CALGARY, April 12, 2019 /CNW/ - North American Helium, a Calgary-based private helium exploration and production company, announced today that Marlon McDougall, a 30-year veteran of oil and gas industry operations, has been appointed President & Chief Operating Officer of the Company.
As President & COO, McDougall will provide leadership to North American Helium's expanding operations, including a substantial increase in drilling activity in 2019 as well as construction of the company's first production facility, which will be announced in the coming weeks. McDougall is a proven operational leader, having previously served as COO of two 50,000+ boe/day oil & gas producers in Western Canada, where he was responsible for hundreds of employees and capital projects as large as $700 million.
"We are very excited to bring a leader of Marlon's calibre and experience to our team at North American Helium," said Nicholas Snyder, Chairman and Chief Executive Officer at North American Helium. "Marlon has significant leadership experience overseeing complex oil and gas drilling and facilities construction operations. He has a track record of leading projects that come in on time and on budget. He is the right operational leader for our team as we prepare for the construction of our first production plant while continuing to manage growing exploration and development programs in multiple jurisdictions."
Helium is a vital element. From medical imaging and semiconductor manufacturing to space exploration and national defense applications, major technologies in our lives rely on helium. As the world currently faces another shortage of helium supply, North American Helium is well-positioned, with an industry-leading land position established in south western Saskatchewan and a focused, successful exploration program.
About North American Helium
North American Helium is a Calgary-based private helium exploration and production company founded in 2013. The Company has acquired rights to explore for and produce helium on an expanding property base of over 1,000,000 acres, primarily in the Canadian province of Saskatchewan. The company is developing new sources of reliable long-term helium supply in North America, the largest global market, to ensure that this vital element is available for science and industry in the coming year and decades. North American Helium is well-positioned to meet growing long-term demand for helium thanks to its assets in the right jurisdiction, in the right location and with the right geology to deliver helium supply to world markets.