CALGARY, May 16, 2014 /CNW/ – Ivanhoe Energy Inc. (TSX: IE; NASDAQ: IVAN) today announced that Senior Vice President, Finance and Chief Financial Officer (CFO), Gerald Schiefelbein, is leaving Ivanhoe Energy to accept a leadership role with another company. Mr. Schiefelbein’s resignation is effective May 31, 2014 and he will continue in the role until that date to assist the Company with the transition to a new CFO.
Carlos A. Cabrera, Executive Chairman, commented: “On behalf of Ivanhoe Energy and all its stakeholders, I want to sincerely thank Jerry for his contributions and wish him every success in his future endeavors.”
Ivanhoe Energy is an independent international heavy oil exploration and development company focused on pursuing long-term growth in its reserves and production using advanced technologies, including its proprietary heavy oil upgrading process (HTL®). Core operations are in Canada, United States, and Ecuador, with business development opportunities worldwide. Ivanhoe Energy trades on the Toronto Stock Exchange with the ticker symbol IE and on the NASDAQ Capital Market with the ticker symbol IVAN. For more information about Ivanhoe Energy Inc. please visit www.ivanhoeenergy.com.
SOURCE Ivanhoe Energy Inc.
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