company Announcement: Pacific Rubiales Announces Appointment of Directors

Back
Petroleum|Resources|Energy|Service
Petroleum|Resources|Energy|Service
petroleum|resources|energy|service
Download PDF
Pacific Rubiales Announces Appointment of Directors (0.04 MB)
 

TORONTO, Feb. 13, 2012 /CNW/ - Pacific Rubiales Energy Corp. (TSX: PRE; BVC: PREC; BOVESPA: PREB) is pleased to announce the appointment of Messrs. Dennis Mills and Francisco Solé to the board of directors of the Company, effective February 13, 2012, subject to regulatory approval. Mr. Mills will chair the Company's Audit Committee and will also join the Company's Corporate Governance and Nominating Committee, while Mr. Solé will be joining the Company's Compensation and Human Resources Committee. Messrs. Mills and Solé have been appointed to the board to replace Messrs. Donald Ford and John Zaozirny, each of whom is retiring from the board of directors at this time.

Mr. Mills was Vice Chairman and Chief Executive Officer of MI Developments Inc. from 2004 to 2011, and a Vice-President at Magna International from 1984 to 1987. Mr. Mills served as a Member of Parliament in Canada's federal parliament from 1988 to 2004. While a Member of Parliament, Mr. Mills was Parliamentary Secretary to the Minister of Industry from 1993 to 1996, the Parliamentary Secretary to the Minister of Consumer and Corporate Affairs from 1993 to 1995 and the Chair of the Committee studying the Industry of Sport in Canada. Mr. Mills was the Senior Policy Advisor to the Cabinet Committee on Communications (1980-1984), Advisor to the Minister of Energy (1980-1981), Senior Advisor to the Minister of Multiculturalism (1980), and Senior Communications Advisor to the Prime Minister of Canada, The Right Honourable Pierre Elliott Trudeau (1980-1984).

Mr. Solé has served Grupo Planeta, a Colombian publishing and media company in various capacities since 1989, most recently as Grupo Planeta Corporate President of the Andean Area, Vice-President of El Tiempo Publishing House and President of Channel 3 Television of Colombia. Mr. Solé has also been a member of the Board of Directors for CEET TV, El Tiempo Publishing House and Editorial Planeta Colombia during this time. From 1985-1989 he was General Director and Director of Administration at the oil refining company East of Spain Lubricants (LUDESA), in Spain. He has also been Department Head, Accountant and Section Chief in the department of cost accounting at Novartis, a chemical and pharmaceutical company.

Stated Ronald Pantin, Chief Executive Officer of Pacific Rubiales: "We are very pleased to welcome Mr. Dennis Mills and Mr. Francisco Solé to our board of directors and look forward to the value and experience they will bring to the board. At the same time, we wish to thank Mr. Donald Ford and Mr. John Zaozirny for the service, insight and experience they provided Pacific Rubiales."

Pacific Rubiales, a Canadian-based company and producer of natural gas and heavy crude oil, owns 100 percent of Meta Petroleum Corp., a Colombian oil operator which operates the Rubiales and Piriri oil fields in the Llanos Basin in association with Ecopetrol, S.A., the Colombian national oil company, and 100 percent of Pacific Stratus Energy Corp. which operates the La Creciente natural gas field. The Company is focused on identifying opportunities primarily within the eastern Llanos Basin of Colombia as well as in other areas in Colombia and northern Peru. Pacific Rubiales has working interests in 46 blocks in Colombia, Peru and Guatemala.

The Company's common shares trade on the Toronto Stock Exchange and La Bolsa de Valores de Colombia and as Brazilian Depositary Receipts on Brazil's Bolsa de Valores Mercadorias e Futuros under the ticker symbols PRE, PREC, and PREB, respectively.


 

Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Announcements News
A Website has been launched which provides country wide information for water resources experts on South Africa, Swaziland and Lesotho. The website was demonstrated to an audience of water professionals by Royal HaskoningDHV’s Dr Bill Pitman and Allan Bailey. As the...
International competitiveness and intra-African trade need to be top on the agenda items of businesses operating within the metals and engineering sector, Steel and Engineering Industries Federation of Southern Africa (SEIFSA) Chief Executive Officer Kaizer Nyatsumba...
Specifically designed for level measurement in maritime salt water or water that contains chlorine such as swimming pools, the new Jumo MAERA S29 SW titanium level probe is highly resistant and can also be used in potentially explosive areas. The probe is available...
More
 
 
Latest News
Updated 29 minutes ago About 1 000 contract workers at South Africa's Eskom Medupi power plant have been fired for vandalising property during this week's one-day a strike over poor living conditions and higher pay, the power producer's spokesperson said on Friday. "Some of the workers...
Updated 1 hour 9 minutes ago Government continues to stress the importance of the agroprocessing agenda in an attempt to bolster economic growth and job creation, while also securing South Africa’s future food requirements in an economy that fell short of its growth target in 2014, achieving...
The presidency on Thursday said it would not entertain what it called rumours and gossip about operations at Eskom. "President Jacob Zuma has been kept fully briefed about the developments at Eskom and the attempts being made by the Minister of Public Enterprises, Ms...
More
 
 
Recent Research Reports
Electricity 2015: A review of South Africa's electricity sector (PDF Report)
Creamer Media’s Electricity 2015 report provides an overview of State-owned power utility Eskom and independent power producers, as well as electricity planning, transmission, distribution and the theft thereof, besides other issues.
Construction 2015: A review of South Africa’s construction sector (PDF Report)
Creamer Media’s Construction 2015 Report examines South Africa’s construction industry over the past 12 months. The report provides insight into the business environment; the key participants in the sector; local construction demand; geographic diversification;...
Liquid Fuels 2014 - A review of South Africa's Liquid Fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2014 Report examines these issues, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing, competition in the sector, the...
Water 2014: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move road...
 
 
 
 
 
This Week's Magazine
Projected capital expenditure (capex) in the South African automotive assembly industry should reach a record R7.48-billion this year, says the National Association of Automobile Manufacturers of South Africa (Naamsa) in its 2014 fourth quarter business review. Capex...
After several years of navigating project-threatening red tape and currency fluctuations, the 4.4 MW Bronkhorstspruit biogas power plant, which will supply clean energy to a leading automotive manufacturer in Gauteng, is expected to enter production before June....
RESOURCEFUL The raw material for the pilot plant would be supplied from the dissolving wood pulp plants at Sappi’s Saiccor and Ngodwana mills, in South Africa, and the Cloquet mill, in the US
South African paper and pulp producer Sappi reported earlier this month that it would build a pilot plant for the production of low-cost Cellulose NanoFibrils, or CNF (nanocellulose) at the Brightlands Chemelot Campus in Sittard-Geleen in the Netherlands.
The long-term outlook for Nigeria is a country that has the potential to be very strong. So affirmed International Monetary Fund (IMF) Nigeria Mission Chief and Senior Resident Representative Dr Gene Leon on recently. "But we are starting from a point of huge...
Poor infrastructure planning and inadequate maintenance are becoming increasingly problematic for new developments and the associated infrastructure required to support such developments.
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $96 Close
Subscribe Now for $96