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Announcement – Hristo Minkov

We are very pleased to announce that Hristo Minkov has been made an Associate at Iridium. Hristo joined the Iridium team in the role of Risk Technician in 2010 and was promoted to Risk Advisor in 2012. Hristo works closely with a broad base of energy and technology clients including several large, multinational clients. He has proven himself to be an essential part of the Iridium team and plays a key role as a technical leader at Iridium.

Hristo received his Bachelor of Commerce, Risk Management: Insurance and Finance from the University of Calgary’s Haskayne School of Business in 2007. He completed his Canadian Risk Manager designation in 2008.

The Associate role at Iridium is reflective of an equity interest in the corporation and is awarded to those individuals who have made an outstanding contribution to the advancement of the company and have consistently demonstrated their commitment to Iridium’s core values. Please join us in congratulating Hristo!

Iridium earned our business through their fresh, consultative approach to helping us manage the risks faced by our business every day. Iridium was able to identify gaps in our insurance and risk management program and bring innovative, thoughtful solutions to the table while being cost conscious through the process. Iridium is indispensable to any oil and gas producer as their availability and expertise in risk management and insurance has us deem them as a partner versus a service provider.

—Craig W. Albert CGA
Controller,
Zargon Oil & Gas Ltd.

Over the many years that we have worked with Iridium they have continuously impressed us with their energy industry expertise, broad insurance market penetration and unfailing enthusiasm. We are particularly pleased with Iridium’s inventive attitude and strong relationships within the insurance industry which have resulted in the quick and above expected closure of several complex claims. Iridium has proven to be an important value adding partner to our organization and we look forward to a continued relationship in the future.

—Michael Makinson, CA
VP Finance & CFO,
Strathcona Resources Ltd.

We were impressed with the depth of research and analysis Iridium preformed in determining our operational exposures and regulatory insurance requirements. Iridium developed and executed an intelligent marketing strategy which resulted in a competitively priced insurance program that reflected our exposure needs. We now consider them to be our partner in risk management.

—Bruce Sherley
P.Eng, President,
Dundee Oil and Gas Ltd.

As we approached our first renewal with Iridium, I was extremely impressed by the team’s operational technical expertise in helping us construct an insurance program most suitable for our risks and their ability to clearly and concisely explain everything as we went through the process. The Iridium team were able to negotiate a fair price for Battle River, in a tough market, and was always quick to respond to any questions we had. Our first renewal went much smoother than I ever could have expected, and we really enjoyed working with them.

—Lance Dunn
Chief Financial Officer,
Battle River Energy Ltd.

Iridium’s knowledge of the international energy sector and our specific business strategy allows us to efficiently develop and continually manage our international operational risk profile. We can always count on the Iridium team to react promptly and professionally to any request, from minor insurance queries to exposure identification. Our experience with Iridium as a risk management partner has been positive and we look forward to our continuing working relationship in the future.

—Scott Budau CA
Chief Financial Officer,
Touchstone Exploration Inc.

Iridium took the time to meet with our rail logistics and tidewater terminal operating teams to learn about Sultran’s overall business activities and related risks. The Iridium team’s analysis of our risks was very comprehensive and resulted in the design and placement of an insurance program that vastly improved coverage of our identified risks. Their prompt service, knowledge of managing risks and attention to detail has been impressive and extremely helpful. Not only has Iridium talked the talk, they’ve walked the walk.

—Warren Barker
Director of Finance and Administration & Corporate Secretary,
Sultran Ltd.

From day one the team at Iridium has shown a commitment to researching and implementing the best possible solution for Pacesetter’s insurance needs which has met both our unique corporate and operational objectives. Iridium has demonstrated their knowledge of the different products and carriers and has demonstrated their commitment to privacy, confidentiality and discretion concerning the corporate information discussed in transacting with Pacesetter. Further, the Iridium team is committed to providing efficient, accurate support and service on all matters concerning our insurance and risk items as they come up.

—Chad Robinson
Chief Financial Officer,
Pacesetter Directional Drilling Ltd.

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