Jagercor Announces New Director and CFO Resignation of Interim CFO
Vancouver, British Columbia / TNW-ACCESSWIRE / January 7, 2015 / Jagercor Energy Corp. (JEM:CSE) (the "Company" or "Jagercor") is pleased to announce that Mr. Alejandro Chernacov is joining the Company's Board of Directors and has also been appointed as Jagercor's new Chief Financial Officer ("CFO"), replacing the interim CFO, Ms. Peni Landisi.
Mr. Chernacov will enhance the company's ability to aggressively advance Jagercor on a number of strategic goals. He brings 10 years of experience in the oil and gas industry in Argentina, most recently as the Investor Relations Manager of YPF SA, the largest integrated Oil & Gas company of Argentina.
In his last position, Mr. Chernacov had responsibility for repositioning YPF SA in the local and international capital markets, as well as overseeing USD40 million of daily trade in YPF stock. Additionally, he was a key player in various long and short-term financings raising over USD3 billion in the past two years. His previous roles included senior positions in the upstream division in planning and portfolio management.
Most importantly, Mr. Chernacov brings deep local expertise in management, detailed knowledge of Argentina's oil & gas industry; including regulatory framework and economics, and a full book of relationships throughout the industry in Argentina and the most important capital markets.
This experience makes Alejandro a valuable addition to the team, making this formidable group continue to grow.
Edgardo Russo, CEO of Jagercor stated, "We are pleased to add Alejandro to our team, he has exceptional experience, demonstrated determination and discipline. These are qualities that will be essential to Jagercor's growth process. We also want to thank Peni Landisi for her excellent achievement during the interim period."
About Jagercor Energy Corp.
Jagercor Energy is a diversified, upstream oil and gas services company with capabilities in reservoir development, production optimization and production management. The Company has a skillful technical and highly trained management team with many years of operational experience in the oilfield operation sector in Argentina.
On behalf of the Board of Directors
Jagercor Energy Corp..
"Edgardo Russo"
President & CEO
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