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Penn West announces new chief executive officer

Penn West PetroleumPenn West Petroleum Ltd. announces that David French will be joining the company as president and CEO and will join the board of directors, effective October 24, 2016.
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Mr. French most recently served as President and CEO of Bankers Petroleum Ltd., a Calgary-based publicly-traded oil and gas company with operations in Southeastern Europe. Mr. French successfully led the operational and commercial growth of the enterprise over his tenure.

Mr. French has worked a wide range of reservoir rock types, and primary, secondary and tertiary development throughout Canada, the lower 48 United States and Europe.

Prior to joining Bankers in 2013, he held several executive roles at Apache Corporation including Regional Production Manager for the western Canadian business, and Global Vice President of Business Development.

Earlier in his career he worked for McKinsey & Co. in energy consulting and built his career in the Permian Basin for Amoco Production Company (now BP).

Mr. French holds a Bachelor's degree in mechanical engineering from Rice University and an MBA from Harvard Business School.

He is succeeding Dave Roberts who has been in the role since June, 2013.



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