2014-02-26 14:39:17 -
Calgary, Alberta CANADA, February 26, 2014 /FSC/ - Jadela Oil Corp. (JOC - TSX Venture), with a sad heart wishes to announce the death Mr. Aldridge on February 21, 2014. Mr. Aldridge worked in the oil industry for over 37 years. He has served as a director of several companies, both public and private, including Terasen Inc., a publicly traded Vancouver, Canada headquartered pipeline and utility business (acquired by Houston's Kinder Morgan in 2005), Abraxas LLC (an affiliate of Abraxas Petroleum) from 2007 to 2009, Husky Oil Holdings and Husky Oil Toledo, subsidiaries of Husky Energy of Calgary, Canada from March 2008 and Jadela Oil Corp from June 2011. From 1980 to 2003, Mr. Aldridge served in a number of
project management, marketing and leadership positions with Koch Industries, a diversified, privately held energy and trading company. In 1998, Mr. Aldridge led the initial public offering of Koch Pipelines, LP (the company's Canadian pipeline business) and served as its Chairman until October 2002. Mr. Aldridge was President of Koch Petroleum Canada, Chairman of True North Energy Corp and overall leader of Koch's other Canadian businesses, including its very successful exploration and production group. Mr. Aldridge was on the Board of Directors of the Canadian Association of Petroleum Producers and the Board of Directors, Alberta Chamber of Resources. From 1995 to 1998, Mr. Aldridge was President of Koch Oil Co., US and Koch Oil International in Wichita, KS. Koch was the one of the largest crude oil purchasing and gathering company in the United States. Mr. Aldridge had a BS degree in Chemical Engineering from Texas A&M University and an MS degree in International Management Science from the University of Texas at Dallas. Mr. Aldridge was a US Navy officer and carrier based pilot during the Vietnam War. Mr. Aldridge will be given a full military burial service on Monday March 3, 2014 in San Antonio, Texas.
Jadela is a junior oil and gas exploration company. For further information, please contact:
Gregory J. Leia, President and CEO
Jadela Oil Corp.
Suite 203 - 221 - 10th Avenue SE
Calgary Alberta T2G 0V9
T: (403) 873-8166
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