Oilsands Quest appoints two directors to board PR Newswire - June 28, 2007 3:23 PM ET
Oilsands Quest Inc. (Amex: BQI) announces the appointment of Pamela Wallin, Saskatchewan-born journalist, diplomat and entrepreneur, and William Scott Thompson, fourth-generation Texas oilman, to its board of directors, effective June 29, 2007.
Ms. Wallin, who recently completed four years as the Canadian Consul General in New York, serves on several corporate boards in Canada, including CTVglobemedia, Canada's premier multimedia company, and on the board of Gluskin Sheff & Associates, a wealth management firm. She is the Senior Advisor to the President of the Americas Society and the Council of the Americas in New York and a member of the special Advisory Board of BMO Harris Bank.
Mr. Thompson, who has 30 years experience developing petroleum and financial companies, is a director and the President of Harris-Forbes, Inc., a Houston-based financial and venture capital firm. He was a director of Oilsands Quest and subsidiaries from August 2005 until April 30 this year, when he stepped aside in order for the board to have a majority of independent directors.
"We are delighted to welcome Pamela to our board and very pleased to welcome Scott back," said T. Murray Wilson, Executive Chairman of Oilsands Quest. "Ms. Wallin has a refreshing and valuable perspective, based on her extensive experience and intimate knowledge of Canada/U.S. relations, to bring to our board. And, of course, Mr. Thompson's significant background in the oil and gas industry and the financial services industry always results in effective counsel and guidance."
Ms. Wallin is appointed as a Class B director, with her initial term expiring in 2008. Mr. Thompson is appointed as a Class C director, with his term expiring at the company's annual meeting in 2007.