Continental appoints new VP as it expands Indonesian operations
Thursday, October 19 2017 - 03:32 AM WIB
Canada?s Continental Energy Corporation, an emerging international developer of small scale refineries integrated with local crude oil feedstock production, announced Thursday that it has appointed Byron Tsokas to the position of Vice President of Business Development with the company.
Continental said in a statement that Tsokas will head up the company's Vancouver office and report directly to the CEO. He will be directly responsible for identifying and coordinating new business initiatives with strategic, financial, and technology partners and markets in North America in support of the company's expanding business operations in Indonesia. He will also be charged with the task of expanding the company's media outlets and handling communications with existing and potential stakeholders of the company.
Tsokas is a resident of Calgary, Canada. He holds a Bachelor's degree in Geology from the University of British Columbia and a Graduate Diploma in Business Administration from the Beedie School of Business at Simon Fraser University. He is registered as a practicing Professional Geologist (P. Geo.) with the Association of Professional Engineers and Geoscientists of Alberta (APEGA) and has been actively involved in the exploration and development of oil, gas and coal resources in Canada and internationally for the last 12 years. He also has experience in business development and project management for the mining, utilities and petroleum industries. Prior to joining Continental, Tsokas held a variety of technical and management positions for EnCana Corporation, Talisman Energy, TransAlta Corporation, Walter Energy, Rio Tinto Limited and Enhanced Exploration Pty Ltd.
Company CEO, Rich McAdoo, said of the appointment "Byron is a welcome addition to our management team and I am confident his unique background and experience will directly contribute to the company's growth as we expand our operational activities in Indonesia."
In September, Continental announced the incorporation of PT Continental Hilir Indonesia (PT-CHI), a new, foreign owned, limited liability subsidiary company in Indonesia. PT-CHI will be charged with the task of creating new business opportunities for the company within the "downstream" oil and gas sector in Indonesia.
Continental said that through PT-CHI, the company shall offer management consulting services and joint venture opportunities to local Indonesian crude oil producers, regional investors, and the energy infrastructure development enterprises of regency or provincial level governments.
Company director, Karsani Aulia, will head up the new unit as its President, Director and CEO.
Editing by Reiner Simanjuntak