Alm succeeds Sadarangani as Tethys Oil CFO | Oil & Gas Journal

Content Dam Ogj En Articles 2016 09 Alm Succeeds Sadarangani As Tethys Cfo Leftcolumn Article Thumbnailimage File

Jesper Alm has been appointed chief financial officer by Tethys Oil AB following the decision by Morgan Sadarangani to step down from the role.

Alm, currently executive vice-president, corporate development, joined Tethys Oil in 2014 from investment bank Pareto Securities, where he was a partner in the corporate finance department.

Sadarangani will step down Nov. 30, and remain available to the company until Mar. 1. He has served as chief financial officer since the company went public in 2004.

More in Personnel Moves & Promotions

How to overcome casing flotation limitations to access the full wellbore

How to overcome casing flotation limitations to access the full wellbore

Running casing to depth in long lateral sections is challenging, often costing operators a significant portion of pay zone at the toe of the well. This article highlights a technology that helped one operator add $120,000 to its incremental gas recovery.

Oliver named chief executive officer of Tethys Petroleum

Clive Oliver has been named chief executive officer of Tethys Petroleum Ltd. after the company’s current CEO, Mattias Sjoborg, has decided to step down. Sjoborg will remain a member of the company’s board.

Enterprise reports promotions, new executives

Enterprise Products Partners LP has reported several promotions and new executive appointments.

Stephens named interim CEO at Panhandle Oil & Gas

Chad L. Stephens will serve as interim chief executive officer of Panhandle Oil & Gas Inc., Oklahoma City. Paul F. Blanchard Jr. has stepped down as a member of the board and as president and chief executive officer of the company.

US Chamber picks Durbin to lead GEI

The US Chamber of Commerce has appointed Martin J. Durbin, who served as an American Petroleum Institute executive vice-president in several capacities for nearly a decade, to the position of president of the US Chamber’s Global Energy Institute.

Altizer named CFO amid Halcon bankruptcy

Ragan T. Altizer has been appointed executive vice-president, chief financial officer, and treasurer of Halcon Resources Corp., succeeding Quentin Hicks, who has resigned.

Jorda chosen as CEO of Citgo Petroleum

Carlos E. Jorda has been selected as chief executive officer of Citgo Petroleum Corp. For the last 16 years, Jorda was a consultant to companies and investors in the oil and gas industry globally, as well as a board member for Delek USA.

Western Midstream names CEO, COO

Michael P. Ure has been named president and chief executive officer of Western Midstream Partners LP and Craig W. Collins has been named senior vice-president and chief operating officer.

Davis reassumes CEO role of EnLink Midstream

Barry E. Davis, EnLink Midstream executive chairman, will reassume the role of chief executive officer, succeeding Michael J. Garberding, who will depart the company to pursue other opportunities.

Karnatak becomes CMD of GAIL (India) Ltd.

Ashutosh Karnatak has become chairman and managing director of state-owned natural gas and NGL transporter GAIL (India) Ltd.

Whiting Petroleum posts 2Q loss, cuts workforce

Whiting Petroleum will implement an organizational redesign that includes a workforce reduction of 33%, a loss of 254 positions. In a separate release, the firm reported an adjusted net loss of $25.7 million for the second quarter.

Freed named president of EPIC Midstream Holdings

Brian Freed was named president of EPIC Midstream. With more than 21 years of experience in the oil and gas industry, Freed has held senior positions with Apache, Crestwood Equity Partners, Inergy Midstream, Energy Solutions International, and Entessa.

Moxley succeeds Sutton as GPA Midstream CEO

Joel Moxley has been appointed president and chief executive officer of the GPA Midstream Association. He succeeds Mark Sutton, who announced his retirement in May after 37 years with the association.

Charletta named president of Equitrans Midstream, subsidiary

Diana M. Charletta was appointed president of Equitrans Midstream Corp. and of the general partner of EQM Midstream Partners LP, the company’s publicly traded subsidiary.