CALGARY,
AB, Aug. 7, 2024 /CNW/ - Pason Systems Inc.
(TSX: PSI) ("Pason" or "the Company") is pleased to announce the
appointment of James Bowzer to its
Board of Directors as an independent director, effective
August 7, 2024. The Company also
announces that Jay Collins will be
retiring from the board of directors in November 2024.
James Bowzer joins Pason with
over 35 years of experience in the upstream oil and gas industry.
He has served as a director of Bonavista Energy, which was acquired
by Tourmaline Oil in 2023, and Baytex Energy Corp. He previously
served as President and Chief Executive Officer of Baytex and spent
30 years at Marathon Oil Corporation, where he served in multiple
roles, including Vice President of North American Production
Operations and Regional Vice President of International
Production. Mr. Bowzer holds a Bachelor of Science degree in
Petroleum Engineering from the University of
Wyoming and completed the Advanced Management Program at the
Graduate School of Business at Indiana
University.
"We are delighted to have James
Bowzer join Pason's board of directors," said Marcel Kessler, Chair of the Board of Directors.
"The experience and perspectives that James brings from his many
years of working with leading oil and gas exploration and
production companies will be valuable as we continue to build on
Pason's ongoing success."
"On behalf of Pason and its board of directors, I would also
like to thank Jay Collins for the
wisdom and insights he has contributed since joining the board in
2012," said Mr. Kessler. "Jay's critical thinking and practical
experience have served Pason well over his many years of
service."
Pason Systems Inc.
Pason is a leading global provider of specialized data
management systems for drilling rigs. Our solutions, which include
data acquisition, wellsite reporting, remote communications,
web-based information management, and analytics, enable
collaboration between the rig and the office. Through Intelligent
Wellhead Systems Inc. ("IWS"), we also provide engineered controls,
data acquisition, and software, to automate workflows and processes
for oil and gas well completions operations, improving wellsite
safety and efficiency. Through Energy Toolbase Software, Inc.
("ETB"), we also provide products and services for the solar power
and energy storage industry. ETB's solutions enable project
developers to model, control and monitor economics and performance
of solar energy and storage projects.
Pason's common shares trade on the Toronto Stock Exchange under
the symbol PSI. For more information about Pason, visit the
company's website at www.pason.com or contact
investorrelations@pason.com.
SOURCE Pason Systems Inc.
