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April 2007

Vol. 12, No. 16 Week of April 22, 2007

Shell Canada’s Mather to retire

Clive Mather is retiring as president and CEO of Shell Canada Ltd., as the company’s Dutch parent completes a buyout of its Canadian subsidiary.

Mather, a 38-year Shell veteran, was president of Shell Canada for almost three years, overseeing the company’s partnership in the Mackenzie gas pipeline project and its large stake in the Athabasca Oil Sands Project.

“During his tenure, Mr. Mather was instrumental in the largest acquisition in Shell Canada’s history, BlackRock Ventures Inc., and in its largest capital investment, Athabasca Oil Sands Project Expansion 1,” the company said in an April 19 press release.

Royal Dutch said Adrian Loader, its director of strategy and business development, will take on executive authority for Shell Canada on June 6 following Mather’s departure. He will form a team of Shell Canada and Royal Dutch executives to oversee the integration process, expected to be complete by the end of the year.

—Petroleum News






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