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Exxel Energy Corp. Strengthens Operational Expertise with the addition of Tony Gale as SVP of Operations
Exxel Energy Corp. Strengthens Operational Expertise with the addition of Tony Gale as SVP of Operations.
About this update from Xxl Energy Corp.
[{"type":"text","content":"\n\n\n\n(TSX-V Symbol: EXX)\n\n\nHOUSTON, Jan. 4 /CNW/ - Exxel Energy Corp. (the \"Company\") (TSX Venture -\nEXX), is pleased to announce Tony Gale will join the Company as Senior Vice\nPresident of Operations effective January 15, 2007. Mr. Gale joins Mr. Bill\nLingley who was announced as the Company's VP Exploration in the press release\nissued on Tuesday, January 2, 2007.\n\n\nMr. Gale brings 25 years of petroleum engineering experience focusing on\nboth unconventional and conventional plays throughout the United States. Mr.\nGale served most recently as the Senior Vice President at Gunnison Energy\nCorporation, where he was in charge of running the oil & gas operations for\nGunnison. While at Gunnison, he focused primarily on unconventional plays in\nthe Rocky Mountain region. Previously, Mr. Gale served in numerous capacities,\nincluding Operations and Engineering Manager, for Cabot Oil and Gas\nCorporation. For the past 10 years, Mr. Gale has focused specifically on\noperations in the Rocky Mountain region and has been responsible for\nproduction, drilling and engineering operations for both companies. He\ngraduated from Marietta College with a Bachelor of Science in Petroleum\nEngineering.\n\n\nCliff Adams, President and CEO of Exxel Energy Corp., comments, \"We are\nextremely pleased to have Tony join our team at Exxel. Along with the recent\nhiring of Bill Lingley leading the Exploration front, Tony complements the\nteam bringing 25 years of experience in drilling operations and significant\nknowledge and experience in unconventional resource plays. Tony will be\ncritical in working with Bill to further progress our drilling plans in our\nColumbia River Basin, managing our Piceance Basin drilling program and\nidentifying new potential opportunities in the Rockies region. We are\nextremely excited about the additions of both Tony and Bill and the depth of\nknowledge and experience each of them bring to Exxel.\"\n\n\nCompany Grants Stock Options to Gale\n\n\nThe Company has granted stock options on a total of 200,000 common shares\nof the Company to Tony Gale, all such options being exercisable at $4.00 per\nshare. The options shall vest evenly over three years upon the anniversary of\nGale's employment. The options will be subject to the Company's 2006 Stock\nOption Plan (approved on September 7, 2006). All options...