The two top executives of Calgary-based Tracer Petroleum Corp. will swap jobs.
Larry W. Youell, currently Tracer chairman, will relinquish that post and assume the roles of president and CEO of the company. David Robinson, who intends to resign from the positions of Tracer president and CEO at an upcoming shareholder meeting, will then become the company's chairman.
Earlier this year, Tracer entered into a joint venture agreement with Canneft Inc., Houston, to participate in development of Adzhiyap block in southwestern Turkmenistan. The block, which covers 2,000 sq km, is bordered by Iran to the south and the Caspian Sea to the west (OGJ Online, Feb. 6, 2002).
Other moves
Joseph Feiten has been named chief financial officer of Denver-based independent oil and gas company Tipperary Corp. Feiten succeeds Lisa Wilson, who resigned to pursue other opportunities.
Feiten has 25 years experience serving the oil and gas industry as a certified public accountant with PricewaterhouseCoopers, New York. During 1991-98, Feiten served as director of the US oil and gas industry program of Coopers & Lybrand Ltd. After C&L's merger with Price Waterhouse in 1998, Feiten served as director of training for the firm's global energy and mining industry program.
Wilson joined Tipperary in 1991 as a tax manager. In 1994, she became responsible for Securities and Exchange Commission reporting and was appointed chief financial officer in 1998.
Eugene B. Shepherd Jr. has been named chief financial officer of Brigham Exploration Co., Austin. Shepherd succeeds Curtis F. Harrell, who resigned from his position of 3 years as executive vice-president and chief financial officer.
Shepherd has 20 years of financial and operational experience in the energy industry. Most recently, he served as integrated energy managing director at ABN AMRO Bank NV, Amsterdam. Prior to that, Shepherd worked for 2 years as investment banking director for New York City-based Prudential Securities Inc. Before that, Shepherd spent 8 years as investment banking vice-president for Stephens Inc., Little Rock, Ark., and for 4 years with Merrill Lynch Capital Markets, New York City. Preceding his tenure with Merrill Lynch, Shepherd worked for 4 years as a petroleum engineer with Amoco Production Co. and the Railroad Commission of Texas.
Separately, David Brigham has been promoted to executive vice-president, land and administration. Most recently, Brigham served as senior vice-president, land and administration. Also, Malcolm Brown has been promoted to vice-president in addition to his position of controller.
