Reconnaissance Energy Africa Ltd (TSX-V:RECO, OTCQX:RECAF, FRA:0XD) has appointed Ryan Kubik, a veteran Canadian energy executive, as an independent director, the company said.
Kubik has more than 30 years of energy and finance experience, including over 15 years as CEO or CFO, most recently at MEG Energy, and previously at Heritage Royalty and Canadian Oil Sands. He also chaired the board, audit committee and management committee of Syncrude Canada.
The appointment strengthens the board as ReconAfrica advances the Kavango discovery in Namibia, progresses opportunities in Angola and Gabon, and evaluates future investment and commercialization decisions, the company said.
"Ryan brings an exceptional combination of financial, strategic and governance experience to ReconAfrica at an important point in the company's evolution," said Diana McQueen, chair of the board.
Brian Reinsborough, ReconAfrica's CEO, called Kubik "a highly respected Canadian energy executive" with a strong understanding of upstream oil and gas and the capital markets that support it.
"I am pleased to join ReconAfrica's Board at an exciting stage in the company's development," Kubik said.
"ReconAfrica has built a differentiated portfolio with significant potential, supported by an experienced leadership team and a clear strategy for advancing its assets. I look forward to working with the Board, Brian and management team as the Company continues to execute its strategy with a focus on disciplined investment, strong governance and long-term value creation for shareholders."
