ARC Financial taps Devon’s Chris Seasons as senior advisor

Chris Seasons has joined the investment team of Calgary-based energy private equity firm ARC Financial Corp. Seasons is a professional engineer with more than 30 years of experience in the upstream oil and gas industry. He also served as president of Devon Canada between 2004 and 2014. At ARC Financial, he will be a senior advisor, working on new deal origination and strategic and operational matters, and representing the firm on portfolio company boards of directors.

PRESS RELEASE

Chris Seasons joins ARC Financial Corp.

CALGARY, Feb. 26, 2015 /CNW/ – ARC Financial Corp. is pleased to announce the addition of Mr. Chris Seasons to its team of investment professionals as a Senior Advisor. Mr. Seasons will work closely with ARC’s Investment Committee and Board of Directors on new deal origination, strategic and operational matters, and will also represent the ARC Energy Funds on portfolio company boards.

Mr. Seasons is a professional engineer with more than 30 years of domestic and international experience in the upstream oil and gas industry. From 2004 until his retirement in June 2014, he served as President of Devon Canada, a subsidiary of Oklahoma based Devon Energy. Devon Canada produced approximately 200,000 barrels a day, with the production mix shifting from a gas dominated asset base to an exclusively heavy oil company during his tenure.

Mr. Seasons has long been active in the Calgary community with a number of not-for-profit organizations including the Canadian Association of Petroleum Producers (former Chairman and head of numerous committees), the Alberta Children’s Hospital Foundation (past Chairman and current board member), and the United Way of Calgary and Area (past co-chair of the annual campaign, current board member).

Mr. Kevin Brown and Mr. Lauchlan Currie, Co-CEOs of ARC Financial said, “On behalf of our partners, we are excited to welcome Chris to the firm. He brings deep operational experience and strategic expertise that will be of critical value to the ongoing success of the ARC Energy Funds.”

Mr. Seasons said, “ARC has a long track record of success, extensive industry expertise and a deep network of relationships that I look forward to contributing to.”

ARC Financial Corp.
With $3.7 billion of assets under management across the seven ARC Energy Funds, ARC Financial is Canada’s leading energy-focused private equity manager. Leveraging off the experience, expertise, and relationships of our team, ARC invests in growth strategies to acquire, explore and develop crude oil and natural gas reserves and production, and in companies that provide supporting oilfield services and equipment.

SOURCE ARC Financial Corp.
For further information: Nancy L. Smith, Managing Director, Direct: 403.292.0695, Email: nsmith@arcfinancial.com, www.arcfinancial.com

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