Petroteq Energy Inc.’s board of directors has appointed David Sealock as its new CEO, the company said on March 27.
Alex Blyumkin will continue to serve as chairman of Petroteq’s board of directors.
“We believe David’s aptitude and capabilities will allow us to take Petroteq to the next level as we make significant progress in our Utah facilities and also move forward on building our PetroBloq consortium,” Alex Blyumkin, Petroteq’s chairman of the board of directors, said.
David Sealock holds over 26 years of strategic management and business/digital transformation leadership experience. Sealock has held various leadership roles at companies such as Autus Ventures, Petroleum Technology Alliance Canada, Sulvaris and Sunshine Oilsands.
Sealock holds a bachelor’s degree in business management and is a registered engineering technologist with ASET.
Formal issuance of the leases in Alaska's Arctic National Wildlife Refuge came a day before the inauguration of Democratic President-elect Joe Biden, who has pledged to ban new oil and gas leasing on federal lands.
The U.S. rig count rose by 10 in the last week, according to Enverus which also notes that the count is down less than 1% in the last month and down 50% year-over-year.
The Winterfell ILX well, designed to test a subsalt Upper Miocene prospect in Green Canyon Block 944, hit about 26 m (85 ft) of net oil pay in two intervals, Kosmos said.