Canada's Archer appoints Perrier new CEO

Vancouver, British Columbia, CANADA – Archer Petroleum Corp. has named Claude V. Perrier III CEO and a director of the company. 

Perrier has 30 years of experience in the industry. Since 1998, Perrier has been the managing director of Henican Terrebonne Property and since 2000 has been a director of the Louisiana Landowners Association. He founded the Land Management Group in 1985. He received his bachelor’s degree from Louisiana State University.

Victor Barcot is stepping down as CEO, but will remain an active director of the board.

To position Perrier on the board, co-founder Arni Johannson has stepped down as a director of the board and will move to an advisory role within the company.

Canadian-based Archer Petroleum Corp. is an independent oil and gas company focused on the exploration and development of its assets in North America including the Permian Basin of West Texas and the Bakken Shale of North Dakota. 

The company entered the play in February when its subsidiary, Contact Oil & Gas USA Inc., purchased a 50% working interest in 1,475 gross mineral acres located in Burke County, North Dakota from a large private operator in the region. 

Source:  Archer Petroleum Corp.

Related Articles

Post Oak leads $100M commitment to Crown V

04/23/2014

Post Oak Energy Capital LP, through investment partnerships it manages, is leading a $100 million equity commitment to Crown Oil Partners V LP (Crown V).

Athlon Energy prices $650 million of senior notes

04/17/2014 Athlon Energy Inc. has priced $650 million of 6.00% senior unsecured notes by Athlon Holdings LP and its co-issuer and wholly owned subsidiary, Athlon Finance Corp. The company expects to close the...

Athlon Energy begins public offering

04/17/2014 Athlon Energy Inc. has begun an underwritten public offering of 11 million shares of common stock pursuant to a registration statement on Form S-1 filed previously with the US Securities and Exchan...

Oryx enters Permian with $300M equity commitment

04/09/2014 Oryx Midstream Services LLC has received an equity commitment totaling up to $300 million, and will pursue midstream opportunities in the Permian Basin, focusing initially on the Delaware Basin in ...

Outrigger Energy further expands Permian footprint

04/09/2014 Outrigger Energy LLC is expanding its midstream capabilities in the Permian Basin with the addition of a natural gas gathering and processing and crude oil gathering system in the Midland Basin of ...

More Oil & Gas Financial Articles

Post Oak leads $100M commitment to Crown V

Wed, Apr 23, 2014

Post Oak Energy Capital LP, through investment partnerships it manages, is leading a $100 million equity commitment to Crown Oil Partners V LP (Crown V).

Athlon Energy prices $650 million of senior notes

Thu, Apr 17, 2014

Athlon Energy Inc. has priced $650 million of 6.00% senior unsecured notes by Athlon Holdings LP and its co-issuer and wholly owned subsidiary, Athlon Finance Corp. The company expects to close the sale of the notes on May 1.

Athlon Energy begins public offering

Thu, Apr 17, 2014

Athlon Energy Inc. has begun an underwritten public offering of 11 million shares of common stock pursuant to a registration statement on Form S-1 filed previously with the US Securities and Exchange Commission.

Oryx enters Permian with $300M equity commitment

Wed, Apr 9, 2014

Oryx Midstream Services LLC has received an equity commitment totaling up to $300 million, and will pursue midstream opportunities in the Permian Basin, focusing initially on the Delaware Basin in Texas and New Mexico.

Outrigger Energy further expands Permian footprint

Wed, Apr 9, 2014

Outrigger Energy LLC is expanding its midstream capabilities in the Permian Basin with the addition of a natural gas gathering and processing and crude oil gathering system in the Midland Basin of West Texas.

Most Popular

Oil & Gas Jobs

Search More Job Listings >>
Subscribe to OGFJ