Jericho Oil Corporation appoints Markus Seywerd to its Board of Directors

Jan 18, 2017: Jericho Oil Corporation has appointed Markus Seywerd to the company’s Board of Directors as an independent director.

Seywerd is chief investment officer and co-founder of Park Lane Capital SIVAC, a London based investment management firm, where he is responsible for all aspects of portfolio construction, risk management and trading. Prior to Park Lane, he was a portfolio manager at SISU Capital, a London based investment management firm, and was a founding partner of Arbitrage Capital Management, a systematic Commodity Trading Advisor in Vancouver, Canada. He started his investment career as a quantitative analyst in the US with Brandywine Asset Management.

Before moving into finance, Seywerd was an exploration geophysicist, holding various management positions and focusing on resource projects in North and South America and Africa.

He holds a BSc in Mathematics & Geophysics as well as an MBA in Finance from the University of British Columbia and his professional designations include Financial Management Certificate (CFAUK), Canadian Investment Management (CIM) and Derivative Markets Specialist (DMS).

Allen Wilson, CEO, stated, “Markus has a strong, diverse background in business, finance and resources, and possesses a far-reaching network of contacts around the globe. His guidance and his relationships will be invaluable to Jericho as we accelerate the growth of our business in 2017 and beyond.”

Seywerd’s appointment is effective immediately but remains subject to approval by the TSX Venture Exchange.

Jericho has also added key personnel to its senior technical team in Oklahoma, including Shane Matson, James Palastak and Dennis Webb, who collectively have 80 years’ experience in the Mid-Continent oil and gas industry.