Denver based oil and gas exploration company Sentry Petroleum Ltd. announced today the appointment of Iynky Maheswaran as Executive Director and Chief Financial Officer, effective immediately. Mr. Maheswaran is a certified practicing accountant with an MBA and a BA in economics. He brings a wealth of corporate finance, strategic planning and management experience to Sentry Petroleum. Prior to joining Sentry, Mr. Maheswaran was head of finance for Telstra's 3G Infrastructure Services (3GIS) joint venture. The mandate was to maximise the $1 Billion investment in the 3G network by providing the "best of class" quality to customers while maintaining the lowest cost platform relative to the industry. He was responsible for finance, strategy and commercial management of the organization.
Mr. Maheswaran will oversee Sentry's deal structuring and risk management for new businesses, as well as corporate alliances, partnerships and business case development for exploration and drilling projects. He will also succeed Alan Hart, who has served as CFO since February 2006.
"We are delighted to welcome Iynky to Sentry. With his appointment, we are in an even stronger position to deliver on our objective of becoming a pre-eminent oil and gas company," said Dr. Rajeswaran, chief executive officer of Sentry Petroleum. "Mr. Maheswaran not only has a proven track record of growing businesses and managing complex capital structures, but he also has a depth of financial and operational experience that will be invaluable in helping Sentry achieve its business objectives."
"I am excited to be joining Sentry Petroleum at such an important point in its corporate evolution," stated Mr. Maheswaran. "The company has grown significantly in the preceding year and we have high expectations for the company. MBA Petroleum Consultants is upgrading the leads in ATP-865 to prospects and high grading the Sherwood Park prospect for drilling. I look forward to working closely with Sentry's board and executive team as we strive to ensure Sentry achieves its full potential as an industry leading oil and gas company."
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