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Sinopec Canada Announces the Addition of a New Independent Director

CALGARY, AB--(Marketwired - May 15, 2014) - Sinopec Canada is pleased to announce today the addition of Mr. Howard Balloch to its Board of Directors. 

Mr. Balloch until recently served as Chairman of Canaccord Genuity Asia Limited, following Canaccord's 2011 acquisition of The Balloch Group, the investment advisory and merchant banking firm founded by Mr. Balloch in 2001. He is a veteran Canadian diplomat, having served as Canada's ambassador to the People's Republic of China from 1996 to 2001 following a 20-year career in the Government of Canada's Department of Foreign Affairs and International Trade and Privy Council Office. Mr. Balloch also serves on the board of directors of Methanex Corporation and Ivanhoe Energy Inc., and is Vice Chairman of the Canada China Business Council. He received a Bachelor of Arts (Honours) in Political Science and Economics and a Masters in International Relations from McGill University, and pursued graduate studies at the University of Toronto and at the Fondation Nationale des Sciences Politiques, Paris.

"Howard is highly respected within both the Canadian and Asian business communities and we are fortunate to be adding his wealth of experience in international energy matters to the Sinopec Canada organization," said Feng Zhiqiang, Chairman and Chief Executive Officer of Sinopec Canada. "I look forward to working closely with Howard and the other members of Sinopec Canada's Board and senior management team to drive our continued growth in Western Canada."

About Sinopec Canada
Sinopec Canada is a diversified unconventional oil and natural gas company, focused on developing its Canadian Deep Basin, Greater Pembina and Oil Sands assets, as well as supporting export infrastructure projects. The Company has a balanced mix of crude oil, liquids-rich natural gas and resource play natural gas, and holds oil sands interests in the Syncrude Joint Venture (9.03%) and the Northern Lights Partnership (50%). Sinopec Canada is a business unit of Sinopec International Petroleum Exploration and Production Corporation (SIPC) and is indirectly owned by China Petrochemical Corporation (Sinopec Group), one of the world's largest energy companies.

Sinopec Canada is a trade name of Sinopec Daylight Energy Ltd., Sinopec Canada Energy Ltd. and SinoCanada Petroleum Corporation.

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