Steve De Maio, Senior Vice President Thermal Operations, will be leaving the corporation mid-March 2018 to pursue other endeavours.
According to a company press release, Pengrowth has taken these steps “in order to align our leadership structure with our streamlined asset base and to meet future anticipated needs for the successful execution of our growth plans.”
Derek Evans, President and Chief Executive Officer of the Corporation, said, “In his almost 20 years with the company, Randy has proven himself to be a dedicated resourceful leader with an ability to maximize value across all elements of the business while at the same time, leading the organization’s health, safety, environment and technical services teams to deliver exceptional results.”
Evans added that De Maio has been a key member of the executive team since 2010 when he came onboard to oversee the development of our Lindbergh project.
“Steve has done a tremendous job of bringing Lindbergh from an idea to over 15,000 bbl/d of production over the past seven years,” said Evans. “Lindbergh has become a great foundational project that we plan on expanding to reach its ultimate production potential of up to 50,000 bbl/d.”
Pengrowth is a Canadian intermediate energy company focused on the sustainable development and production of oil and natural gas in Western Canada from its Lindbergh thermal oil property and its Groundbirch Montney gas property.
(Pengrowth Energy Corporation)