Tuktu Resources Ltd. Announces Appointment of New President & Chief Executive Officer
Newsfile·2025-10-29 21:51

Core Points - Tuktu Resources Ltd. has appointed Jeremy Hodder as the new President and Chief Executive Officer effective immediately [1][2][3] - Mr. Hodder has extensive experience in the oil and gas sector, having held senior leadership roles in various companies, which positions him well to lead Tuktu [2][3] - The company aims to strengthen its core oil production operations and invest in de-risking drilling opportunities in Monarch Banff and Big Valley [3][4] Company Strategy - Under Mr. Hodder's leadership, Tuktu will focus on operational excellence, production growth, and cost control while creating shareholder value [2][3] - The company plans to build momentum through the end of 2025 and into the new year, emphasizing the importance of increasing value for shareholders [4] - The Board of Directors expressed confidence in Mr. Hodder's leadership and the new operations team to expand Tuktu's presence in southern Alberta oil pools [3][4] Leadership Transition - Kathleen Dixon will step down as Interim President and CEO but will continue as Board Chair, having overseen the recruitment of the new CEO and other operational improvements [4] - The Board thanked Ms. Dixon for her dedicated service during her tenure [4]