The Canada-Newfoundland and Labrador Offshore Petroleum Board
(C-NLOPB) has designated current Board Member Ed Drover to act as Chairman and Max Ruelokke to act as CEO of the C-NLOPB.

Mr. Ruelokke, who has served as the Board’s Chair and CEO for the past six years will officially end his term on the Board at the close of business today. Mr. Ruelokke has been contracted to continue on as CEO.

Mr. Drover who was appointed to the Board in January 2009, is Financial Advisor and President of Ringwood Wealth Management Inc. with Freedom55 Financial, a division of London Life Insurance Company, located in St. John’s. Mr. Drover is an active entrepreneur in the province with interests in commercial real estate, rental properties as well as recreational and tourism development. Further information can be found at the following link: https://www.cnlopb.ca/about/board/.

The C-NLOPB was created in 1986 through the Atlantic Accord for the purposes of regulating the oil and gas industry offshore Newfoundland and Labrador. The Board reports to both the Federal and Provincial Ministers of Natural Resources and is comprised of seven persons; three appointed by the Federal Government, three appointed by the Provincial Government and a Chair and CEO that is appointed jointly by the two governments.

Media Contact:
Sean Kelly M.A.,APR, FCPRS
Manager of Public Relations
(709) 778-1418
(709) 689-0713 (cell)
skelly@cnlopb.nl.ca