Natural Resources >> CEO Interviews >> March 12, 2001

Allen Bey – Avid Oil & Gas Ltd (avoa:tse)

ALLEN J. BEY is President, Chief Executive Officer and Director of Avid Oil & Gas Ltd. After receiving a Bachelors of Science degree in Mechanical Engineering from the University of British Columbia in 1982, Mr. Bey held positions with Norcen Energy Resources Ltd. in the capacity of Production Engineer, Construction Engineer, Field Engineer and Evaluations Engineer. In 1988 he moved into Norcen's marketing division as a Marketing Engineer for Crude Oil and Liquids. By 1989 he was promoted to Senior Marketing Engineer responsible for Norcen's Industrial Gas System (a separate business unit of the corporation). At the same time, Mr. Bey operated two small businesses from inception to the eventual sale of the successful enterprises. In 1991 he became Supervisor of Intra-Alberta Gas Marketing and Transportation, and by 1993, was Manager of Crude Oil and Liquids Marketing. During his last three years at Norcen, Mr. Bey was Asset Rationalization Leader, supervising a staff of 30 people, and was responsible for $600 million of acquisition, divestiture and swap transactions worldwide. One of Mr. Bey's most significant accomplishments at Norcen was to initiate and complete Norcen's 1995 divestiture program, which generated net sales in excess of $300 million. After leaving Norcen in December 1995, Mr. Bey founded Ardent Energy Inc., and Avid Oil and Gas Ltd., which were merged together on June 17, 1999. Profile
TWST: Could you give our readers a short overview and profile of Avid

Oil & Gas Ltd.?

Mr. Bey: Avid Oil & Gas is an oil and gas exploration and production

company based in western