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August 20, 2015 --- Vol. 21, No. 36August 2015

Ed Duncan steps down as Great Bear CEO

Ed Duncan is stepping down as president and CEO of Great Bear Petroleum Operating LLC, the company that has been spearheading oil source rock exploration on Alaska's North Slope, Patrick Galvin, the company's vice president for external affairs and deputy general counsel, has told Petroleum News.

"Following another successful exploration season, it is timely for Great Bear to expand our capabilities in a number of areas," Galvin said. "As part of the transition, Ed Duncan is stepping down as president and CEO and will continue to advise Great Bear as a senior geologic consultant. Great Bear is very pleased to bring on Mike Mason as President and CEO beginning September 4."

Mason has extensive worldwide experience, including three years working for BP in Prudhoe Bay. Most recently he was regional operations manager for Apache Corp. in Egypt, Galvin said.

Karen Duncan, Great Bear's vice president - corporate, general counsel and secretary, will also be leaving Great Bear, with Galvin taking on her responsibilities.

"Everyone in the Great Bear family is grateful for the efforts and successes of Ed and Karen Duncan," Galvin said. "Great Bear is now poised for even greater success, and that is a credit to Ed and Karen's past leadership."

Great Bear has also recently hired Rick Matson, formerly of BP, as staff geophysicist and Josh McIntyre, formerly of BDO, as financial controller, Galvin said.

- ALAN BAILEY

See story in Aug. 30 issue, available online Friday, Aug. 28, at www.PetroleumNews.com

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