CALGARY, Nov. 11, 2019 /CNW/ - Advantage Oil &
Gas Ltd. ("Advantage" or the "Corporation") is pleased to announce
the appointment of Mr. Mike Belenkie
to the position of President in addition to his current role as
Chief Operating Officer of Advantage. Advantage is also
pleased to announce the appointment of Mr. John Quaife as Vice President, Finance of the
Corporation.
Mr. Belenkie joined Advantage in 2018 and has already made
significant contributions to further the Corporation's strategic
direction and operating successes. Mike has over 20 years of
industry experience, holds a Bachelor of Science Degree in
Mechanical Engineering and is a registered Professional Engineer
with APEGA. His experience which includes a diversity of both
technical and high-level business positions have helped complement
and strengthen our senior management team. Mike will continue
to report to Mr. Andy Mah, Chief
Executive Officer.
Mr. Quaife has been an employee of the Corporation since 2008
and his career progression has included internal roles with
increasing responsibilities and scope, most recently as Director of
Finance. His contributions have helped create a solid
financial foundation for Advantage. John is a Chartered
Professional Accountant with over 20 years of industry experience,
holds a Bachelor of Commerce degree and has extensive experience in
finance, accounting and corporate taxation. John will
continue to report to Mr. Craig
Blackwood, Chief Financial Officer.
Please join us in congratulating Mike and John in their senior
management appointments.
Advantage's Senior Management team, consisting of the following
individuals, will continue to develop strategic direction, provide
leadership and execute on the Corporation's Montney resource developments:
Andy Mah (CEO)
Mike Belenkie (President and Chief
Operating Officer)
Craig Blackwood (Chief Financial
Officer)
Neil Bokenfohr (Senior Vice
President)
Dave Sterna (Vice President, Marketing and Commercial)
John Quaife (Vice President,
Finance)
Advisory
The information in this press release contains certain
forward-looking statements which relate to future events or our
future intentions or performance. All statements other than
statements of historical fact may be forward-looking statements.
Forward-looking statements are often, but not always, identified by
the use of words such as "seek", "anticipate", "plan", "continue",
"estimate", "expect", "may", "can", "will", "project", "predict",
"potential", "target", "intend", "could", "might", "should",
"believe", "would" and similar expressions and include statements
relating to, among other things, the ability of the Advantage's
Senior Management team to develop strategic direction, provide
leadership and execute on the Corporation's Montney resource developments; and the
Corporation's focus. Advantage's actual decisions, activities,
results, performance or achievement could differ materially from
those expressed in, or implied by, such forward-looking statements
and accordingly, no assurances can be given that any of the events
anticipated by the forward-looking statements will transpire or
occur or, if any of them do, what benefits that Advantage will
derive from them.
These statements involve substantial known and unknown risks
and uncertainties, certain of which are beyond Advantage's control,
including, but not limited to: the risk that the anticipated
benefits of the appointments may not be achieved; changes in
general economic, market and business conditions; industry
conditions; actions by governmental or regulatory authorities
including increasing taxes and changes in investment or other
regulations and changes in tax laws. Many of these risks and
uncertainties and additional risk factors are described in the
Corporation's Annual Information Form which is available at
www.Sedar.com and www.advantageog.com. Readers are cautioned
that the foregoing lists of factors is not exhaustive.
With respect to forward-looking statements contained in this
press release, Advantage has made assumptions regarding, but not
limited to: the ability of the new officers to help enhance value
creation; conditions in general economic and financial markets;
effects of regulation by governmental agencies; current and future
commodity prices and royalty regimes; future exchange rates; timing
and amount of capital expenditures; the price of crude oil and
natural gas; that the Corporation will have sufficient cash flow,
debt or equity sources or other financial resources required to
fund its capital and operating expenditures and requirements as
needed; that the Corporation's conduct and results of operations
will be consistent with its expectations; and current or, where
applicable, proposed assumed industry conditions, laws and
regulations will continue in effect or as anticipated.
These forward-looking statements are made as of the date of
this press release and Advantage disclaims any intent or obligation
to update publicly any forward-looking statements, whether as a
result of new information, future events or results or otherwise,
other than as required by applicable securities laws.
SOURCE Advantage Oil & Gas Ltd.