William Lancaster will join Strategic Oil & Gas Ltd., Calgary, as president and chief executive officer Oct. 17, succeeding Tony Berthelet, who has resigned to pursue another opportunity.
Lancaster is currently the president and a board member of GMT Exploration Co. LLC. The Strategic chairman is a significant shareholder and board member of GMT Exploration.
Separately, Amanda Reitenbach has been promoted to chief operating officer of Strategic. Reitenbach has served as vice-president, development and operations, since July 2018.
James Riddell has resigned from the board.
Strategic is a junior oil and gas company with operated light oil assets, primarily in northern Alberta. Strategic’s primary operating area is at Marlowe, Alta.