Petromin Resources has apointed Jinwei Julie Xu, CGA to the position of Chief Financial Officer (CFO) effective immediately.
Xu is responsible for the accounting department of Petromin where she manages the company's oil and gas accounting, financial reporting and compliance commitments and works with senior executives and the Board of Directors developing short term & long term financial strategy . Her oil and gas experience includes project financial oversight analysis for potential oil and gas acquisitions and due diligence coordination for properties in Alberta. Petromin has operating oil and gas interests in Canada and participates in an enhanced coalbed methane pilot project in China.
Xu also provides accounting and financial support to TerraWest Energy Corp. (TWE) as part of the management services provided by Petromin to TWE.
Xu received her Canadian Certified General Accountant (CGA) designation in 2009 and is a graduate of East China Normal University where she received Bachelor and Masters degrees. In 2001 and 2002, Ms. Xu was a visiting scholar at the University of British Columbia (UBC).
Previous to joining Petromin in 2006, Xu worked as an Associate Professor at East China Normal University in Shanghai, China, and was editor of an academic journal in China. As a noted academic, Xu has extensive experience and background in monitoring and analyzing China's economic development, regulatory issues and government organization that will assist Petromin's understanding of China and the company's expansion into the Chinese market.
The company is currently focused on developing 655 sq km of coalbed methane (CBM) land in Western China along the Southern Junggar Basin (in China).