Talisman Energy Inc. (TSX:TLM) (NYSE:TLM) has appointed Jim Fraser as senior VP for the eastern division of North American operations. Fraser brings more than 30 years of energy industry experience, most recently as VP of ops for the southern division of Chesapeake Energy. Talisman is an independent upstream oil and gas company headquartered in Calgary.

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Philip Verleger Jr., an academic analyst of oil markets, is now the David E. Mitchell/EnCana Professor in Management at the U of C's Haskayne School of Business. Verleger will teach in the MBA and executive MBA programs and a new executive education energy program. Verleger is president of PKVerleger LLC, a firm that provides economic consulting on energy and commodity markets.

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George Chelico has retired as CFO of TG World Energy Corp. (TSXV:TGE). TG World is a Calgary-based junior international oil and gas exploration company.

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Canadian Pacific Railway Ltd. (TSX, NYSE:CP) has promoted Kathryn McQuade to the position of executive VP and CFO. McQuade has served as executive VP and COO since joining CP in 2007. She replaces Mike Lambert, who has left the company to pursue other interests. Brock Winter will return to the role of senior VP, operations once he has concluded the previously announced review of productivity and efficiency. Based in Calgary, CP is a Class 1 North American railway providing freight transportation services over a 22,400-km network in Canada and the U.S.

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Computer Modelling Group (TSX:CMG) has named John Kalman its VP of finance. Kalman is a CA who most recently was VP of finance and CFO with Grand Banks Energy. He replaces Janet Taylor, who has stepped down to provide a transition period prior to her retirement before March 31, 2009. Taylor will remain CFO until then. CMG is a computer software technology and consulting company serving the oil and gas industry. Its head office is in Calgary.

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Norex Exploration Services Inc. (TSX:NRX) has engaged Graham Reid as VP of finance and CFO. Reid brings extensive experience in oilfield service and equipment businesses. Based in Calgary, NRX provides land-based seismic data acquisition services in Canada and the United States.

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Drake Pacific Enterprises Ltd. (TSXV:DPE) has made two executive appointments. Chris Bradley, CA, becomes CFO and VP of finance. Bradley is the former president of Macon Resources. Barry Reid, P. Eng., becomes VP of operations. Reid is the former president of RML Energy Inc. and Savant Energy Ltd. DPE is active in oil and gas exploration and development throughout Alberta and Saskatchewan. It is headquartered in Calgary.

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CV Technologies Inc. (TSX:CVQ) has hired Allan Cleiren as CFO. He replaces Nazir Noormohamed,who has been interim CFO since March 28 for the Edmonton company. Cleiren is a CA who most recently was VP of finance for a publicly traded firm with international operations. CV's lead product COLD-fX is widely used as an over-the-counter natural remedy for cold and flu infections.

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Richard Grayston has joined Ruby Red Resources Inc. (TSXV:RRX) as VP of finance and CFO. He replaces James Scott, who will remain a director and continue as chairman of the audit committee. Since 1985, Grayston has been a self-employed business consultant. Ruby Red is active in the Fort Steele mining division of B.C. exploring for precious and base metals. Its head office is in Calgary.

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Grizzly Oil Sands ULC has appointed John Pearce, P.Eng., to the position of CEO. Prior to joining Grizzly, Pearce served as director of business development, thermal heavy oil, for Devon Canada. Based in Calgary, Grizzly Oil Sands is an independent development-stage oilsands company with most of its acreage located in the Athabasca region.

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ResMor Trust Co. says that Tracie Tesser is now its president and CEO, and Steve Bashmakov is VP and CFO. Tesser was previously GM and senior VP of operations for GMAC Residential Funding and ResMor Trust. Bashmakov has held several senior-level roles at GMAC ResCap during his four-year tenure, most recently in investor relations. Based in Calgary, ResMor is a trust company operating across Canada focused on residential mortgage lending, mortgage servicing and deposit products.

- with files from The Canadian Press (E-mail notices and photos at least two weeks before publication date to news@businessedge.ca)