This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Cinch Energy appoints Dykstra as CEO, replacing Elick 2009-11-12 20:38 ET - News Release Mr. John Elick reports CINCH ENERGY CORP. ANNOUNCES MANAGEMENT CHANGES AND PROVIDES OPERATIONAL UPDATE Sid Dykstra will be joining Cinch Energy Corp. as chief executive officer, effective immediately. John W. Elick, Cinch's current chief executive officer and chairman, will be retiring from day-to-day management, but will continue to provide leadership to the organization as non-executive chairman of the board of directors. George Ongyerth will continue in his role as president. Mr. Dykstra was formerly the president and chief executive officer of OPTI Canada Inc. Prior thereto, Mr. Dykstra was the president of Hunt Oil Company of Canada Inc., which acquired Newport Petroleum Corp. Mr. Dykstra was a co-founder of Newport and became president and chief operating officer as that company grew from a private start-up to a 30,000-barrel-of-oil-equivalent-per-day public intermediate producer with operations in all three western provinces. "Having worked with Sid over the past five years on the board of Cinch, I am pleased to hand the reins to a strong, experienced leader," said John Elick. "As the founder of Cinch, I am proud of our accomplishments to date, and as the industry goes though another cycle, Cinch is well positioned to take advantage of the many opportunities for growth. Sid and George will make a strong management team as we look forward to building Cinch into a leading, intermediate-sized producer." The remainder is available to Stockwatch subscribers.
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