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Altura Energy Announces Appointment of Ashley Lastinger as Chief Executive Officer
Vancouver, British Columbia--(Newsfile Corp. - July 7, 2025) - Altura Energy Corp. (TSXV: ALTU) ...
About this update from Altura Energy Corp
[{"type":"text","content":"Altura Energy Announces Appointment of Ashley Lastinger as Chief Executive OfficerVancouver, British Columbia--(Newsfile Corp. - July 7, 2025) - Altura Energy Corp. (TSXV: ALTU) (FSE: Y020) (the \"Company\") is pleased to announce that it has appointed Ashley Lastinger as Chief Executive Officer. Ms. Lastinger has a background in Petroleum Engineering spanning over 15 years, serving as both an engineer and engineering manager for multiple energy exploration and production companies of various sizes. Her technical experience includes reservoir, production, and facilities engineering, as well as regulatory compliance and project management. She has been responsible for all facets of operations in multiple onshore US energy fields, from heavy oil to natural gas. Ms. Lastinger worked under Robert Johnston, both at Apache Corporation and Atalaya Resources, furthering the development of the Mid-Continent Granite Wash formation and evaluating various unexplored resources in Oklahoma, Texas, North Dakota, and Colorado. Ms. Lastinger holds a Bachelor of Science in Petroleum Engineering and Master of Energy Business, both from the University of Tulsa.Robert Johnston has transitioned from CEO to Executive Chairman of the Board of Directors. Former Chairman, Ian Telfer, will remain on the Board as Director. Mr. Johnston comments, \"I am very pleased to work with Ashley again. After our time together at Apache and Atalaya Resources, I feel that her technical and business strengths along with her ever-present enthusiasm will carry Altura Energy to the next level.\"The Company also announces that it has granted the following performance warrants (the \"Performance Warrants\"): 1,000,000 to Robert Johnston, 1,000,000 to Ashley Lastinger and 400,000 to certain directors of the Company. A quarter of the Performance Warrants will become exercisable upon each of the following milestones of the market price of the Common Shares of the Company: $0.35, $0.75, $1.00 and $1.50. Each Performance Warrant entitles the holder thereof to acquire one Common Share (the \"Performance Warrant Shares\") at a price of $0.30 per Performance Warrant Share until July 7, 2030. The issuance of any Performance Warrant Shares upon exercise of the Performance Warrants is subject to approval of the TSX Venture Exchange and disinterested shareholders. The Performance W...