LNG Energy Welcomes New Management Members (Canada)
LNG Energy Ltd. announced the hiring of three key people to further support the Company’s development projects in Poland and Papua New Guinea.
Dr. Weldon Beauchamp has been appointed as the Company’s Vice President, Exploration. Weldon has over 30 years of experience in the oil and gas industry. He worked for Sun International for 10 years, as a production geologist and an exploration geologist in the U.S., North Sea/Europe, Africa, South America, and the Middle East. Additionally, he worked for ARCO as a senior geophysicist in the Middle East, Africa, and South America, most recently as the New Venture Manager for TransAtlantic Petroleum in Morocco, Turkey and Romania.
Weldon received a B.A. degree in geology from New England College, a M.S. degree in Geology from Oklahoma State University, and a Ph.D. in Geophysics from Cornell University. With a strong background in structural geology, remote sensing and geophysics, he is a member of the American Association of Petroleum Geologists, certified by the State of Texas Board of Professional Geoscientists, Society of Exploration Geophysicists, American Geophysical Union, and Geological Society of America. He is an adjunct faculty member of the University of Texas at Dallas.
Trevor Tjostheim has been appointed as the Company’s Vice President, Operations. Trevor has over 20 years of experience in the oil and gas industry. He worked for Petro-Canada for 9 years in various roles, the most recent specializing in design and program completion, workover and intervention operations in Syria. He has also held management roles for Daylight Energy and Codeco Energy Group providing project management and technical expertise for completion and workover projects in Canada, the USA and Papua New Guinea. Trevor received a Diploma in Petroleum Engineering from the Northern Alberta Institute of Technology and is a member of the Society of Petroleum Engineers and the Association of Science and Engineering Technology Professionals of Alberta.
Ms. Jenni Lean has been appointed as the Company’s Country Manager, Papua New Guinea. Jenni has over 15 years of experience in the oil and gas industry and was most recently the CEO of Rift Oil, PLC from 2004 to 2009, a publically listed company where she was instrumental in the discovery of two wildcat gas discoveries in western Papua New Guinea. Jenni has also worked in senior roles in Indo-Pacific Energy and Austral Pacific Energy and received both a B.Sc. degree and an MBA from the Victoria University of Wellington, New Zealand.
“LNG is developing our portfolio of high impact projects and simultaneously adding commensurately skilled and experienced individuals to our team. We welcome Weldon, Trevor and Jenni”, said President Dave Afseth. “All three individuals bring significant knowledge and skills that we need for our acreage in Poland and Papua New Guinea.”
The Company also announced that it has granted 2,400,000 stock options pursuant to its previously approved stock option plan. The options are exercisable over 5 years at an exercise price of $0.53 per share.
Source: LNG Energy, June 9, 2011;