About Us

Management Team

COLIN WITWER, P.Eng., B.Sc.

PRESIDENT and CEO

Colin B. Witwer has more than 25 years of experience in the oil and gas industry and has served as Virginia Hills Oil Corp’s President and Chief Executive Officer. Prior thereto, Mr. Witwer served as President and Chief Executive officer of Second Wave Petroleum and Vice President, Operations for Bear Ridge Resources Ltd. Mr. Witwer has held various operational focused engineering roles at Bear Creek Energy Ltd., Talisman Energy and Schlumberger Oilfield Services. He holds a Chemical Engineering degree from the University of Alberta.

IAN TOWERS, P.Eng., MBA

CHIEF OPERATING OFFICER

Ian Towers has more than 35 years of experience in the oil and gas industry and has most recently served as President of a private North American energy company. Prior thereto, Mr. Towers served as President & CEO of Dolomite Energy Inc., President & CEO at Rio Alto Resources International Inc. and held various management and senior technical and business roles at Rio Alto Exploration Ltd. and Shell Canada Ltd. He holds a Chemical Engineering degree from Queen’s University and an MBA from Schulich School of Business.

MARK MALLAMO, Ph.D., P.Geol., FGC

V.P. OF EXPLORATION

Mark Mallamo has 29 years of experience in the oil and gas industry and has previously served as Vice President, Exploration at Virginia Hills Oil Corp. Prior thereto, Mr. Mallamo has held various management and senior geology roles with several companies including Aspenleaf Resources Ltd., Pengrowth Energy, Samson Canada, Burlington Resources and Chevron Canada. He holds a Ph.D. degree specializing in carbonates from McGill University and is a Fellow of Geoscientists Canada.

TRAVIS BODNAR, P.Eng., B.Sc.

V.P. OF ENGINEERING

Travis Bodnar has 20 years of experience in the oil and gas industry consisting of various operational, engineering and management roles at companies including Virginia Hills Oil Corp, Ember Resources, Second Wave Petroleum, Nexen and Talisman Energy. He is a professional engineer and holds a Bachelor of Science degree in petroleum engineering from the University of Alberta.

Wendy Woolsey

INTERIM CHIEF FINANCIAL OFFICER AND V.P. FINANCE

Ms. Woolsey has over 25 years of experience in the Canadian oil and gas industry. She was Vice President, Finance and Chief Financial Officer of Yoho Resources Inc. from 2005 to 2016. Prior thereto, she held various senior roles, where areas of responsibility included financial and corporate reporting, tax, treasury and capital markets, operational accounting, and business analysis, including Manager of Finance at Baytex Energy and Vice President, Finance and Chief Financial Officer of Symmetry Resources Inc. Ms. Woolsey has been a Chartered Accountant since 1991 and graduated from the University of Saskatchewan with a Bachelor of Commerce degree.

Board of Directors

COLIN WITWER, P.Eng., B.Sc.

PRESIDENT and CEO

Colin B. Witwer has more than 25 years of experience in the oil and gas industry and has served as Virginia Hills Oil Corp’s President and Chief Executive Officer. Prior thereto, Mr. Witwer served as President and Chief Executive officer of Second Wave Petroleum and Vice President, Operations for Bear Ridge Resources Ltd. Mr. Witwer has held various operational focused engineering roles at Bear Creek Energy Ltd., Talisman Energy and Schlumberger Oilfield Services. He holds a Chemical Engineering degree from the University of Alberta.

IAN TOWERS, P.Eng., MBA

CHIEF OPERATING OFFICER

Ian Towers has more than 35 years of experience in the oil and gas industry and has most recently served as President of a private North American energy company. Prior thereto, Mr. Towers served as President & CEO of Dolomite Energy Inc., President & CEO at Rio Alto Resources International Inc. and held various management and senior technical and business roles at Rio Alto Exploration Ltd. and Shell Canada Ltd. He holds a Chemical Engineering degree from Queen’s University and an MBA from Schulich School of Business.

BRIAN MOSS, Ph.D., P.Geol.

Director of Crown Point Energy Inc., a public oil and natural gas company from November 2016 to present, and former President and Chief Executive Officer Crown Point Energy Inc. from 2016 to 2022. Director of Bengal Energy Ltd., a public oil and natural gas company from 2012 to present.

MATTHEW MOORMAN, CPA, CMA

Chief Financial Officer of Revitalize Energy Inc. since 2022. Prior thereto, Chief Financial Officer at Bengal Energy Ltd. from 2018 to 2022.

MATT BAKER, CFA

Matt Baker is a Dedicated Partner of PGIM Energy Partners, the middle-market energy fund management business sponsored by PGIM Private Capital. Prior to this role, he led a team responsible for marketing, originating, and managing oil and gas related investments in Canada, Oklahoma, Western Texas, and Ft. Worth. He joined PGIM in 2004. Mr. Baker received a BBA from Texas A&M University and an MBA from the University of Texas at Austin’s McCombs School of Business. He holds the Chartered Financial Analyst® designation.

Corporate Governance

Extractive Sector Transparency Measures Act – 2023 Annual Report

The Extractive Sector Transparency Measures Act (“ESTMA” or the “Act”) was enacted by the Government of Canada on December 16, 2014, and made effective for financial years beginning after June 1, 2015. The Act delivers on Canada’s international commitments to contribute to global efforts to increase transparency and deter corruption in the extractive sector by requiring extractive entities active in Canada to publicly disclose, on an annual basis, specific payments made to all governments in Canada and abroad.

 

Payments in the ESTMA report reflect gross payments made by Acquisition Oil and are reported in accordance to the act. Due to definitions and reporting specifications in the Act payments reported in the ESTMA report may differ from other amounts reported elsewhere by Acquisition Oil.

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