CALGARY,
AB, Feb. 22, 2022 /CNW/ - PetroShale Inc.
("PetroShale" or the "Company") (TSXV: PSH) (OTCQX:
PSHIF) is pleased to announce the appointment of Anthony Baldwin as Vice President Business
Development. Mr. Baldwin has over 17 years of oil and gas
experience in leadership and business development roles, most
recently as the President of Crescent Point Energy U.S. Corp.
("Crescent Point U.S."). Previously, Mr. Baldwin was Vice
President, Land and Business Development of Crescent Point U.S.,
and prior thereto, held a variety of roles of increasing
responsibility in both Denver and
Calgary after joining Crescent
Point Energy Corp. in 2006.
In connection with the appointment, PetroShale has granted Mr.
Baldwin 110,602 restricted awards ("Restricted Awards") and 442,408
performance awards ("Performance Awards") pursuant to its Bonus
Award Incentive Plan ("Plan"). The awards vest as to one-third on
each of September 10, 2023,
September 10, 2024 and September 10, 2025 and expire December 15, 2025. The awards may be settled by
PetroShale, at the Company's sole discretion, in cash and/or common
shares of PetroShale, in accordance with the terms of the Plan.
About PetroShale
PetroShale is an oil company engaged in the acquisition,
development and consolidation of interests in the North Dakota
Bakken / Three Forks.
Neither the TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE PetroShale Inc.