As previously disclosed, following the completion of the business combination with M3-Brigade Acquisition III Corp., which resulted in Greenfire becoming a public company listed on the New York Stock Exchange, David Phung has resigned as the Chief Financial Officer of Greenfire. Mr. Phung served as the Chief Financial Officer of Greenfire (and certain predecessors) since December 2020. Mr. Phung also served on the Board of Directors of Greenfire Resources Inc.
“Dave has been instrumental to Greenfire’s ability to consummate transformational transactions since the inception of the Company in 2021, including the acquisition of our Hangingstone Demo and Expansion assets and our recently completed business combination with M3-Brigade Acquisition III Corp,” said Julian McIntyre, Chair of the Board of Directors of Greenfire. “We are grateful for Dave’s meaningful contributions to the success and evolution of Greenfire,” said Robert Logan, President and Chief Executive Officer of Greenfire.
“We are very excited to have Tony join Greenfire’s executive team,” said Robert Logan, President and Chief Executive Officer of Greenfire. “Tony successfully led our recently announced US$300 million refinancing and we look forward to further leveraging his extensive corporate finance and executive management experience as part of Greenfire’s next chapter as a successful growth-oriented public company.”
Mr. Phung will continue with Greenfire on a consulting basis to allow for a smooth transition.
About Greenfire
Greenfire is an intermediate, lower-cost and growth-oriented Athabasca oil sands producer with concentrated Tier-1 assets that utilize steam assisted gravity drainage extraction methods. The Company is focused on responsible and sustainable energy development in Canada, with its registered office located in Calgary, Alberta. Greenfire is an operationally focused company with an emphasis on an entrepreneurial environment and employee ownership.
Greenfire common shares are listed on the New York Stock Exchange under the symbol “GFR”.
For more information, visit greenfireres.com or find Greenfire on LinkedIn.
Contact Information
Greenfire Resources Ltd.
205 5th Avenue SW
Suite 1900
Calgary, AB T2P 2V7
greenfireres.com
investors@greenfireres.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/182579
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