Canuc Announces New Board Member
Canuc Resources Corporation (CNUCF) has appointed Kevin Olson to its Board of Directors. Olson brings over 20 years of experience in oil and gas technology and innovation, most recently serving as Director of Global Sales at Core Laboratories N.V. His expertise includes successful business expansion in the Permian Basin and Middle East regions. The company expects Olson's industry network and technology experience to benefit their West Texas natural gas operations and help explore cash flow opportunities while minimizing shareholder dilution.
Additionally, the company announced the resignation of Paul Davis, BSc (Hon), MSc from the Board of Directors.
Canuc Resources Corporation (CNUCF) ha nominato Kevin Olson nel suo Consiglio di Amministrazione. Olson vanta oltre 20 anni di esperienza nella tecnologia e innovazione nel settore petrolifero e del gas, avendo ricoperto recentemente il ruolo di Direttore delle Vendite Globali presso Core Laboratories N.V. La sua competenza include l'espansione commerciale di successo nelle regioni del Bacino Permiano e del Medio Oriente. L'azienda si aspetta che la rete di contatti di Olson e la sua esperienza tecnologica possano favorire le operazioni di gas naturale nel West Texas e supportare l'esplorazione di opportunità di flusso di cassa, riducendo al minimo la diluizione per gli azionisti.
Inoltre, la società ha annunciato le dimissioni di Paul Davis, BSc (Hon), MSc, dal Consiglio di Amministrazione.
Canuc Resources Corporation (CNUCF) ha nombrado a Kevin Olson en su Junta Directiva. Olson aporta más de 20 años de experiencia en tecnología e innovación en petróleo y gas, habiendo desempeñado recientemente el cargo de Director de Ventas Globales en Core Laboratories N.V. Su experiencia incluye la exitosa expansión comercial en las regiones de la Cuenca Pérmica y Medio Oriente. La empresa espera que la red de contactos de Olson y su experiencia tecnológica beneficien sus operaciones de gas natural en el oeste de Texas y ayuden a explorar oportunidades de flujo de caja, minimizando la dilución para los accionistas.
Además, la empresa anunció la renuncia de Paul Davis, BSc (Hon), MSc, de la Junta Directiva.
Canuc Resources Corporation (CNUCF)는 Kevin Olson을 이사회에 임명했습니다. Olson은 석유 및 가스 기술과 혁신 분야에서 20년 이상의 경력을 보유하고 있으며, 최근에는 Core Laboratories N.V.에서 글로벌 영업 이사로 근무했습니다. 그의 전문성은 퍼미안 분지와 중동 지역에서의 성공적인 사업 확장을 포함합니다. 회사는 Olson의 산업 네트워크와 기술 경험이 텍사스 서부 천연가스 사업에 도움이 되고, 현금 흐름 기회를 모색하며 주주 희석을 최소화하는 데 기여할 것으로 기대하고 있습니다.
또한, 회사는 Paul Davis, BSc (Hon), MSc가 이사회에서 사임했다고 발표했습니다.
Canuc Resources Corporation (CNUCF) a nommé Kevin Olson à son conseil d'administration. Olson apporte plus de 20 ans d'expérience dans la technologie et l'innovation dans le secteur du pétrole et du gaz, ayant récemment occupé le poste de directeur des ventes mondiales chez Core Laboratories N.V. Son expertise inclut une expansion commerciale réussie dans les régions du bassin permien et du Moyen-Orient. La société s'attend à ce que le réseau industriel et l'expérience technologique d'Olson profitent à ses opérations de gaz naturel dans l'ouest du Texas et aident à explorer des opportunités de flux de trésorerie tout en minimisant la dilution des actionnaires.
De plus, la société a annoncé la démission de Paul Davis, BSc (Hon), MSc, du conseil d'administration.
Canuc Resources Corporation (CNUCF) hat Kevin Olson in seinen Vorstand berufen. Olson bringt über 20 Jahre Erfahrung in Öl- und Gas-Technologie sowie Innovation mit und war zuletzt als Direktor für globalen Vertrieb bei Core Laboratories N.V. tätig. Seine Expertise umfasst erfolgreiche Geschäftsausweitungen in der Permian Basin- und Nahost-Region. Das Unternehmen erwartet, dass Olsons Branchenkontakte und technisches Know-how die Erdgasgeschäfte in Westtexas fördern und dabei helfen, Cashflow-Möglichkeiten zu erschließen, während die Verwässerung der Aktionäre minimiert wird.
Zusätzlich gab das Unternehmen den Rücktritt von Paul Davis, BSc (Hon), MSc, aus dem Vorstand bekannt.
- Addition of Kevin Olson brings over 20 years of oil and gas industry expertise
- Olson's experience in Permian Basin expansion aligns with company's West Texas operations
- Strategic focus on exploring cash flow opportunities to prevent shareholder dilution
- Loss of board member Paul Davis could impact board expertise and continuity
Toronto, Ontario--(Newsfile Corp. - May 22, 2025) - Canuc Resources Corporation (TSXV: CDA) (OTCQB: CNUCF) ("Canuc" or the "Company") is pleased to announce that Mr. Kevin Olson has joined the Company's Board of Directors.
Mr. Olson is an active member of the Society of Petroleum Engineers (SPE). He has more than two decades of experience driving technology and innovation in the oil and gas industry and has recently served as Director of Global Sales at Core Laboratories N.V., a reservoir optimization leader. In this role Kevin had notable success developing business expansion across the Permian Basin in Texas, and in the Middle East.
Kevin holds a B. Comm from the University of Calgary. He has a track record of success leading cross-functional teams to identify, develop and launch new technologies in the oil and gas industry.
"We are pleased that Kevin is able to join Canuc's Board of Directors. Kevin's experience and familiarity with oil and gas technologies and his extensive professional network will benefit Canuc as we expand in-field developments at the company's natural gas producing assets in West Texas, and as we continue to explore cash flow opportunities in order to protect our shareholders from unnecessary dilution," stated Chris Berlet, CEO and Director of Canuc.
The Company also announces the resignation of Mr. Paul Davis BSc (Hon), MSc from the Company's Board of Directors. The Company would like to thank Paul for his professionalism and service during the period of his tenure on the Board.
About Canuc Resources Corp.
Canuc Resources Corporation is a junior resource company developing its
Canuc Resources Corporation also holds a
The company also generates cash flow from natural gas production at its MidTex Energy Project located in Central West Texas, USA where Canuc has an interest in eight (8) producing natural gas wells and has rights for further in field developments.
For further information please contact:
Canuc Resources Corporation
(416) 525 – 6869
cberlet@canucresources.ca
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