The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

A gas flame burns behind oil field workers in the desert oil fields of Sakhir, Bahrain.
A gas flame burns behind oil field workers in the desert oil fields of Sakhir, Bahrain.
(Hasan Jamali/AP)

Subscribers Only

Cancen Oil gets new management team

JACQUELINE NELSON

 — The Globe and Mail

Published

Last updated

Cancen Oil Canada Inc. is shaking up its management team by bringing in an investment banker and a crew of waste-management experts to improve the company’s performance in 2013.

Brian Petersen, who currently serves as managing director and head of energy at Stonecap Securities Inc., will step into the chief executive role in the New Year. Mr. Petersen had only been with Stonecap since 2010, but has previous experience at RBC Capital Markets, Cormark Secrities and Versant Partners (which merged with Mr. Petersen’s own boutique energy banking firm back in 2009).