Unit Corp. names a new chairman, president

Unit Corp., Tulsa, has promoted John G. Nikkel to chairman, succeeding King Kirchner, who will remain on the board but is stepping down as chairman, effective Aug. 1.Nikkel has served as the company's president for almost 20 years and as CEO since July 1999.Larry Pinkston, Unit's executive vice-president, will become president in addition to his role as treasurer and chief financial officer. Pinkston has been with Unit for 22 years.Upstream movesTrans-Orient Petroleum Ltd., Vancouver, BC, has named Peter Loretto president and CEO.Garth Johnson, interim president and CEO, has resumed his normal duties as Trans-Orient's corporate secretary and chief financial officer.Oiltec Reso...

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