Mr. Gabel brings significant experience to the Company in acquisition and divesture transactions – a primary focus for Canamax as the Company continues to evaluate further acquisitions of junior oil and gas companies in western Canada. He also brings significant experience in dealing with the capital markets and managing corporate growth.
Mr. Gabel, also a director of Canamax, has successfully started, grown and sold multiple public companies in the oilfield sector over the past 20 years. Most recently, he was President of Pure Energy Services Ltd from June, 2009 until its acquisition in October 2012 by Houston-based FMC Technologies Ltd for CDN $300 million. Mr. Gabel has assisted with the transition effort until now. Prior to Pure, Mr. Gabel was the President and CEO of Canadian Sub-Surface Energy Services which he co-founded in 1996. Canadian Sub-Surface went public in 2006 and was subsequently acquired by Pure in 2009.