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CGX Energy Announces Appointments of Professor Mark Zoback to the Board of Directors and Jennifer Budlong as Exploration Manager
Provides Operational Update on Exploration and Berbice Port Project Toronto, Ontario--(Newsfi...
About this update from Cgx Energy Inc.
[{"type":"text","content":"CGX Energy Announces Appointments of Professor Mark Zoback to the Board of Directors and Jennifer Budlong as Exploration ManagerProvides Operational Update on Exploration and Berbice Port ProjectToronto, Ontario--(Newsfile Corp. - February 8, 2021) - CGX Energy Inc. (TSXV: OYL) (\"CGX Energy\" or the \"Company\"), announces that it has appointed Professor Mark D. Zoback to the Board of Directors of the Company and Ms. Jennifer Budlong as its Exploration Manager. The Company's Board of Directors unanimously voted to increase the number of Directors of the Board from five (5) to six (6) Directors.Mr. Gabriel de Alba, Co-Chair of the Board commented, \"Professor Zoback will bring a wealth of experience to the Company's Health, Safety and Environment Committee and its Reserves Committee. His focus on safety and best practices will be invaluable as the Company moves to drill exploration wells on its Corentyne and Demerara Blocks. I am excited about the progress in the Company's exploration program and the contributions that Professor Zoback will be able to make to those efforts.\" Professor Mark D. Zoback is the Benjamin M. Page Professor of Geophysics at Stanford University, Director of the Stanford Natural Gas Initiative, Co-Director of the Stanford Center for Induced and Triggered Seismicity and the Stanford Center for Carbon Storage and Senior Fellow in Stanford's Precourt Institute for Energy. A world-renowned expert in geomechanics, Dr. Zoback is the author of two textbooks on the subject and the author/co-author of approximately 400 technical papers. Dr. Zoback was the founder of GeoMechanics International (\"GMI\"), a software and consulting company that was acquired by Baker Hughes in 2008. GMI focused on wellbore stability and pore pressure prediction. Baker Hughes continues to use these technologies today.Dr. Zoback served on the National Academy of Engineering committee that investigated the Deepwater Horizon accident. He was a member of the Secretary of Energy's Advisory Board Subcommittee on Shale Gas Development, a member of the Canadian Academy of Sciences Committee on Shale Gas Development and a member of the National Academy of Sciences Advisory Board on drilling in the Gulf of Mexico. Dr. Zoback has received a number of awards and honors including election to the U.S. National Academy of Engineering in 2011 and the...