Bellatrix Exploration Ltd. has announced that Maxwell Lof will be resigning to focus on ongoing health issues effective August 31.
Replacing Lof as Executive Vice President & Chief Financial Officer is Shane Abel, effective September 1.
“While we are sad to see Max leave us, we support him in his decision and wish him good health,” says Brent Eshleman, president and CEO.“We are very pleased to add Shane to the executive management team, and believe that his background and experience will be a great addition for Bellatrix.”
Abel has over eight years of financial executive experience at both public and private companies, and was most recently the CFO of High Ground Energy Inc., a Calgary-based, private equity sponsored oil and gas producer.
Abel’s background also includes almost a decade of experience as an investment banker with BMO Capital Markets, including mergers & acquisitions, equities, debt securities, and bank facilities.
Bellatrix Exploration Ltd. is principally focused on the development of Alberta’s Spirit River liquids rich natural gas play.
