AtlaGas' Townsend gas processing facility. (Source: AltaGas Ltd.)
Canada's AltaGas Ltd. has appointed Angela Lekatsas to its board as an independent director, the company said in an Aug. 16 press release. The appointment will increase the board’s size to 11 directors. Lekatsas will serve as a member of the board’s audit committee.
Lekatsas has over two decades of experience in both broad industry and corporate finance. She served as president and CEO of Cervus Equipment Corp., and prior to that appointment, she was one of Cervus’ independent directors. She has also served as a senior executive with Nutrien Ltd., where she held other roles in corporate development, operations, finance and risk.
Lekatsas currently serves on the board at Baytex Energy Corp.
"Angela's strong background will complement our Board and we believe her strategic depth, wealth of experience across a wide range of organizational functions, international knowledge, and collaborative leadership style will benefit the organization and our stakeholders," said Pentti Karkkainen, AltaGas’s board chairman.
Recommended Reading
Marketed: Mineral, Royalty Interests in Permian, Powder River Basins
2024-05-21 - A private seller has retained Detring Energy Advisors for the sale of its mineral and royalty interests in the Permian and Powder River basins.
TotalEnergies, Sinopec to Develop SAF Unit in China
2024-03-26 - TotalEnergies and Sinopec’s production unit will have the capacity to produce 230,000 tons of sustainable aviation fuel per year.
Dallas Fed Energy Survey: Permian Basin Breakeven Costs Moving Up
2024-03-28 - Breakeven costs in America’s hottest oil play continue to rise, but crude producers are still making money, according to the first-quarter Dallas Fed Energy Survey. The situation is more dire for natural gas producers.
From Tokyo Gas to Chesapeake: The Slow-burning Fuse that Lit Haynesville M&A
2024-03-01 - TG Natural Resources rides the LNG wave with Rockcliff deal amid shale consolidation boom.
EIA: E&P Dealmaking Activity Soars to $234 Billion in ‘23
2024-03-19 - Oil and gas E&Ps spent a collective $234 billion on corporate M&A and asset acquisitions in 2023, the most in more than a decade, the U.S. Energy Information Administration reported.