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Energy veteran McGorman joins Black Spruce amid hopes for oil-patch uptick Add to ...

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Energy banking veteran David McGorman has joined Calgary-based Black Spruce Merchant Capital ahead of an expected uptick in oil-patch deals.

Mr. McGorman, who was chief executive officer of Jennings Capital when that firm was acquired by Mackie Research Financial Corp. in 2014, started this week as managing director of investment banking for Black Spruce, a small shop that concentrates on the junior exploration, production and oil-field services sector.

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